General Liability Insurance in Oakhurst, CA

 
Business Meeting, Oakhurst CA
 
Does your business have enough liability coverage? If you are relying on the liability coverage provided through a Business Owner's Policy (BOP), then chances are you do not have enough. Although a BOP does provide liability coverage for businesses, it is often at a small limit and not enough to cover costs due to claims and lawsuits. Does your business qualify for general liability coverage?
 
 
 
It is important to know which market your business falls into before you shop for liability insurance. Those businesses that fall into the “excess surplus market” (i.e., “dangerous” occupations such as roofers, electricians, etc.) have to purchase excess liability insurance. If your business falls into the “standard market” (i.e., technology companies, lawyers, etc.) then you qualify for general liability insurance. General liability insurance protects your business from a variety of things. Typically, your insurance agent can create a customized policy for you to include different types and amounts of coverage.
 
 
The following coverage is often included in a general liability line:
  • Business Personal Property (BPP)
Protection of your business' property from:
  • Fire
  • Theft
  • Vandalism
Claims due to:
  • Bodily injury
  • Property Damage
  • Terrorism Coverage and more...
 
For all intents and purposes, you simply can't do business without a General Liability policy in place. Without this vital coverage, your small or medium-sized business would be liable for any damage or injuries stemming from a product or service your company provided. This means you could be liable for injuries resulting from slips and falls, construction defects, faulty packaging, broken seals, spoiled goods, misleading advertising, slips, accidents, or freshly mopped floors. When you consider any one of these contingencies could result in a multi-million dollar lawsuit, you can begin to see how vital General Liability Insurance is. General Liability insurance protects a business from many liability issues, but business owners should also consider adding specialized liability coverage like errors & omissions insurance.

 

Excess Liability Insurance in Oakhurst, CA

 
 
Owning a business is difficult task. As a business owner, you worry for the future of your company in a time when many businesses are going under. In addition to making sure the company is growing, you must also plan for mistakes or accidents that could potentially devastate your business. Small businesses sometimes need big-business solutions. One key big-business insurance solution is Excess Liability coverage.
While many companies – large and small – opt for Umbrella Insurance to protect against exorbitant legal costs or litigation fees, few bother with Excess Liability coverage. This tends to be the case with Umbrella policies entailing six-figure coverage.
 
 
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Business owners simply fail to factor in incredible circumstances. Excess Liability protects against claims that exceed other protection limits. Your insurance policies are essential for your business's survival. They offer your company a blanket of security with so many risks and dangers working toward bringing it down. But unfortunately, many of these coverage options will only you cover your business to a certain extent. It is possible to exhaust the coverage of an Umbrella policy, in which case the burden of payment falls squarely on your business's shoulders. Excess Liability insurance will cover your business from catastrophic issues that threaten its security.

Learn more about Excess Liability coverage – how it works, how much it can pay, and how soon you can secure it – by speaking with any of our agents today.

Professional Liability Insurance in Oakhurst, CA

Professional liability insurance is a specialty coverage. Professional liability coverage is not provided under homeowners endorsements, in-home business policies or business-owners policies (BOPs). Don't let incorrect advice or opinions turn into large lawsuits. Protect your business. Contact New Horizon Insurance Services for a free quote and an evaluation of your businesses needs.