14140 Magnolia Boulevard,
Every business needs a strong foundation to succeed. Part of that foundation is protecting your business from liability losses. A business liability policy is an essential part of your insurance portfolio, regardless of your business industry.
Short answer – a potential legal headache! Long answer – claims including bodily injury, property damage, personal injury and others that can arise from your business. It also covers the associated cost of legal defense and legal damages you are obligated to pay, up to the policy limits selected, if you do find yourself having that headache. Imagine the peace of mind you’d have knowing that in the event of a claim, your assets are safe.
Liability insurance is appropriate for any business that could face potential lawsuits. There are three types that you may fit your needs:
Yes. As a small business owner, you may be held legally responsible if another person gets hurt or if their property is damaged while at your business or because of something you did. It's important to make sure your business is properly protected against risks with a business liability policy.
You should consider getting a business liability policy if any of the below apply to your business:
The cost of business liability insurance is based on your specific business needs. Your business is unique, and so are the risks. Factors that influence the cost include:
But remember, paying for a liability claim on your own can be very expensive without having a business liability policy. Without general liability insurance, you would have to pay for a pricey claim or lawsuit all on your own.
While most insurance products are similar in price and function, insurance providers vary when it comes to structuring a policy tailored to you.
After all, there’s no such thing as a one-size-fits-all insurance policy when it comes to your business.
Contact us today, and we'll help you protect what matters most.