Business insurance protects you and your business with coverage for claims related to allegations of negligent activities or failure to use reasonable care. When you buy insurance from us, you get exclusive access to the years of experience and expertise we have accumulated in the business insurance industry. You need business insurance specifically designed to address the risks associated with your type of business.
Directors & Officers
Coverage when a director or officer of a company commits a negligent act or omission, or misstatement or misleading statement, and a successful libel suit is brought against the company as a result. Usually a large deductible is required. The policy provides coverage for directors' and officers' liability exposure if they are sued as individuals. Coverage is also provided for the costs of defense such as legal fees and other court costs.
General Liability Insurance Coverage
We work with leading carriers to provide Commercial General Liability insurance and Workers Compensation insurance for your company. Contact us for infromation on our general liability insurance and property package policy that provides small business liability insurance as well as protection for your company's computers and other assets.
Product liability insurance protects the business from claims related to the manufacture or sale of products, food, medicines or other goods to the public. It covers the manufacturer's or seller's liability for losses or injuries to a buyer, user or bystander caused by a defect or malfunction of the product, and, in some instances, a defective design or a failure to warn. When it is part of a commercial general liability policy, the coverage is sometimes called products-completed operations insurance.
To understand the need for this coverage it is critical to understand the potential liability. Insurance Agency has in depth knowledge regarding the potential for products liability claims. We understand what you need and are here to guide you through protecting your company should any of these claims arise.
Professional Liability Insurance / E & O
Professional Liability insurance provides protection against claims that the policyholder becomes legally obligated to pay as a result of an error or omission in his professional work. Also known as Errors and Omissions insurance, this type of professional liability insurance is critical to your business. E&O insurance responds to claims of professional liability in the delivery of your technical services. Allow us to customize an errors and omissions insurance policy for you that is both affordable and effective.
Anyone who comes in contact with you or your employees can file a claim or lawsuit against you for many reasons, from funds needed for ongoing medical attention to unfulfilled promises stated in a business contract.
Business Liability insurance helps your business stand strong through challenging situations by covering the associated cost of legal defense and legal damages you are obligated to pay, up to the policy limits selected. Connect with one of our agents, who is an expert in working with business owners, and select from a wide range of options that fit your individual business insurance needs.
Commercial Liability insurance can help businesses mitigate potentially devastating lawsuits. Our coverage examples include:
- Premises and Operations
- Products and Completed Operations
- Cyber Liability and Data Breach
- Employment Practices Liability
When it comes to liability, it may affect you financially on a personal level. If you own a sole proprietorship or partnership and don't have Business Liability insurance coverage and your business income can't cover the entire cost of a claim or lawsuit, the rest of the funds might have to come from your personal assets. In some situations, corporation owners can also fall victim to personal liability. Therefore, it pays to have liability insurance that's right for your business.