Silvia Perez Insurance & Financial
Everything in life is uncertain. Even your business is not spared from unexpected events. Now is the time to check your business insurance and if everything is covered. You do not want to stop your business from operating.
The following are some common types of business insurance that you need:
Your business can be facing a lawsuit for any damage due to negligence. The services that your business offer may have caused harm to other people, for example, defective product. If you are being sued up to the policy limits of your insurance, liability insurance can cover the legal expenses and damages. The liability policy also covers the medical fees of those who are harmed by your employees, products, or services.
For employers, this insurance is a requirement by most states with a required number of employees. In the event that an employee is injured while at the workplace, the workers compensation policy will pay for the lost wages and medical care. In addition, no matter who is at fault, the policy will cover the damages.
Commercial auto insurance is essential when you are using a vehicle in your business operation. Standard personal auto insurance does not cover vehicles used in business. In case of property damage or bodily injury, the commercial auto insurance will pay for it up to your policy limits.
When there are damages to your business, the policy of your business property insurance will pay for them. In a covered loss, property insurance can protect your premises and all your contents such as your computers, office furniture, inventory, and many other essential items.
Professional Liability/Error and Omissions (E&O)
If the industry that your business belongs to involve professional services, you can be sued for making incorrect recommendations or giving faulty advice that causes harm to other people. The professional services include designing products, making recommendations, or giving professional advice. In case of a mistake on your part and you are being sued, an errors and omissions policy will help pay for the legal expenses up to the limits of your policy.
At Silvia Perez Insurance & Financial Solutions, we aim to provide comprehensive insurance policies that make your life easier. We want to help you get the insurance that fits your needs. You can get more information about our products and services by calling our agency at (831) 524-8411 . Get your free quote today by CLICKING HERE.