Business Liability Insurance As a business owner, every transaction you complete can result in either a profit, or risks.Protecting your business from the impact of potential customer lawsuits should be the first order of business. And while only a precisely crafted liability insurance policy can shield your business from this expense and stress, it’s usually the last thing business owners handle. What does business liability cover? Liability insurance covers the costs of legal fees, including court costs and the resulting award, if any is made. Imagine the peace of mind you’d have being free from worry about the attorney costs as the liability case grinds on—and if you’ve got something to take, the plaintiff’s attorneys will often make sure it does.Liability insurance is appropriate for any business that could face potential lawsuits. There are four distinct types that you may need, depending on your business, and your tolerance for risk of financial loss:Personal LiabilityBusiness LiabilityProfessional LiabilityPublic LiabilityThere are other risk that may be covered, including:Bodily injury should a client trip and fall over your briefcase, or lose footing on a slippery floor, and you’re found legally liable for their injury.Property damage and data loss should you accidentally spill coffee on a client’s server that causes data loss, or a tree falls on their car in your parking lot.Personal injury should an employee talk to a fellow employee of the shop about one of your clients in a false and unflattering way. The client learns of this discussion and sues for slander. We will cover the subsequent claim, up to your General Liability policy’s limits of liability, and pay for an attorney to defend you if necessary. What General Liability Insurance doesn’t protect General liability insurance is not designed to protect you from everything, to help keep costs down. For example, general liability does not cover you against claims of negligence, even if it isn’t you or your business’ fault. This is because not every business needs that variety of protection, so to make it part of the policy would over insure lots of businesses, and make the coverage needlessly expensive.You should consider general liability insurance coverage, also called commercial general liability insurance, if either you or your employees:Interact with clients face to face. If you make sales calls or visit clients at their place of business, their home, or they visit your locationHave access to equipment that’s not yours. Business liability is ideal for IT professionals, electricians, other repair or technical services.Represent your client’s business to other companies.Use third-party locations for any business related activities. Business liability can cover architects, designers, wedding planners, etc.If you are required to maintain general liability insurance as part of a contract. Worried about the cost? Our firm specializes in covering professional services, and local businesses like yours. We have everything you need right here, including:Monthly payment options to help spread out your payments so you can better manage your cash flowCoverage of temporary staff, full-time employees, and independent contractorsPast work covering unforeseen claims arising from work completed before you were even insured, to a pre-agreed dateWorldwide coverage as long as the claim is filed in the U.S., one of its territories or CanadaClaims responsiveness when time is of the essence, especially in the event of an insurance claimTailored coverage for the specific risks of your field and industryKnowledgeable agents who provide exceptional, passionate serviceCoverage for contracts satisfying most standard contract insurance requirementsFast and simple online quotes, or helpful agents, immediate coverage Business owners insurance is built to protect your unique business.Get property and liability coverage with business owners insurance.Why do you need business owners insurance?Because your business faces the unexpected on a daily basis, there are always risks involved. Whether it’s the risk of damage or loss to your property or customers, you can help protect your business from the unexpected with an insurance policy. With the coverage and convenience of business owners insurance, you may be able to minimize property and liability risks so you can focus on the future of your business.Two coverages in one policy for your business.A business owners insurance policy, or BOP, combines business property and business liability insurance into one convenient policy. Your business faces a variety of risks unique to your industry, but there are certain coverages that businesses need regardless of their size or business type. Having a BOP helps you safeguard your business by helping to protect what you’ve built.Protect the property of your business.The first type of coverage in a BOP is property insurance. Property insurance may cover risks associated with your premises, equipment, and vehicles. In addition, it may often include any associated loss of business. This is essential coverage because it may help protect your business, assets, and income. For instance, here are a few of the coverages to consider in your business owners insurance policy:Accidental DamageFireFloodLoss of IncomeProperty Loss/DamageTheftGet liability coverage for your business.The second type of coverage in a BOP is business liability insurance. Business liability insurance may cover personal injuries to people you deal with and damages to their property. However, it’s important to note that liability insurance usually doesn’t cover risks related to professional services—meaning damages that result from you giving clients inaccurate advice, for instance. The liability coverage included in your business owners insurance policy is important, especially if:You meet your clients at your business or theirs.You have physical access to your clients’ equipment.There is a risk of injury to people or damage to their property.Insurance coverage for your specific business.Getting a business owners insurance policy means covering these risks in a single policy, which may significantly reduce stress and help bring you peace of mind. Policies are typically tailored to help cover your specific needs, and pricing varies depending on your business. However, it’s usually cheaper than buying separate policies for both commercial property and liability coverage.Understanding your unique business needs.Finding a business owners policy that works for your specific business is important so you can help protect your business, income, and assets. With this protection, you can worry less about the risks involved in your business day-to-day, and put more of a focus on the future of your business.If you run a business, consider the benefits of a business owners insurance policy. Contact us to go over your business needs and coverage options. Why We're Different You may think you want the cheapest insurance you can find, but realize you may not be getting everything you bargained for…While most insurance products are similar in price and function, insurance providers are very different when it comes to structuring a policy that actually covers you.There’s no such thing as a one-size-fits-all insurance policy when it comes to your business.We’re your neighbors. We protect businesses and people we know and care about, and that means we always look for ways to protect you better, including carefully choosing the insurance companies we represent to be both affordable and responsive.Contact us and let the professionals at our company help you forge the strongest shield possible to help you protect the things you are working hard to build. Contact Us Name Email Address Phone Additional Info Thank you! Oops!