Find Your Insurance Partner
There are always risks in business, VANTREO is here to help you avoid the ones you can and cover those you can’t. By analyzing your unique situation, we can create a plan to help you reduce risk and lower cost. When you have a smarter insurance partner, you’re a better business.
What does it cover?
Business liability insurance protects your business against financial loss resulting from claims for bodily injury or property damage caused to others by you or your employees. These policies also often include personal injury coverage to protect you from claims for libel, slander, defamation of character, etc. Business liability coverage should be tailored to your specific organizational needs. For example, the business liability insurance required to properly cover a restaurant or hotel is vastly different than that of a worldwide internet company.
Is it required?
Sometimes landlords, lenders and vendors will require that business liability insurance be carried as a lease, loan or contract condition.
What doesn't it cover?
All insurance policies have coverage exclusions. Here are a few things that business liability insurance policies may not cover: amounts considered to be “under the deductible”, professional liability, errors and omissions, malpractice, employment related practices, contractual liability and pollution. Actual policy wording varies.
Lawsuits happen. In business there are liability implications in just about everything you do. Leases, independent contractor/consultant agreements, construction contracts and a ton of other agreements you may enter into all have liability implications that should be analyzed to determine their acceptability and insurability. VANTREO specializes in helping you make good insurance decisions and helps make sure you are insulated from loss where possible.
Discover the VANTREO difference.