Tag: General Liability Insurance

16
Nov

What to Know About General Liability Insurance for Contractors

Every contractor needs various types of insurance to protect their business, as it involves multiple high risks. Without the right insurance in place, it’s possible to face huge lawsuits that drain all company assets. Here’s a look at the importance of general liability insurance for contractor enterprises. What Does General Liability for Contractors Cover? Any business can face harmful accidents,

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28
Sep

Important Insights on General Liability Insurance for Contractors

Mostly, independent contractors don’t rush to buy general liability insurance, as their business is small or they don’t work regularly. Whether your business is small or big, things can go wrong. For example, your employee may sustain an injury or cause damage to someone’s property, or your business could be sued for advertising injuries. In such circumstances, you have to

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7
Sep

How Some Businesses May Not Be Eligible For A Business Owners Policy

Business owners rely on their insurance policies to protect them during difficult moments. Commercial insurance is unique because you can find a custom policy that aligns with your business’s needs. You’ve likely compared multiple packages alongside your agent. One of the options you may be familiar with is a Business Owners Policy. A BOP is an attractive option for many

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24
Aug

Workers’ Compensation Vs. General Liability Insurance

Workers’ compensation and general liability insurance both provide coverage when someone is injured at your business. A typical business should have both coverages. These business insurance policies help protect your business from different types of liability. General liability insurance protects your business from the damages it may cause, while workers’ compensation protects your employees from injuries or illnesses sustained on

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29
Jun

Key Differences Between General Liability Insurance and Business Owners Policies

Business owners have to juggle multiple responsibilities while operating their business. Every business is exposed to risks depending on the industry that they are involved in. Luckily, there are multiple insurance options for you to consider that allow you to protect your business during emergencies. Here’s a look at some of the differences between general liability insurance and BOP. What

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11
May

General Liability Insurance for an LLC – What You Need to Know

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

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27
Apr

How to Find the Right Business Insurance in NC?

As a business owner, you have to make several significant decisions. The entire process can be overwhelming. Finding the right insurance policy can help alleviate a lot of stress. Here’s a guide to help you find the right business insurance in NC. Types of Business Insurance General liability insurance- is legally mandatory for you to operate your business. General liability

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7
Oct

How Deductibles Affect Commercial General Liability Insurance

Deductibles are the part of insurance that people often forget about until they file a claim. Some people confuse a “low deductible” with a lower monthly premium, which is not the case. Here are important points to know about deductibles and how they affect general liability insurance in North Carolina: What Is a Deductible? The deductible is the amount you

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22
Sep

How Deductibles Work in Relation to General Liability Insurance

Deductibles are the amount of money you have to pay out of pocket every time you file a claim. Once your deductible is met, your insurance coverage takes over. Deductibles are viewed as a way for insurers to share risks with their customers. Deductibles can help keep your insurance costs affordable while reducing the number of small claims that insurance

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26
Nov

Reasons Why Your Business Needs General Liability Insurance in NC

Similar to virtually every other business, your business operations may, at some point, cause injuries and property damage to third parties, including, among others, clients, suppliers, landlords, and pedestrians. In 2015 alone, about 35,200 people, most of whom were pedestrians and bicyclists, lost their lives in car crashes involving fleet vehicles, as reported by the National Highway Traffic Safety Administration

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