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Business Insurance Basics: Terms Every Owner Should Know

Paragon Independent Insurance Agencies

Here in Plano, TX, Paragon Independent Insurance Agency aims to simplify this process by breaking down essential terms you need to know to protect your business effectively. Understanding General Liability Insurance General liability insurance is a must-have for any business.

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Top 6 Insurance Policies Every IT Business in California Should Have

Jackson & Jackson

Here are the top 6 insurance policies every IT business in California should have to safeguard their operations. Professional Liability Insurance (Errors & Omissions Insurance) For IT consultants, developers, or tech startups, mistakes can happen. One oversight could lead to costly lawsuits.

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Protect Your Business: 5 Essential Insurance Policies You Might Be Overlooking

Protect Commercial Insurance

While you may have the basic insurance policies in place, such as property and general liability insurance, there are several other essential insurance policies that you might be overlooking. In this article, we will explore five often overlooked insurance policies that can provide valuable coverage for your business.

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Essential Business Insurance Guide: Safeguarding Your Property From Cyber Threats

Protect Commercial Insurance

For example, if your business is situated in an area prone to flood, you may want to consider flood insurance as an additional coverage. Liability Insurance Liability insurance protects your business from legal claims and financial obligations resulting from injuries, property damage, or negligence caused by your business operations.

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Insurance Considerations for Home-Based Businesses

Mark Jackson Insurance Agency

The Crucial Role of Liability Coverage One of the main concerns for any business, including those based at home, is liability. Commercial liability insurance protects against claims resulting from injuries or damages to people or property during business operations.

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What are the most important questions to ask when choosing business insurance?

Protect Commercial Insurance

Familiarising yourself with the various types can help you craft the most effective insurance package: – General Liability Insurance : Covers third-party bodily injury, property damage, and advertising injuries. – Property Insurance : Protects physical assets from perils like fire, theft, and vandalism.

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E&O vs. EPLI: What Coverage Do Your Clients Need?

ProWriters

E&O is a subset of Professional Liability Insurance. E&O typically covers claims related to professional services resulting in financial harm to a client, while Professional Liability covers a wider range of claims, such as bodily injury or property damage. What does EPLI not cover?