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All information contained on this website is deemed to be accurate. No warranties are
implied. Consultation with a licensed insurance agent is critical in evaluating and
selecting any and all policies, plans and coverage. Requesting information is a public
service and does not obligate a site visitor in any way. All selected plans and policies
are subject to final approval as provided by law.
Wow. Your business saved me
over $4,000 in one year on
General Liability and Commercial
Auto Insurance. Your business is
smaller than my previous agent's
company, but your service far
exceeds my expectations in
Types of Business Insurance
Insurance coverage is available for every conceivable risk your business might face. Cost and amount of coverage of policies vary
among insurers. You should discuss your specific business risks and the types of insurance available with your insurance agent or
broker. Your agency can advise you on the exact types of insurance you should consider purchasing.
General Liability Insurance
Business owners purchase General Liability Insurance to cover legal hassles due to accident, injuries and claims of negligence.
These policies protect against payments as the result of bodily injury, property damage, medical expenses, libel, slander the cost of
defending lawsuits, and settlement bonds or judgments required during an appeal procedure.
Product Liability Insurance
Companies that manufacture, wholesale, distribute, and retail a product may be liable for its safety. Product Liability Insurance
protects against financial loss as result of a defect product that cause injury or bodily harm. The amount of insurance you should
purchase depends on the products you sell or manufacture. A clothing store would have far less risk than a small appliance store, for
Professional Liability Insurance
Business owners providing services should consider having Professional Liability Insurance (also known as Errors and Omissions
Insurance). This type of Liability Insurance protects your business against malpractice, errors, negligence in provision of services to
your customers. Depending on your profession, you may be required by your state government to carry such a policy. For example,
physicians are required to purchase Malpractice Insurance as condition of practicing in certain states.
Home-Based Business Insurance
Contrary to popular belief, Home Owners Insurance policies do not generally cover home based business losses. Depending on risks
to your business, you may add riders to your Home Owners Policy to cover normal business risks such as property damage.
However, Home Owners Policies only go so far in covering home based businesses and you may need to purchase additional
policies to cover other risks, such as General and Professional Liability Insurance. Ask Gloria.
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