EXCEPTIONAL LIABILITY COVERAGE
As a business owner, you worry about every aspect of your enterprise. Your employees, your customers, your facilities, your bottom line. At Graham Insurance, we know that most business people are experts at what they do — the unique aspects of their business — and we believe that they shouldn’t also have to be insurance experts.
We make protecting your business easy.
We make protecting your business easy.
Protecting your business from the impact of potential customer lawsuits is a critical part of your insurance plan. And while a precisely crafted liability insurance policy is necessary to shield your business from this expense and stress, it’s often the last thing business owners consider.
Having the proper protection gives you the peace of mind to conduct business with confidence. Knowing that you have coverage for legal fees, including court costs and payments of awards if you’re found liable, allows you to focus on the other aspects of your operation.
Liability insurance is appropriate for any business that could face potential lawsuits. There are four distinct types that you may need, depending on your business, and your tolerance for risk of financial loss:
Personal
Liability
Covers damage to autos and property left by customers
Business
Liability
Covers possible damage from lot and garage-related operations
Professional
Liability
Covering damage to garage-owned autos on the lot or stored
Public
Liability
Covering damage to garage-owned autos on the lot or stored
There are other risks that may be covered, including:
- Bodily injury should a client trip and fall over your briefcase, or lose footing on a slippery floor, and you’re found legally liable for their injury.
- Property damage and data loss should you accidentally spill coffee on a client’s server that causes data loss, or a tree falls on their car in your parking lot.
- Personal injury should an employee talk to a fellow employee of the shop about one of your clients in a false and unflattering way. The client learns of this discussion and sues for slander. We will cover the subsequent claim, up to your General Liability policy’s limits of liability, and pay for an attorney to defend you if necessary.
Are Their Limits to Coverage?
General liability insurance is not designed to protect you from everything, because such coverage would be extremely expensive. For example, general liability does not cover you against claims of negligence, even if it isn’t you or your business’ fault.
You should consider general liability insurance coverage, also called commercial general liability insurance, if either you or your employees:
- Interact with clients face to face. If you make sales calls or visit clients at their place of business, their home, or they visit your location
- Have access to equipment that’s not yours. Business liability is ideal for IT professionals, electricians, other repair businesses, or technical services. Represent your client’s business to other companies.
- Use third-party locations for any business related activities. Business liability can cover architects, designers, wedding planners, etc.
- Additionally, you will need general liability insurance if you are required to maintain this coverage as part of a contract.
Worried about the cost?
Our firm specializes in covering professional services, and local businesses like yours. We have everything you need right here, including:
- Monthly payment options to help spread out your payments so you can better manage your cash flow.
- Coverage of temporary staff, full-time employees, and independent contractors.
- Past work covering unforeseen claims arising from work completed before you were even insured, to a pre-agreed date.
- Worldwide coverage as long as the claim is filed in the U.S., one of its territories or Canada.
- Claims responsiveness when time is of the essence.
- Tailored coverage for the specific risks of your field and industry.
- Coverage for contracts satisfying most standard contract insurance requirements.
- Fast and simple online quotes, and helpful agents able to provide immediate coverage.
The Graham Insurance Difference
While most insurance products are similar in price and function, insurance providers are very different when it comes to structuring a policy that actually covers you.
We’re your neighbors. We protect businesses and people we know and care about, and that means we always look for ways to protect you better, including carefully choosing the insurance companies we represent to be both affordable and responsive.
