In the event that an employee makes a claim against your client alleging discrimination, wrongful termination or harassment, employment practices liability (EPL) insurance can cover the costs of legal defense and liability damages. Even in groundless cases, legal defense costs can soar to $10,000 or more. With one-half of all
Personal auto insurance policies don’t protect business vehicle use. In fact, personal policies will not only likely deny coverage for work-related accidents; they may even cancel a customer’s policy for using their personal vehicle for work without the proper commercial vehicle insurance. According to a 2013 report from the U.S.
Trust is invaluable in the relationship between an insurer and their customer. Building that trust can be a long process, infused with learning about the customer’s needs and researching solutions that match those specific needs. Once that trust is established, though, it forms the backbone of an often long and
The construction of a new building is exciting, for business owners and builders alike. However the risks that go along with new construction projects are rarely covered by standard property insurance, which typically goes into affect upon completion or occupancy. A builder’s risk policy can protect businesses from losses that
No one can be an expert in everything. But occasionally, appearing as if you have all the answers can be a leg up in winning new business. In those cases, it helps to have trusted resources at hand to get answers, find out what the important questions are, and sound
Cyber insurance is quickly becoming a necessity in the modern business marketplace. Unfortunately, headlines continue to show us that any company that has employees or customers – of any size or type – could be at risk of a data security breach. One quarter of organizations have suffered a data
Business interruption insurance is most commonly associated with disastrous events such as fire or natural disaster. This policy provision in excess of standard property insurance covers the loss of income that a business suffers after incurring damage from such an event. The less common (yet still as relevant) application for