As a professional, you are probably aware this is a litigious society. People are willing to sue anyone for anything, whether you feel it’s justified or not.
Protecting your business from the impact of potential customer lawsuits should be the first order of business. And while only a precisely crafted liability insurance policy can shield your business from this expense and stress, it’s usually the last thing business owners handle.
Business Liability insurance covers the costs of legal fees. 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 four types that you may fit your needs:
There are other risks that may be covered, including:
These lawsuits can come from anyone who has done business with you or worked for your firm, such as:
Lawsuits against professionals like accountants, attorneys, architects, doctors, etc., that tend to stem from the actual work they do.
Lawsuits against directors or officers which are aimed at something that an employee may have done that the officer or director had oversight for.
You need an insurance expert to make sure you are completely protected from the critical exposure of your company. Contact Pasadena Insurance Agency, Inc. to make sure you have the business liability protection that best fits your organization, whether it is for-profit or non-profit.