Professional liability insurance protects you when you do one thing you shouldn’t have, or didn’t do something you need to have. Sometimes known as errors and omissions (E&O) protection, skilled legal responsibility insurance protects in opposition to claims that you just caused harm or injury during the course of performing your work. It also protects you in opposition to mistakes made by your staff or by subcontractors whom you rent.
They additionally provide specialty business insurance merchandise like Employment Practices legal responsibility insurance to guard your business from being sued by a disgruntled worker. They may not be able to supply a bespoke coverage that some specialty business insurers can provide, but they can present the policies that small businesses need. These embrace commercial general liability insurance and commercial auto protection.
Property insurance pays for the physical damage to business premises during such events. For small firms, a business interruption … Read More