a consultant could face a lawsuit for poor advice, resulting in a client’s business failure. A misdiagnosis or treatment error can also lead to severe small business liability issues in the medical field.
Did you know that over 75% of small business owners are concerned about being targeted for a lawsuit? With 43% of small businesses being threatened with a lawsuit yearly and the average liability suit costing at least $54,000, this fear may not be unfounded. However, you can minimize this...
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...
Her lawsuit against Coca-Cola Bottling Co. shaped modern US product liability laws. Today, product liability remains a pressing concern for businesses. In this guide, you’ll learn the essentials of product liability insurance and how to protect your business. ...
and speaking to them about a lawsuit and the impact it may have will help you understand the true impact of this on your business. A lawyer will also be able to give you some helpful advice for how to protect yourself, and they will provide a professional voice to defend your case when...
Small business insurance protects your business from unexpected financial losses, including legal claims. For example, if a customer files a lawsuit because they got injured when they slipped and fell in your store, business insurance can cover the costs of the suit, including your legal defense...
Let Us Help! Small business insurance is what we do — offering the insurance coverages small business owners may need. And we customize them based on what you do. That’s how we’ve helped insure thousands of businesses across the U.S. ...
to determine which small business insurance companies Americans are most interested in. We identified 24 companies that sell small business insurance policies and then refined that list based on internet search volume, along with the number of professional and consumer review sources (a minimum of fou...
Business owners realize they can be sued for anything, even if they haven’t made a mistake, so they understand the importance of purchasing insurance to protect against the financial implications of a lawsuit. Needless to say, when Hiscox began, there was no such thing as cyber security ...
Legal Professional Every business owner should have a relationship with a business lawyer, liability attorney, or legal firm. When an owner invests money and effort in building a business, it must be safeguarded from the loss that can arise from a lawsuit. While it is important to work with...