As a business owner, you may be familiar with errors and omissions insurance, and how it protects you or your business in the event that a client pursues a claim based on what they perceive to be an error or omission on your part. Or maybe you’re asking, “What is errors and omissions insurance?” In brief, this type of coverage is intended for anyone who charges a fee for a professional service, and it guards you and your business if a client experiences some type of financial loss due to your actions. It’s commonly misunderstood, however, so here’s a look at some common myths about what’s often referred to as E&O insurance.
As a business grows, so may the number of people it takes to run it successfully. Hard-working employees may be a company’s most valuable asset. In this competitive market, however, providing an attractive package of insurance in Connecticut to support those workers becomes a challenge. According to the Department of Health and Human Services, only 15% of companies with 25-100 workers offer health insurance. Yet health and retirement benefits may mean the difference between continuous turn-over and a loyal employee base.
The chances of your drivers being in accidents at some point in time are high. When this occurs, you want to know that your coverage will be of some assistance. There are some things to keep in mind to help make sure that your hired/non-auto coverage works for you.
As life expectancy continues to expand and America’s senior population grows, many nursing homes nationwide seek to enhance their residents’ engagement with the broader community and, by extension, to increase their quality of life. This emerging trend does involve certain liabilities, however, and risk management in nursing homes is therefore a highly useful service that provides coverage for these risks.
Your home is likely your largest asset, so protecting it, and yourself, in the event of damage or liability is essential. Many homeowners have different situations and unique needs, but most require these basic types of home insurance Connecticut agents offer.
When it comes to e&o insurance cost, some business owners may feel that these policies are not entirely necessary. However, errors and omissions insurance is a must for every business owner that affords a service to clients and customers. In the event a customer is dissatisfied with a given service, your company may face stiff legal fees as a result.
Whether you are starting up a new legal practice or you have been managing your own practice for years, you will never outgrow the need for quality insurance coverage. Because your line of work is particularly risky and involves handling sensitive information on a regular basis, it is important to make sure you have attorney professional liability insurance coverage in addition to your general liability insurance coverage. Here are a few things you should know before purchasing a professional liability policy.
Becoming a homeowner is a major accomplishment. Now that you own your home, there are a few things you should take into consideration, such as what type of New Jersey home insurance you’d like to buy. There are different levels of protection available. The exact amount of protection you may want to get will depend on your needs. These are a few things to consider:
If anyone understands the importance of protecting one’s personal and business interest, it would be an insurance agent. Even so, some insurance agents may not be aware of the ways that they themselves are at risk.
Not all websites are built the same, and an important part of insurance agency marketing is to create a customized site that can bring leads to your agents. If you are skilled in website building, you can do it yourself, but it is often smarter to hire an outside company who is experienced in getting results.