Ensure your security with Professionals Business Insurance today.
If your small business offers professional or creative services, provides advice or recommendations, or specializes in technical consulting, it is crucial to have adequate business insurance coverage.
Click on one of the below topics to unpack your Business Insurance:
Commercial General Liability (CGL) Insurance, commonly known as “slip-and-fall insurance,” provides essential coverage to safeguard your business against everyday risks. When a business is held liable, it is responsible for the harm suffered by someone not part of the business.CGL offers protection in the event of third-party bodily injury or property damage that occurs at your business premises. If an accident occurs and it is determined that your negligence played a role, you could have to pay a substantial settlement amount.
As a consultant, entrepreneurs from various industries depend on your expertise to enhance their offerings. Professional Liability Insurance, also called errors and omissions (E&O) insurance or malpractice insurance, protects individuals from accusations of misconduct, negligence, or failure to meet advertised service standards if a customer alleges that your professional advice or service was incorrect and they experience financial loss or damage. As a result, they have the potential to take legal action against you. The purpose of professional liability insurance is to provide coverage for your legal expenses and any financial judgments that the court may impose.
Commercial Property insurance safeguards the property and contents of your office and covers the expenses associated with replacing them in the event of a covered loss. Your office is a physical space and a representation of your professionalism and credibility. Therefore, ensuring that all the necessary job-specific items within your office are adequately protected is crucial. By securing these items, you can minimize downtime and quickly resume operations after experiencing a loss.
This coverage is essential if your business stores sensitive client information, bank records, or other vital information on its computer systems. As a business owner, it’s critical to be realistic about cybercrime risks. To protect yourself fully, you’ll want to talk to one of our advisors, who can help you assess your situation.
If you own a vehicle that you or your employees use for business purposes, such as attending meetings or visiting/driving clients, having commercial auto insurance can protect you. While a personal auto policy may not be sufficient in such cases, a commercial auto policy can help ensure that you are adequately covered in the event of a claim. Ask an advisor if you need to add business use permission to your vehicle today to prevent gaps in your coverage.
Every business, regardless of size, should have a Group Benefits plan. It benefits your employees to get coverage at a reduced cost compared to most personal plans. Help reduce financial stress if something happens to protect your employees and their family’s health.
Industry protection for consultants.
To safeguard their business, it is crucial for individuals or businesses offering professional services or advice to have commercial insurance. If a client deems your service or advice inadequate and experiences financial losses, they may pursue legal action. Our consultant insurance coverage extends to various industries, including accountants, home inspectors, IT consultants, lawyers, wedding planners, etc.
Insurance for non-profit organizations and charities.
Non-profit organizations and charities are well-known for their dedication to supporting significant causes. However, it is essential to recognize that these organizations are not immune to the potential of encountering claims or legal actions. Non-profits and charities can be vulnerable to similar risks as for-profit businesses, including third-party physical harm or property damage.
Insurance for beauty salons and spas is essential.
Whether you work as a stylist, barber, esthetician, or nail technician, you must have the right insurance coverage to safeguard against the risks you face. While you take great pride in your services, there is always the possibility of accidents or mistakes that could result in customer injuries. If a customer decides to file a lawsuit seeking compensation, the damage to your reputation and the financial burden could potentially end your business without proper spa insurance coverage.