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Business Liability Insurance is typically sold as "General Liability" insurance to businesses in order to provide coverage for the day to day operations of the business. Depending upon the kind of business it is, there are different categories of liability insurance for businesses. For instance if a business manufactures, then Product Liability Insurance is necessary to cover claims against the business arising from the use of their products. If the business is a service business (i.e. Carpet Cleaning, Sales, Contracting or sub-contracting etc., etc.), usually a General Liability policy is sufficient. One thing to note with business liability insurance is the amount of coverage purchased. There are policy limits per incident as well as aggregate (combined) limits. The key issue is in purchasing enough insurance to cover any contingency without purchasing too much because the insurance company will only cover costs up to the limit of coverage. For special insurance needs, a piggy-back policy for business is often used. This type of business insurance is called an 'Umbrella Policy'. It is a policy that rides on top of an existing policy that offers specific coverages in excess of the original policy.

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โˆ™ 2007-06-02 00:38:10
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Q: What is business liability insurance?
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Business Liability Insurance ?

form_title=Business Liability Insurance form_header=Protect your business with the right business liability insurance for your needs. What is the annual revenue of your company?=_ Does your company currently have insurance coverage?= () Yes () No What type of business liability insurance do you need? (Check all that apply)= [] General Liability [] Workers Compensation [] Business Owners Policy (BOP) [] Property [] Professional Liability [] Business Travel [] Business Automobile


Small Business Insurance?

form_title=Small Business Insurance form_header=Small business insurance is necessary to protect your company. An insurance professional can help you identify the potential risks associated with your company and customize your policy to meet those needs. Type of insurance needed:= {(),Business Owners Policy,Business Auto Insurance,Business Property Insurance,Business Liability Insurance,Home Business Insurance,Workers' Compensation,Business Umbrella Liability,Professional Liability Insurance,Directors and Officers Liability,Business Identity Theft,Group Health Insurance,Business Life Insurance,Key Person Life Insurance,Agricultural Insurance,Product Liability Insurance,Personal Insurance,Not Sure} Number of Full Time Employees=_ Years In Business=_


Where can a business owner purchase business liability?

A Business Owner can purchase Business Liability online at the website of Hiscox. You can go to their website and also get an online quote. You can also purchase Business Liability Insurance online at Geico. They have four Business Insurance options including Professional Liability Insurance.


LLC Liability Insurance?

form_title=LLC Liability Insurance form_header=Even as a limited liability company, it's important to have protection from personal liability. Have an insurance professional create a personalized quote based on your business risks. Type of Insurance Needed:= [] General Liability Insurance [] Property Liability Insurance [] Professional Liability Insurance [] Directors and Officers Liability Insurance [] Product Liability Insurance [] Other [] Not Sure Years In Business:=_ How many total people work in your business (including yourself, owners, officers, employees, contractors, etc)?=_


Commercial Insurance?

form_title=Commercial Insurance form_header=Manage your risk with a commercial insurance policy tailored to fit your specific business needs. Number of Full Time Employees:=_ Currently Insured:= () Yes () No Years In Business:=_ Type of Insurance Needed (Check all that apply):= [] Business Owners Policy [] Commercial Auto Insurance [] Business Property Insurance [] Business Liability Insurance [] Home Business Insurance [] Workers' Compensation [] Business Umbrella Liability [] Professional Liability Insurance [] Directors and Officers Liability [] Business Identity Theft [] Group Health Insurance [] Business Life Insurance [] Key Person Life Insurance [] Agricultural Insurance [] Product Liability Insurance [] Personal Insurance [] Not Sure [] Other


Is A property or liability insurance policy a business or liability contract?

A property is not a contract or a business. A liability insurance policy is a kind of contract but not a business. the answer is b...


What are reasons that one would need to purchase business liability insurance?

Business liability insurance protects a company's assets from a lawsuit. If a business is high risk or doesn't have enough capital to cover a lawsuit, they should have business liability insurance.


What companies provide business liability insurance?

Nationwide does offer general liability insurance as well as business liability insurance. Geico and many other insurance companies also offer liability insurance, it just might take a bit of sifting through to make sure they have what is needed.


