Bringing together all of our expert services designed to safeguard our clients’ assets. Texas is definitely a large state, and there are a variety of various commercial insurance possibilities out there. Should you have any problems, or if you just want to speak to an expert before making your decision, then a Simply Business insurance specialist will be available from a UK-based contact centre.
Along with insurance for your business, The Co-operators offers options for Group Auto and Home insurance, Group Benefits and Group Retirement plans. Professional Indemnity Insurance, also called as Professional Liability Insurance or Errors and Omissions’ liability insurance, is an extremely important consideration for small professional businesses that are in service industry.
Workers’ compensation: If you have employees, you need workers’ compensation insurance to cover medical expenses and lost wages arising from illnesses or injuries triggered by their work. Product liability insurance protects against financial loss as a result of a defect product that causes injury or bodily harm.
Essentially, you should be looking for your business liability insurance to protect the costs of any court awards or damages, claimants’ costs and expenses where you or your employees are held legally liable. The first being Liability insurance, the second being Worker’s Comp insurance, and possibly business auto insurance, errors & omissions/professional liability, and umbrella insurance.
We’re also part of Allianz Insurance plc, one of the UK’s largest insurers, so you know that you’re in great hands. Understanding what different policy types cover is important to match your business insurance needs to what policy coverage. Regardless of whether you have a deductible or SIR, you are still obligated to pay the insurance company.