General
What Does Professional Liability Insurance Cover?
Some people endure a setback and immediately look for someone to blame. And if you’re a physician, attorney, accountant, real estate broker or anyone who served as a consultant to such a person, they’re likely to point the first finger at you, and perhaps even file a lawsuit against you. That’s where professional liability insurance…
Read MoreTypes of Insurance Available for Small Business Owners
Running a small business requires the business owner to take on a significant amount of jeopardy. It’s a risk/reward type of game wherein the business could either one day turn into Amazon or go down in flames like the Hindenburg. Because of this risk, it’s vital that a small business owner protects his or her…
Read MorePotential Small Business Risks
In some ways, owning a business is like being a parent. There’s the joy of training your employees to perform in ways that help your business flourish. But there’s a distinct downside, namely that opening any business is flooded with managing risk, specifically liability risks. In the same way that parents end up having to…
Read MoreGeneral Liability Insurance: How to Keep your Business Protected
For any business with multiple employees, there are countless scenarios that could result in an unhappy customer filing a lawsuit. Though the possibilities for lawsuits are endless, the lion’s share of those claims is likely to fall into one of two general categories: bodily injury or property damage. Thankfully, general liability insurance is a vast…
Read MoreChoosing a Business Insurance Provider: Everything You Need to Know
A huge part of being a small business owner means having to purchase insurance. Some types of business insurance are required by federal law. Others are so crucial to protecting the health and well-being of your employees—not to mention protecting yourself from potential liabilities—that they should be required. Choosing the right bundle of insurance plans…
Read MoreBusiness Insurance Plans – Do I Need One?
Would you rock climb without a harness? How about race a car without a seatbelt? Of course you wouldn’t! Those items protect you and allow you to perform risky maneuvers in relative safety. Without them, you’re vulnerable to serious injury, if not certain death. Similarly, you’d never operate a business without the proper insurance. There…
Read MoreBenefits of Professional Liability Insurance
If you’re in a service business, you work with customers on a constant basis. While you want to provide the very best possible service, guaranteeing it is an impossible feat; no matter how much you plan, there will inevitably be human errors, mistakes, or slip-ups that occur in the line of duty. While the vast…
Read MoreWhat Is the Average Cost of Errors and Omissions Insurance?
Errors and Omissions insurance—also known simply as an E&O policy—is a type of liability insurance instated to protect employees and employers against claims made by a client. These claims, pointed at a business for their inadequate or negligent services, are based on the fact that these errors cost the client money. Should a lawsuit occur,…
Read MoreWhat Is Cyber Liability Insurance?
Just a decade ago, cyber liability insurance was scant more than a niche market. The insurers that offered it either did so at an outrageous cost—while failing to cover much—or as inexpensive, sub-limited addendums to existing cyber policies. Now, though, the cyber insurance market has burgeoned and become an essential element to any business’ risk…
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