Does every business owner have to have commercial general liability?

It is a good idea to consider purchasing general liability insurance for your business. General liability insurance can protect your business and give you peace of mind.


Liability Insurance?

form_title=Liability Insurance form_header=Ensure that your assets are properly protected from any lawsuits that may be brought against your company. Liability insurance can safeguard against several known and unknown risks. Type of liability insurance needed?= {(),Business Liability Insurance,Property Liability Insurance,Commercial Liability Insurance,Professional Liability Insurance,Directors and Officers Liability Insurance,Product Liability Insurance,Other,Not Sure} Have you ever had liability insurance before?= () Yes () No Business Type:=_ Years in business:= {(),0,1,2,3,4,5,6,7,8,9,10,11,12,13,14,15,16,17,18,19,20,21,22,23,24,25,26,27,28,29,30,31,32,33,34,35,36,37,38,39,40,41,42,43,44,45,46,47,48,49,50,More}


Do I have to have liability insurance if I open a small construction business?

Yes, you are required to have liability insurance if you wish to open, and have licensed, a small construction business.


Purchase General Liability Insurance?

form_title=Purchase General Liability Insurance form_header=Protect yourself and your business from accidents with general liability insurance. Describe the business and/or property needing insurance:=_ Have you had this product in the past?= () Yes () No How soon do you need this product?=_


What does a business insurance agency do?

Business insurance agencies typically sell insurance policies to commercial businesses. They sell property and liability policies, employee coverage and product liability.


Do you have to have a business name to take out general liability ins?

A business name is not required to obtain general liability insurance for your business. It is recommended that you incorporate your business to limit your liability.


Where can one purchase liability insurance for business online?

You can purchase liability insurance for online business at most insurance companies. Some of the companies that offer this are State Farm, Geico, and Allstate.


Where online can one find information about small business liability?

You can get information about small business liability insurance from almost any insurance company, even the ones that advertise for auto insurance. The Nationwide company has liability insurance for businesses. Information can be found on the official website.


You are starting a residential cleaning business Should you get general liability insurance or professional liability insurance?

You need a commercial general liability policy.


How do I get general liability insurance?

Compare general liability insurance quotes from multiple providers. Learn about liability insurance in our free buyers' guides to business insurance.Hiscox specializes in general liability insurance for businesses with 10 employees or less.


Where can someone learn about business liability insurance?

Any insurance agent or website can provide information about business liability insurance, but it may be best to check with the Small Business Association (SBA) or an attorney to learn the most advisable coverage for a specific business or business type.


What exactly does liability insurance cover Is it worth paying for this if I'm starting a company?

It would definitely be worth getting liability insurance for your new business. It is in place to protect businesses from being sued by a third party due to negligence. Having liability insurance is a must for any business. Liability insurance, or business insurance, protects your company against lawsuits that claim you failed to use reasonable care.


What has the author F N Eaglestone written?

F. N. Eaglestone has written: 'Insurance for the construction industry' -- subject(s): Business Insurance, Construction industry, Contractors, Insurance, Insurance requirements, Insurance, Business, Insurance, Liability, Liability Insurance


What types of liability insurance are available?

It depends on whether you are talking about a liability insurance for cars. There are various insurance available to car owners and renters. There is also business liability insurance (doctor, lawyer, accountant, etc.).


Malpractice Insurance?

form_title=Malpractice Insurance form_header=Looking for affordable malpractice insurance to protect your medical career? Get the coverage you need to protect your career from unexpected claims. Malpractice insurance needed:= () Individual Malpractice Liability Insurance () Business Malpractice Liability Insurance If you chose Business Malpractice Liability Insurance, how many employees need insured?=_ What is your professional trade?=_ Have you ever had a malpractice claim against you or your business? = () Yes () No


What is offered by Midland Insurance?

Midland Insurance are a UK company offering a wide range of personal and business insurance. These include: public liability insurance, motor insurance and scaffolders liability insurance.


Where can one get information on General Business Liability Insurance?

One can find information on general business liability insurance by calling local insurance as agents and asking for that information. You also could look through engines.