Do You Need General Liability Insurance?
For many clients, the first step to protecting their company’s assets is to explore their options with general liability insurance. These policies are designed to guard your business against claims related to personal injuries or property damage. Your coverage for these types of “general” claims can help pay for subsequent attorney fees or medical expenses, which could otherwise put an unnecessary legal and financial burden on your company.
Is Your Coverage Right for Your Industry?
It is important to keep in mind that some business owners actually need another type of insurance. Your industry informs your needs. Companies that might experience complications with undelivered or late services, for example, often turn to professional liability coverage. This is also known as errors and omissions insurance (E&O). These types of policies are designed to protect your business against accusations of negligence, as well as certain mistakes or oversights that may occur during the course of work.
Both types of business insurance are meant to protect you against liabilities and limit the financial impacts of a potential claim, but they address very different risks. An insurance review can help ensure that you have the appropriate policy for your services and operations.
Additional Business Insurance Policies
Whether you are in the early stages of building your business and setting up your own office, or you need contractor requirements and a thorough policy review, we know how to have the conversations that will keep your process streamlined. After we identify your risk assessment, we can find the right policy options and explain the specific coverage details available to you:
Auto Insurance
Buy/Sell Agreements
Cyber Liability
Errors and Omissions (E&O)
General Liability
Professional Liability
Property Insurance
Workers Compensation
The corporate risks in today’s world can be varied and unexpected. The unique changes with cyber liability are encouraging many companies to reassess their insurance coverages for particular gaps. We can also help with your key person life insurance to make sure your company and loved ones will be able to recover from any major shifts or events. These are not always easy conversations to have, but they are the ones that matter most for keeping your business and bottom line protected.