Learn the Basics of Business Liability Insurance
Make sure you understand the basics of commercial liability insurance. That way, you can get the right insurance for your business needs.
Understanding Business Liability Insurance
Tailor Your Liability Insurance to Your Business With These Options
Customize your business liability policy with endorsements that fit your business.
Choose Nationwide as Your Business Liability Company
Learn why Nationwide is the right company to protect your small business.
Errors and Omissions Insurance
Mistakes happen. That’s where E&O insurance can help.
Off-Site Safety Checklist
Avoid off-site injuries by training employees in proper business liability off-site safety
measures.
measures.
Professional Liability Insurance
Professionals such as architects, church advisors and health-care workers can benefit from this coverage.
Liability Insurance Terms
Knowing these insurance terms can help you make an informed choice about your business liability policy.
Questions Your Agent May Ask
Learn what your insurance provider needs to know about your business.
What General Liability Insurance Protects
Make sure you have the right coverage for your business by understanding what liability does and does not cover.
Property Liability: Separating Fact From Fiction
Take a closer look at commercial liability, business property damage and a business owners policy.
About Property Liability Insurance
GET A QUOTE Get a Quote Online
Or by phone: 1-888-490-1549 FIND AN AGENT
Or by phone: 1-888-490-1549 FIND AN AGENT
Business Property Damage and Liability Insurance: Separating Fact From Fiction
Small and medium businesses can start with a basic business owners policy, which includes some property insurance and liability coverage. Depending on the type of business you own, you may need additional protection. Here is a closer look at property and liability insurance.
Commercial liability insurance
A business liability insurance policy pays for covered losses arising from real or alleged injury (that results in a lawsuit filed against your company), up to the limits of your policy. It may cover bodily injury occurring on your business premises or arising from your operations. This may include someone falling and breaking an arm or an appliance installation worker damaging a family heirloom.Your policy can also protect you against libel, copyright infringement or wrongful eviction. For anyone owning a business, commercial general liability insurance is something you cannot do without.
Business property damage insurance
Property damage insurance protects your business against losses when property is damaged or destroyed. Property is considered to be any item that has value. It is classified as real property, such a building, or personal property, such as a computer.Basic property insurance policies typically cover explosions, fire, lightning, windstorm, hail, smoke, aircraft or vehicle damage, vandalism, sprinkler leakage and sinkhole collapse. Additional coverage can be added for water damage; damage from the weight of snow, ice or sleet; breakage of glass; and falling objects.
Business owners policy
Sometimes known as a BOP, this policy combines standard levels of property, liability and other types of coverage (known as endorsements), which can be added to customize the policy and meet the specific needs of a business. A business owners policy is usually recommended for businesses with fewer than 100 employees and under $5 million in sales.Lewis Insurance
2525 S. Lamar Ste 11
Austin, TX
78704
No comments:
Post a Comment