Components of Virginia Car Insurance

Virginia Car Insurance

Virginia car insurance protects drivers in the occurrence of bodily harm or damage to property. When looking for car insurance, standard policies generally include variations of collision, personal injury, liability and uninsured motorist components. Some companies offer reimbursement for rental cars should your car need repair or gets stolen. Though this is a common feature, it is more often an add-on to the policy.

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How Does Antique Car Insurance Differ From Typical Coverage?

Antique Car Insurance

Insurance is meant to serve as a buffer to protect your best interests in the event of an unforeseen accident or problem. Automotive insurance can be a real lifesaver in situations when your vehicle becomes damaged and needs to be repaired in the immediate future, just as life insurance can help you get back on your feet after an injury. There’s another type of insurance that has a very specific target audience. Owners of vehicles that line the streets in classic car shows should seriously consider investing in quality antique car insurance in order to keep their valuable investment protected.

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Tips for Preventing Injuries at Your Auto Body Shop

Auto Body Workers Compensation

An auto body shop is an inherently dangerous place, and recent studies indicate that automotive industry workers’ compensation claims are increasing far more rapidly than in other industries. From minor accidents like finger cuts to major ones that lead to chronic back injuries, any number of issues can arise when you’re in the business of fixing cars. The good news is that almost all of these injuries are largely preventable. Utilize these tips to help keep your employees safe and your auto body workers compensation costs low.

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Factors to Consider When Choosing D&O Coverage Limits

Directors and Officers Insurance

Choosing an adequate coverage limit for directors and officers insurance is essential, given the steep expenses that claims against directors and officers can generate. Still, considering the many other areas of risk that companies must address through insurance, overspending on unnecessary coverage is usually not an option. When evaluating coverage limits, decision-makers should consider the following two variables, which often contribute to higher defense and damage costs.

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Protect Your Business With Professional Liability Insurance

Providing a service to the public opens you up to professional liability. If you face a lawsuit from a disgruntled client for a mistake or negligence, your business could be crippled from the costs of the defense and any damages that are awarded. When you consider the time it takes away from your business and the loss of reputation in your community, why would anyone take the risk of not having insurance?

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Three Industries That Need Errors and Omissions Insurance

Errors and Omissions for Lawyers

Errors and omission insurance is a great option for individuals and businesses that need coverage in the event a client may sue for service that was provided, or failed to be provided. Most errors and omission plans cover judgments, defense costs and even settlement costs, saving the individual or business from potential financial collapse. While this type of insurance is definitely beneficial to many professionals in various industries, there are several fields of work, such as errors and omissions for lawyers that should absolutely consider it.

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