Tag: Liability

Business Liability Insurance, Learn State Minimums, Trusted Choice, business liability insurance.#Business #liability #insurance


Business Liability Insurance

Business liability insurance

Business owners have enough to worry about besides uncontrollable threats that prevent success. Business liability insurance is one way to help prepare for and protect your business from the biggest risks you face.

Top Business Risks in 2016

A recent study done by Allianz concluded that the following three risks are considered by business owners to be among the most significant business risks for 2016:

Business liability insurance

Protect Against the Top 3 Risks with Liability Insurance for Your Business

Liability claims are among the most expensive business insurance claims. Without appropriate liability coverage, one lawsuit or unexpected event can force you to close your doors. Business liability insurance can help you protect your business from the 3 top risks named in the survey.

In order to protect your business from cyber incidents, PR disasters, and the impact of new technologies, you need:

  • General business liability insurance also known as Commercial general liability insurance (CGL) is the most basic form of business liability insurance.

General liability insurance definition: A contract that protects a business against claims due to injuries, accidents, and negligence. It can protect your business from costs related to bodily injury, property damage, medical expenses, legal costs, judgments, and personal injury claims such as libel and slander. To protect your business from more specific types of emerging threats, you may need to purchase additional liability policies.

  • Cyber liability insurance is important for any business that uses electronic information. If you are sued because of a data breach or other cybercrime, your business could be responsible for paying legal fees, court-ordered judgments or settlements, and any other court-mandated costs. Your general liability policy may not appropriately cover these costs.

Cyber liability claims are also extremely costly in terms of fines, public relations costs, and other expenses you must pay on behalf of your affected customers.

While cyber liability policies continue to evolve because of the ever-changing nature of the threats, most cyber liability insurance policies protect your business assets by covering your legal defense costs, as well as any settlements and judgments that you are ordered to pay. Cyber liability insurance also helps businesses repair their reputations and damage to their brands in these situations by providing coverage for PR and other related expenses.

  • Employment practices liability insurance (EPLI) is another form of liability insurance for your business that is becoming more important as technology changes. EPLI provides protection from claims and lawsuits brought against a business, its officers or directors, or its employees and managers for discrimination, wrongful termination, sexual harassment, and other employment-related allegations.

In addition, EPLI covers claims related to employee benefits mismanagement. In today’s interconnected society, it’s not hard to imagine a scenario in which new technology makes it possible for an employee’s benefits enrollment or personal health information to be made public inadvertently. EPLI insurance would protect you in such a circumstance.

Other Kinds of Business Liability Insurance to Consider

In addition to the risks named in the Allianz study, most businesses face a variety of other threats that could lead to a liability claim. Depending on your type of business, you may need to consider a number of additional business liability policies to protect your assets.

  • Errors and omissions (E O) insurance: Also referred to as professional liability insurance, this policy will protect you from loss or damage arising from poor or misleading advice, or an act of negligence that leads to a client’s financial loss.
  • Liquor liability insurance: Coverage that protects any business that sells or serves alcoholic beverages, including restaurants, nightclubs, and bars, that can be held liable for damages or injuries caused by intoxicated patrons.
  • Product liability insurance: If your product causes any form of injury or damage, product liability insurance will cover compensation and possible legal fees if you are sued.
  • Environmental impairment liability (EIL) insurance: A specialty insurance policy created for companies and contractors who engage in jobs or production that have toxic by-products. EIL insurance will cover many of the costs related to spills, leakage, or contamination, including fines and cleanup costs.
  • Pollution liability insurance: A business insurance policy that covers the costs associated with pollution cleanup, as well as liability claims for pollution-related injuries, illnesses, or deaths.
  • Event liability insurance: Standard personal or commercial liability policies will not cover the varied exposures related to special events. Event liability policies can be tailored to your specific event, from small, one-time events to large, elaborate affairs.

How to Know if Your Insurance Policy is Right for You

Business liability insurance—in all of its forms—is essential to the long-term success of your business. Every business liability policy must be tailored to your unique business, or you face having limited or no coverage when you really need it.

