No matter how big or small your business is, finding a business insurance agency in Columbus NE, or any other city across the country, is imperative to protect your assets. A comprehensive policy should cover all the known and unknown risks so that you can have peace of mind knowing you’re protected. Many business owners opt for General Liability coverage; here is a list of what this typically covers:
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Lawsuits and settlements: If you are sued, or damages are filed against you, liability coverage will pay for the cost of the investigation and attorney fees/expenses, judgements, settlements and any medical expenses that may have been incurred.
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Damages due to injury: These damages are covered if you get sued due to bodily injury or property damage that occurred on your premises, or as a result of using your products or the operations of your business.
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Miscellaneous: This type of insurance can cover you in the event that your advertising infringes on someone else’s copyright. It can also protect you from certain types of alcohol-related accidents (if you’re not in the business of manufacturing or distributing alcohol).
There are certain business aspects that are not covered by general liability insurance. Here are a few of them:
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Employee injuries: If your employees suffer an injury on the job, as a direct result of doing their duties or not, you will not be protected under a general liability policy. For this type of claim, you will need to have worker’s compensation coverage.
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Professional mistakes: General liability won’t cover professional mistakes. For this you need professional liability coverage.
Talk to your business insurance agency in Columbus NE to find out what type of coverage is right for your business. It’s important to make sure you are protected as much as possible for different types of situations.
