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In this article, we will explore five often overlooked insurance policies that can provide valuable coverage for your business. General LiabilityInsurance General liabilityinsurance is a fundamental policy that covers your business against claims of bodily injury, propertydamage, and personal injury.
Here are the top 6 insurance policies every IT business in California should have to safeguard their operations. ProfessionalLiabilityInsurance (Errors & Omissions Insurance) For IT consultants, developers, or tech startups, mistakes can happen.
Understanding E&O Insurance Errors and Omissions (E&O) Insurance is liability coverage protecting professionals against claims for negligence, errors, or mistakes made in the course of their work. Coverage of settlements or judgments awarded against the insured. What does EPLI not cover?
Understanding Commercial Insurance Commercial insurance is an essential part of safeguarding your business against unforeseen events that could lead to financial loss. It provides protection against a plethora of risks, including propertydamage, liabilityclaims, theft, and even employee injuries.
Reflect on: – How much you can comfortably allocate from your business budget for insurance premiums. – Potential deductibles and what’s financially viable if you need to make a claim. It’s like finding a sweet spot—insurance that doesn’t overspend your resources but still offers peace of mind.
In this article, we will explore different types of insurance coverage that can help safeguard your business from propertydamage, liabilityclaims, cyber threats, and more. Let’s dive in and discover the insurance options that are essential for your business’s protection.
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