As a business owner, every transaction you complete can result in either a profit, or a risk.
Protecting your business from the impact of potential customer lawsuits should be the first order of business. And while only a precisely crafted Business 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 insurance 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:
There 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.
Worried about the cost?
Nesika Insurance Services Inc. 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 flow
Coverage of temporary staff, full-time employees, and independent contractors
Past work covering unforeseen claims arising from work completed before you were even insured, to a pre-agreed date
Worldwide coverage as long as the claim is filed in the U.S., one of its territories or Canada
Claims responsiveness when time is of the essence, especially in the event of an insurance claim
Tailored coverage for the specific risks of your field and industry
Knowledgeable agents who provide exceptional, passionate service
Coverage for contracts satisfying most standard contract insurance requirements
Fast and simple online quotes, or helpful agents, immediate coverage