Consulting with an independent agent who represents multiple insurance companies is the best way to ensure that you can find the best basic and specialized commercial liability insurance to address all of the insurable risks inherent in your business. Working with your local independent agent, you will determine the type and amount of coverage you need based on:

  • Business size, type and value
  • Type of work you do
  • Type of risks
  • Level of liability

Your agent can seek out the best coverage—from multiple insurance companies—to meet your needs and budget.

How to Find the Right Commercial Liability Insurance Agent

Your insurance agent is one of your most trusted business advisors—no different from your accountant, lawyer, or banker. Don’t trust your business to just anyone. Choose an independent insurance agent who will be as invested in protecting your business as you are. Whether you need small business liability or corporate liability insurance your agent can help you evaluate specific business risks and the various liability risks your company faces.

To get help choosing the right business liability coverage, contact an independent agent in the Trusted Choice В® network. These agents represent multiple insurance companies, providing you with a broad range of options to meet your needs. Find an agent in your community today and start addressing your top business risks.


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Business Insurance quotes, Public Liability Insurance, NRMA, business liability insurance.#Business #liability #insurance


Business Insurance

Protect yourself and your business against claims for negligent acts, which cause personal injury and/or property damage to others with Public Liability Insurance.

As a tradesperson you do a lot to protect yourself at work. Don’t forget to protect your business too. Our Business Insurance has the cover to do just that.

Are you a doctor, lawyer, accountant, architect, real estate agent or other type of professional service provider? Our Business Insurance has the cover to protect your business.

Business liability insurance

Other products we offer

Hobby Rural Farm

Save up to $75 when you buy Hobby Farm Insurance online.

Whether you’re a grazier, grower, dairy farmer or have a hobby farm, our Farm Insurance has the cover to protect your farm.

Retailers

Save up to $75 when you buy online.

Are you retailing goods or services? Our Business Insurance has the cover to protect your business.

Property Owners

Protecting Commercial properties you own now and for the future is easy. Our Business Insurance has the cover to protect your business.

Hospitality

Save up to $75 when you buy online.

You have a passion for making great coffee and creating amazing meals. Our Business Insurance has the cover to protect your business.

Motor Trades

Motor Trade Insurance is here to help mechanics, panel beaters, detailers and more. Get a quote from NRMA Insurance online

Domestic Services Repairs

Save up to $75 when you buy online.

If you provide services such as the local handyman, domestic cleaner, pet groomer, dressmaker or the like, our Business Insurance has the cover to protect your business.

Health Medical Services

Save up to $75 when you buy online.

Are you a doctor, veterinarian, dietician, osteopath, or offer a type of health or medical service? Our Business Insurance has the cover to protect your business.

Home Business

Nowadays more and more people are discovering the joy of working from home. Make sure you have the correct level of cover to protect yourself and your business.

Business liability insurance

Shannon is a builder who transforms interiors. He shares the opportunities and challenges that have come with running his own business.

Business liability insurance

Vicki is a chef and passionate about food. She talks about what she’s learnt about business since starting her own catering company.

Business liability insurance

Sevi is a florist who always wanted to have her own business. She explains about how long hours, finding great staff and having good insurance have helped her to success.

Download our free NRMA app

NRMA Insurance is a provider of car insurance, motorcycle insurance, home insurance, business insurance, travel insurance, boat insurance, caravan insurance, life insurance, income protection and security in NSW, QLD, ACT TAS. Get your insurance quotes today. For insurance in other states and territories visit SGIO in WA or SGIC in SA. NRMA Insurance is part of the Insurance Australia Group. Business address 388 George St Sydney, NSW (This address is unable to assist with enquiries) for any question or queries please contact us.

*National Roads and Motorists’ Association Limited ABN 77 000 010 506 (the NRMA) is a separate independent company from NRMA Insurance.

For more information about our products visit our sitemap. Insurance (except Travel insurance and Income Protection) issued by Insurance Australia Limited ABN 11 000 016 722 trading as NRMA Insurance. When making decisions about our insurance policies you should consider the applicable Product Disclosure Statement.

The Loyalty Discount replaces our previous discount structure, and applies to new eligible policies which commence on or after 16 March 2014, and renewing eligible policies which commence on or after 28 April 2014. For more details, please refer to the Premium, Excess Discounts Guide.

