Q. Do I Really Need This Much Liability Insurance?
A.
There is no way to determine the potential amount of liability loss. For this reason, higher limits are always recommended. Increasing limits does not cost much and will tremendously increase the value of your policy. Many business are required to furnish proof of liability insurance in the form of a certificate. Often those requesting the certificate require certain liability limits before acceptance.
Q. What Is Business Income Insurance And Do I Need It?
A.
Yes. Business income insurance is an essential coverage. Business income insurance is like a disability policy for your business. It pays the net income and continuing expenses for a specified period of time to keep your business afloat during the recovery process following a covered loss.
Q. Is There A comprehensive Insurance Policy For Business Owners With Many Coverage Needs And A Budget?
A.
Yes.Many businesses are eligible for a business owner's policy (BOP). A BOP combines many important features of commercial property, general liability and business income policies. The BOP does not cover everything is not available for everyone.
Q. What Is Hired And Non-owned Auto Liability Insurance?
A.
This coverage provides liability protection for bodily injuries or property damage that you or your employees cause while driving for work in vehicles your business does not own. This coverage is found most often on business auto policies, BOP's or as an added endorsement on a general liability policy.