Liability insurance protects businesses against claims for bodily injury and property damage, as well as legal costs arising from lawsuits. Insurance companies assess a business’s risks and offer liability policies with various limits. Most insurers provide both occurrence and claims-made policies; with the latter typically having higher premiums but being easier to understand and administer. …

Contracts play an integral part in businesses across industries. Clients frequently include specific insurance requirements in their contracts. One requirement may include signing an “indemnity agreement”, however this may clash with a CGL policy’s contractual liability exclusion clause. To meet this need, an endorsement can be added to the policy to resolve this situation. Coverage …

Many small businesses require general liability coverage in order to guard against claims related to bodily injury, property damage and reputational harm. Professional liability policies provide additional coverage against errors or omissions related to services provided or advice given. Both types of policies help mitigate the consequences of lawsuits, yet each offer unique protections. Read …

Professional liability coverage, commonly referred to as E&O coverage, provides essential financial protection against allegations of negligence or mistakes in your work. It is especially crucial for legal firms, doctors’ practices, hair salons, consultants and technology companies. General liability protects against claims related to bodily injury or property damage caused by your business activities; that …

No business needs a single form of liability coverage for their operations; therefore there are various types of small business insurance policies to meet all individual business needs. General liability, product liability and errors and omissions coverages are three of the most sought-after types of small business insurance policies, offering protection from common third-party litigation …

Liability insurance provides businesses of all kinds – from beauty salons and photographers to marketing agencies and IT firms – an essential layer of protection against lawsuits arising from accidental injury or property damage claims. From beauty salons and photographers to marketing agencies and IT firms, most industries face this threat. Auto and BOP policies …

Introduction to Liability Insurance Liability insurance is a fundamental safeguard for individuals and businesses, serving as a financial safety net in cases where legal responsibility for injury, property damage, or other liabilities falls on the insured. This type of insurance not only protects businesses from potentially debilitating expenses but also ensures that affected parties receive …

Professional liability insurance, often known as errors and omissions (E&O) insurance, is a necessary safeguard for consultants across industries. Whether you’re a management consultant, IT advisor, or freelance expert, this type of insurance protects you against claims of negligence, mistakes, or failures to deliver promised services. These claims can have devastating effects on your consulting …

Introduction to General Liability Insurance General liability insurance is a necessity for any small business owner. It’s a safeguard against unforeseen incidents that could threaten the financial health of a business. From accidental injuries to property damage claims, this type of insurance plays a critical role in protecting businesses from costly lawsuits. Without it, even …

Introduction to Liability Insurance Liability insurance is a safety net that shields individuals and businesses from financial burdens resulting from accidents, damages, or legal claims. Whether you’re a business owner, a homeowner, or someone providing professional advice, liability insurance is your line of defense against unforeseen situations where you’re held responsible for damages to others. …