If an unexpected accident takes place at your facility or office, or a lawsuit related to a product or service is filed against your business, the general liability insurance you have in place should cover your losses, including the legal costs involved in defending against it. A general business insurance policy should cover you against injury lawsuits, false or misleading advertising lawsuits, accusations of slander,...
BOP (business owners package) insurance can be the ideal way to protect a small business. The bottom line is that you want the maximum possible coverage at the lowest possible rate, and BOP insurance could be your best option. The Basics of Business Owners Package Insurance A BOP insurance policy covers all the major property and liability risks, and is typically the ideal insurance for...
Business owners package (BOP) insurance gives you several different insurance products rolled into one. Eligibility for this type of package can vary among providers. Purchasing BOP insurance can save your business money, as it is typically sold at a premium less than the total cost of individual coverages. What Does Business Owners Package Insurance Cover? BOP insurance can be individually-tailored to suit your business. Our...
If your business manufactures, distributes, sells, or repairs products, you may need product liability insurance in addition to your business insurance. In fact, business partners throughout your supply chain may require a certificate of liability insurance as proof of adequate product liability coverage. Why Is Product Liability Coverage So Important? If your business provides products to customers, you need product liability insurance because product liability...
A business owners policy (BOP) combines protection from all major business property and liability risks in one convenient package. Package policies are created for small and mid-sized businesses that face the same type and degree of risk. A policy that combines property and business liability insurance can cover your business for claims resulting from fire, theft, and other covered disasters, as well as for claims...
