General Liability Insurance

As a business owner, you may be held liable for damages or losses experienced by customers, visitors to your property or other drivers. Lawsuits stemming from accidents, employee errors and other events can put a major strain on your bottom line, or put you out of business altogether. Fortunately, you can protect your business against law suits and other expenses by adding a general liability insurance policy to your coverage plan.

General Liability insurance may be a licensing requirement for Contractors, though Risk Strategies recommends that all businesses have general liability coverage in place. Request a quote or call us at 425-949-7285.

Additional Liability Coverage
Take a look at the list below for additional liability coverages that you may want to consider.

PROFESSIONAL LIABILITY INSURANCE (ERRORS & OMISSIONS)

Errors & Omissions (E&O) covers professionals for negligence and errors or omissions that injure their clients or cause damage to a third party’s data. This type of insurance is particularly important to licensed professionals such as accountants, attorneys, insurance agents, architects, engineers and technology companies. Risk Strategies recommends that all professional and technology companies have E&O coverage.

EMPLOYMENT PRACTICES LIABILITY INSURANCE (EPLI)

Employment Practices Liability Insurance for employers covers employment-related liabilities other than on-the-job injuries. This can include legal fees and damages for suits such as wrongful termination, discrimination, sexual harassment, and other alleged violations of employees’ legal rights. If you have employees, Risk Strategies recommends considering this type of coverage.

DIRECTORS AND OFFICERS INSURANCE (D&O)

D&O covers directors and officers of a company for negligent acts or omissions and for misleading statements that result in lawsuits against the company. There is a variety of Directors and Officers coverage available such as corporate reimbursement coverage, personal liability, and entity coverage. D&O policies may be broadened to include coverage for employment practices liability as well.
To find out more about these, as well as other products and services, call Risk Strategies at 425-949-7285 and we’ll help make sure you’re properly covered.