Even if you take every precaution to remove all possible hazards from your business, you still could be sued for events over which you have minimal control like carelessness of any visitor. In modern day business, Business Liability Insurance is a mandante. It serves to protect against the unknown risks posed by your products, company directors & officers, errors & omissions, discrimination and other such liabilities. It protects you and your business from financial devastating claims.
We have the experience and the necessary resources to analyze and recommend the correct amount of Business Liability Insurance for your small business. Our exposure analysis will help you identify potential risks your business is exposed to. We will recommend combination of following coverages to mitigate the risk
The Commercial Package Insurance Policy (CPP) enables you to have almost all your coverage bundled in one convenient package. It can include any coverage offered, from business liability and property to commercial auto, crime, and cyber. When your business risks goes beyond the coverages in a BOP, the flexibility offered by a Packaged Policy provides the opportunity to design a policy specifically for your organization. Most Commercial Package Insurance Policies offer expanded coverage endorsements. These endorsements provide additional coverages or increase the base current coverages for lower premiums than purchasing each coverage separately. After assessing your business risks and determining that a commercial package policy is what you need, we will design a custom commercial package insurance policy with specific coverages for your business.
A business owner’s policy, or BOP, combines commercial liability with commercial property insurance, typically at a lower rate. It can also include personal property and other attractive options. The BOP is an efficient way to provide the business owners insurance coverages that most small businesses need.
ELPI can protect you and your business from events that are not covered under most general liability insurance policies such as: Discrimination (failure or refusal to hire or any other wrongful treatment of people based on their race, sex, color, religion, sexual orientation, age, disability or other status that is protected by federal, state, or local statute or ordinance); Harassment (of either a sexual or non-sexual nature); and Wrongful Termination (any actual or alleged wrongful dismissal, discharge or termination of employment, including breach of contract). Your reaction to bad behavior may be completely justified; it may even be a smart business decision that would appear to be beyond reproach. But, if you’re challenged, and you have to go to court to defend yourself, you’re on your own unless you have Employment Practices Liability Insurance. And the cost of defending these claims can be HUGE! In Fact In Most Cases The Cost Of Defense Is The Greatest Cost!
We will provide a risks assessment, custom build a Business Insurance program that meets your needs, and shop the companies to get the best value for you. Pathak Insurance, Inc is a full service Independent Insurance Agency that represents many top-rated companies. Give us a call at 703-249-4998.