Is there insurance to cover breaking something of my customer’s?

By | Business Insurance, Business Liability

Question 68 in 100 Insurance Questions in 100 Days Video Series! With something called Voluntary Property Damage protection, you would have insurance for the accidental breakage or destruction of a client’s property. However, this is not always a given in the policy and when it is, the limits can be lower than you might like. Watch this video to learn more!

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How does Fire Legal work?

By | Business Insurance, Business Liability

Question 57 in 100 Insurance Questions in 100 Days Video Series. As a business when you rent space, you are liable for what damage occurs within it. However, the portion of your policy that covers general liability excludes damage done to your specific space. The fire legal section of your policy is what covers your liability to the building owner. Without it, or without enough, you’d be on your own for the cost of damages to your space. Watch this brief explanation for more.

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Should a business owner carry sexual harassment insurance?

By | Business Insurance, Business Liability

Question 30 in 100 Insurance Questions in 100 Days Video Series. As a business owner, you are subjected to all of the missteps of not just yourself, but your employees and anyone else who set’s foot on your property. Employment Practices Liability Insurance (E.P.L.I.) is a category of coverage you want to rank at the top when putting together your insurance portfolio. See the video learn how this important coverage can shield your New York business from lawsuits stemming from sexual harassment, wrongful termination, failure to promote, breach of employment contract, and more.

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Are General Liability and Professional Liability the same thing?

By | Business Insurance, Business Liability

Question #8 in 100 Insurance Questions in 100 days! The primary reason for professional liability coverage is that a typical general liability insurance policy will only respond to a bodily injury, property damage, personal injury or advertising injury claim. Other forms of insurance cover employer’s, public and product liability. But various professional services and products can give rise to legal claims without causing any of the specific types of harm covered by such policies. Common claims that professional liability insurance covers are negligence, misrepresentation, violation of good faith and fair dealing, and inaccurate advice.

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