Insufficient warnings: Lack of adequate warnings about potential risks. Strict liability: Harm caused by the product, even if you’re not at fault or it wasn’t intentional.Product liability coverage does not include:Tech products: Digital harm requires errors and omissions insurance (which covers ...
Most businesses need general liability insurance because it protects them from liability from common business risks such as a customer being injured on your business’s property or one of your employees causing damage to a customer’s property. But if your company provides direct services to ...
These business types suffer particularly severe liability insurance problems because insurers perceive that they are engaged in activities that pose high risks of liability claims. There has been no convincing evidence adduced that these types of business actually generate more claims or losses for ...
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Small businesses face many risks, and even one accident or lawsuit can have serious financial consequences that can jeopardize the business’s future. With general liability insurance, small businesses can have peace of mind knowing they have protection against many common risks. This type of insuran...
Small businesses are at the heart of the American dream, helping drive the economy and encouraging innovation. Atsmallbusinessquote.com, we help you protect your dream by guiding you to the insurance coverage that’s right for you. From liability insurance to commercial auto insurance, we make ...
businesses, including commercial property, employment practices liability, workers’ compensation, commercial auto, and professional liability insurance. Understanding these policies is crucial for small businesses to protect their assets, employees, and financial stability against various risks and liabilities....
It’s a wise (and sometimes mandatory) choice for small businesses to carry some degree of General Liability and Professional Liability coverage. Whether you operate a blue-collar or white-collar business, both insurance policies protect against a wealth of potential risks. ...
A recommendation for ways to solve the problem of available liability insurance with tort reform and federal regulation was No . 1 among 23 recommendations approved by the Oklahoma delegation as a block during the White House Conference on Small Business, Oklahoma delegates said Monday.Nichols, Max...
Business liability insurance protects a company’s assets andpays for legal obligations, such as medical costs incurred by a customer who gets hurt on store property, as well as any on-the-job injuries sustained by employees.1 Businesses that tend to carry higher risks than traditional liability...