At Legere Insurance we understand the need for a professional and balanced insurance portfolio to protect your business. We have access to various insurance markets to provide you with a wide range of coverage for many types of business exposures.
Liability coverage forms the backbone of most business insurance programs. Your liability exposure is potentially unlimited. It would require dozens of pages to explain all the reasons you could be sued. Here is just a small sample of the most common types of claims we have witnessed throughout the years.
- Someone slips and falls on your property.
- A product you sell or manufacture causes injury or damage to someone else’s property.
- An employee accidentally damages a customer’s property or injures someone.
- Your advertising damages another company’s reputation or sales.
- A fire caused by your company damages space you rent.
- A water line you installed leaks a year later and damages the building it is in.
- An employee sues you for wrongful termination, discrimination or sexual harassment.
- You fail to perform the services for which you were hired, according to the standards of conduct in your profession that results in harm to another person or business.
Professionals that operate their own businesses need liability insurance. This protects them against financial losses from lawsuits.
As a business owner there are several liability policies you should consider. They include:
Commercial General Liability – This coverage insures you against bodily injury and property damage. It is a broad commercial policy; it covers you for all liability exposures of your business that are not specifically excluded. Coverages may include product liability, completed operations, premises and operations, and independent contractors.
Product Liability – Protects a manufacturers’ and distributors’ exposure to lawsuits by people who have sustained bodily injury or property damage through the use of the product. Depending on your business, we can also provide product liability coverage against product malfunctions that result in bodily injury, property damage, or personal injury.
Professional Liability – Covers you for damages or injury arising out of your negligence, mistakes, or failure to take appropriate action in the performance of professional duties.
Employment Practices Liability – Provides protection against employee-related litigation for such claims as; wrongful termination, sexual harassment, discrimination, unfair hiring practices, breach of employment contract, negligent evaluation, failure to employ or promote, wrongful discipline, deprivation of career opportunity, wrongful infliction of emotional distress and mismanagement of employee benefit plans. This policy can provide protection for the company, employees, officers, and directors.
Contingent Liability – Liability of individuals, corporations, or partnerships for accidents caused by people other than employees for whose acts or omissions the corporations or partnerships are responsible.
Environmental Impairment Liability – A form of insurance designed to cover losses and liabilities arising from damage to property caused by pollution.
Directors and Officers Liability – Covers directors and officers of a company for negligent acts or omissions, and for misleading statements that result in libel suits against the company.
To learn more about liability insurance, we invite you to contact our office during normal business hours to speak to a representative. Our local telephone number is (978) 534-8329 or toll free at (800) 348-7779.
Should you prefer to contact us by email to express your interest in obtaining a quote for liability insurance, please include your name, telephone number and a best time to call in your email to us at info@legereins.com