When running a business, operating margins are one of the most critical factors that determine your financial performance. Although insurance is usually inexpensive, many business owners make the mistake of assuming that they can go without coverage in an effort to reduce costs. After all, insurance can seem like just another bill that reduces your …
Continue reading “The Dangers of Going Without Liability Insurance”
Professionals have advanced skills and knowledge that are lacking in non-professionals. However, their years of training do not guarantee that human errors will not happen. They are legally responsible for any harm that comes to their clients. It is recommended that all types of professionals consider getting professional liability coverage. Mental Health Professionals Mental health …
Continue reading “Who Needs Professional Liability Insurance?”
Liability insurance means what it implies. It is coverage when a person and/or business is legally liable for some action or activity. It also provides coverage when liability may or may not exist but some third party is asserting a claim. When consumers think about liability insurance, they normally consider it part and parcel of …
Continue reading “The Importance Of General Liability Insurance”
General Liability Insurance: This is an insurance policy for businesses who need to protect their assets against various legal claims. This type of policy is often bundled with property insurance in a business owner’s policy, or BOP. However, self-employed independent contractors will often obtain this policy separately from property insurance. This coverage will protect the …
