Product liability insurance is crucial protection against financial lossesfor small businesses operating on tight margins. Without it, a single product liability claim could lead to bankruptcy. Product liability insurance covers various potential issues, from design defects to negligence. For example:...
Small Business General Liability is a liability insurance agency committed to providing the best coverage to contractors, freelancers, and small businesses in the US.
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It's essential for small businesses to have general liability insurance because it helps protect your assets and can prevent the financial ruin of your business in the event of a lawsuit or liability claim. The specific coverage limits and terms of a policy can vary based on the insurer, so ...
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That’s why having general liability insurance is so important. Fortunately, an independent insurance agent can help you find the right type of business liability insurance to protect your business against lawsuits and legal troubles. But first, let's take a deep dive into business liability ...
Professional liability insurance coverage protects you and your business from any damages claimed due to your mistakes.
Most business insurance runs on a 12 month contract that will renew at the end of each term, much like homeowners insurance. Upon renewal new coverage limitations will apply, along with any new terms and provisions to the policy. This may include the addition of new exclusions, and policy ...
Business.com earns commissions from some listed providers. Editorial Guidelines.Why are employee lawsuits on the rise? With employee lawsuits on the rise, small businesses should consider purchasing employment practices liability insurance (EPLI). EPLI protects your company if current, past or prospecti...
fee should purchase this form of insurance. An E&O policy does not cover criminal prosecution, fraudulent or dishonest acts, or claims against bodily injury. The insured, however, is covered for attorney fees, court costs, and any settlements up to the amount specified by the insurance contract...