Our number one product is service; service specifically designed to reduce your losses and control your insurance costs. Our commitment is to provide clients with the best New York commercial general liability insurance value and service available, while maintaining the highest ethical standards and credibility with our clients, carriers, and the public. Many people who work in small business insurance say if you can only afford one type of insurance, you should get a general liability policy. It makes sense, because you don’t even need to have done anything wrong for someone to sue you these days. General Liability insurance for contractors is an essential part of your insurance program.
However, this coverage is very limited, and high-risk businesses should consider purchasing a separate pollution liability policy. Liquor liability, professional liability and other risks may also be excluded. An insurance professional can help you to determine endorsements that are right for your type of business. General liability insurance protects you against claims for third party bodily injury and property damage. If you rent property, your landlord will probably require you to have some general liability insurance, but anyone who deals with the public should also have it.
From providing POS systems to small tourist shops to data security and account management Matthew has provided business solutions to many individuals. Claims make your premium go up – so reduce your risks to avoid claims and keep your premium low. When you buy a policy, you can choose to pay your premium monthly or annually.
If you and your business provide services or advice to your clients, it is likely that you need professional liability insurance coverage. Also known as errors and omissions (E&O) insurance, this policy could protect you from the cost of damages and legal fees when someone claims your professional service caused financial harm to them or their business. Coverage includes both mistakes on the part of your business and the failure to perform a service . Professional liability insurance should be considered if your business provides professional advice, offers a professional service, or has contractual requirements for the coverage.
It is usually the first policy that any business purchases, but contractors often buy it when a contract requires it. Usually, if you are subcontracting for a General Contractor, they will require you to have General Liability insurance. While this is a great reason to have it, you really should have it the moment you go into business.
Keeping in mind that you have the right insurance protection so that you don’t lose all of that money made by a mistake or unforeseen event. If you live in New York state, you know that there are more people in the state than others. Because of the higher population, the risk of you having a claim as a business owner is higher than others. Are you a business owner in Skaneateles looking for General Liability Insurance?