InsuranceClaimsPoliciesRiskMassachusettesThe 'liability insurance crisis' is still a serious problem for certain categories of business -- especially daycare providers, architects, engineers, manufacturers, bars and restaurants, and recreation and sports organization. These business types suffer particularly ...
As a result, the rate of Commercial Property Insurance will also cost more. 3. Business Owners Policy (BOP): This insurance policy combines business property and liability coverage. With this, you can protect your business against disasters such as fire, theft, and other similar events. In ...
So, if your approach to small business insurance is, "We won't carry it, but we'll be really careful in our operations," you can end up with a large bill even if a lawsuit is baseless. Types of Business Insurance: Common Claims Against Small Businesses and How General Liability Insuranc...
Starting a business is an exciting venture, but it’s crucial to understand the various types of liabilities that come along with it. Small business liability refers to the legal responsibilities and financial debts a start-up might face due to its operations, products or services....
How does product liability insurance work?If you make or sell products, your business can be liable for damages if your product harms a customer—even if they misuse it. Product liability insurance protects you from potential legal and financial consequences: ...
How to get professional liability insurance If you already have other types of business insurance and need professional liability coverage, try your current insurance company first and see if they can cover you. If not, shop around with a few different insurance companies and see who gives you ...
Ultimately, the question of the cost of general liability insurance for small businesses depends on the nature of the company and the factors that go into the specific coverage. Many plans are customized for the business, so the cost for one company will differ. Researching and knowing what kin...
Product liability coverage protects your business if the products you offer cause injury or harm. Group health and dental coverage offered as an incentive to employees. Group plans can be created for a small number of employees. Other types of insurance coverage are required or recommended, such ...
Berxi’s top-rated professional liability and small business insurance provides tailored coverage to protect your career or business. Get a free quote now!
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...