Business Liability

Business Liability Insurance Products

Business liability insurance products are a company’s first line of defense against potential lawsuits. Commercial and general liability insurance, employment practices liability insurance and professional liability insurance are all designed to reduce a company’s risk regarding legal claims.

General Liability Insurance

This form of insurance protects you from property damage and bodily injury claims that may occur on your property or in direct relation to the services your company provides. General liability insurance is a company’s best protection against lawsuits. Examples of situations which might require general liability protection include:

  • A client slipping or falling on your company’s premises.
  • An employee damaging something within a client’s home during a home visit.
  • A client’s property being damaged while in your company’s possession.

Employment Practices Liability Insurance

Employment practices liability insurance protects you from a variety of employee-related claims. In an increasingly litigious society, employment practices insurance is critical for a company’s protection. Employment claims may include:

  • Employment discrimination
  • Wrongful termination
  • Sexual harassment
  • Invasion of privacy
  • Breach of contract

Lawsuits in the above areas can be extremely financially and reputationally damaging to a company without insurance. So, protect your business with the right employment practices liability insurance.

Professional Liability Insurance

Also known as Errors & Omissions insurance, professional liability insurance protects business entities from mistakes they make while providing professional advice or services. Industries that require professional liability insurance include:

  • Consultants
  • Brokers
  • Lawyers
  • Architects
  • Accountants

Everyone makes mistakes from time to time, but without errors and omissions insurance, a professional may be responsible for the total amount of damages.

For more information about business insurance products, contact Pierce Insurance Group .