General liability insurance is a commercial policy that provides coverage against liability claims resulting from: Bodily injury Property damage Personal liabilities like defamation, wrongful detention, and copyright infringement Advertising liabilities If a customer is injured on your premises, the policy can pay for their medical costs. It can also cover compensation for property damages, legal settlements, and defense fees. Cost
Different types of event risks have proven that commercial insurance is vital for business success, whether you’re an SMB or a large corporation. However, the types of policies required can vary by many factors, including your specialty and industry-specific risks. This is why it’s important to evaluate your insurance coverage needs with the help of an expert, such as your
All businesses, whether large or small, are bound to experience certain mishaps. It is advisable to get commercial insurance policies that will protect your business income and operations in the event of such unfortunate accidents. However, handling insurance claims can be a complicated process, which is why it is important to work with an experienced insurance agent who will help
Internet defamation can happen in various digital forms, such as a blog article, a social media comment or post, or an online news report. It can hurt your company’s revenue or reputation among your customers and other stakeholders. If an individual or organization has defamed you online, you’ll want to move quickly to control damage and preserve your image. Here’s
If you’re a business owner looking to secure your business from unforeseen events, it does not matter if you own the building where you do business, or you have rented the commercial property; insurance is a necessity. Commercial property insurance can protect your business from natural disasters such as fire, lightning, and flood. It also covers your property from vandalism,
Understanding commercial building insurance needs is crucial for a start-up, as every business insurance policy must be customized. Most commercial leases mandate that either the landlord or the tenant of a commercial property carry appropriate insurance coverage. Some complexes require both parties to carry insurance. Here’s a simplified look at the complexities and nuances of commercial building insurance. Types of
Business insurance plays an indispensable role in the world economy by protecting companies from different forms of financial loss and damages. It assumes the risks that come with the production and delivery of goods and services, shielding enterprises from failure. Why is it important to insure your business and what are the common types of commercial insurance in North Carolina?
Commercial insurance provides an important safety net that ensures the survival of your business, especially in critical times. Over time, your business is likely to evolve and change due to one reason or another. When this happens, you should review your commercial insurance coverage to ensure its adequacy. Keeping this in mind, here are four specific situations that would require