Employment practices liability insurance provides protection against the risks associated with hiring, firing, and employing workers and staff.
FAQ_category: Business Owner's Policy (BOP)
Liquor liability coverage provides protections when serving alcohol. If you serve liquor on your premises as part of your business, you need this coverage. Imagine you serve one last drink to a customer, let’s call him Mike, who after closing, drives his scooter right into his neighbor’s front door. Without liquor liabilty coverage, your business may be on the hook to pay the repair costs.
How does your rainy day fund look? Business interruption coverage is a cost effective safeguard to your livelihood, and overall, everyone likes a big umbrella…
Data breach risks are definitely underestimated. Paying for data breaches is no small feat. Credit monitoring typically costs $20 a month, per person! How many notification letters have you received in the mail? We’ve lost count. Cyber attacks are becoming common occurrences, with pricey ramifications.
This is dependent on the number of customers you have, the amount of data you keep, and the types of data your business collects. In general, the more you have, the higher the risk, and the more likely the need for a standalone policy. The short version…more = need more coverage…that really applies to all things insurance…