Visit our online terms and privacy security statement | Visit Money Smart for financial guidance from ASIC to help you make informed choices.


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Business Insurance quotes, Public Liability Insurance, NRMA, business liability insurance.#Business #liability #insurance


Business Insurance

Protect yourself and your business against claims for negligent acts, which cause personal injury and/or property damage to others with Public Liability Insurance.

As a tradesperson you do a lot to protect yourself at work. Don’t forget to protect your business too. Our Business Insurance has the cover to do just that.

Are you a doctor, lawyer, accountant, architect, real estate agent or other type of professional service provider? Our Business Insurance has the cover to protect your business.

Business liability insurance

Other products we offer

Hobby Rural Farm

Save up to $75 when you buy Hobby Farm Insurance online.

Whether you’re a grazier, grower, dairy farmer or have a hobby farm, our Farm Insurance has the cover to protect your farm.

Retailers

Save up to $75 when you buy online.

Are you retailing goods or services? Our Business Insurance has the cover to protect your business.

Property Owners

Protecting Commercial properties you own now and for the future is easy. Our Business Insurance has the cover to protect your business.

Hospitality

Save up to $75 when you buy online.

You have a passion for making great coffee and creating amazing meals. Our Business Insurance has the cover to protect your business.

Motor Trades

Motor Trade Insurance is here to help mechanics, panel beaters, detailers and more. Get a quote from NRMA Insurance online

Domestic Services Repairs

Save up to $75 when you buy online.

If you provide services such as the local handyman, domestic cleaner, pet groomer, dressmaker or the like, our Business Insurance has the cover to protect your business.

Health Medical Services

Save up to $75 when you buy online.

Are you a doctor, veterinarian, dietician, osteopath, or offer a type of health or medical service? Our Business Insurance has the cover to protect your business.

Home Business

Nowadays more and more people are discovering the joy of working from home. Make sure you have the correct level of cover to protect yourself and your business.

Business liability insurance

Shannon is a builder who transforms interiors. He shares the opportunities and challenges that have come with running his own business.

Business liability insurance

Vicki is a chef and passionate about food. She talks about what she’s learnt about business since starting her own catering company.

Business liability insurance

Sevi is a florist who always wanted to have her own business. She explains about how long hours, finding great staff and having good insurance have helped her to success.

Download our free NRMA app

NRMA Insurance is a provider of car insurance, motorcycle insurance, home insurance, business insurance, travel insurance, boat insurance, caravan insurance, life insurance, income protection and security in NSW, QLD, ACT TAS. Get your insurance quotes today. For insurance in other states and territories visit SGIO in WA or SGIC in SA. NRMA Insurance is part of the Insurance Australia Group. Business address 388 George St Sydney, NSW (This address is unable to assist with enquiries) for any question or queries please contact us.

*National Roads and Motorists’ Association Limited ABN 77 000 010 506 (the NRMA) is a separate independent company from NRMA Insurance.

For more information about our products visit our sitemap. Insurance (except Travel insurance and Income Protection) issued by Insurance Australia Limited ABN 11 000 016 722 trading as NRMA Insurance. When making decisions about our insurance policies you should consider the applicable Product Disclosure Statement.

The Loyalty Discount replaces our previous discount structure, and applies to new eligible policies which commence on or after 16 March 2014, and renewing eligible policies which commence on or after 28 April 2014. For more details, please refer to the Premium, Excess Discounts Guide.

Visit our online terms and privacy security statement | Visit Money Smart for financial guidance from ASIC to help you make informed choices.


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General Liability Insurance, Progressive Commercial, business liability insurance.#Business #liability #insurance


General liability insurance

The foundation of small business liability protection

Protect your business from liability claims

General liability insurance (GL), often referred to as business liability insurance, is coverage that can protect you from a variety of claims including bodily injury, property damage, personal injury and others that can arise from your business operations. General liability insurance quotes usually include:

  • Bodily injury and property damage liability
  • Personal and advertising injury
  • Medical payments
  • Products completed operations
  • Damage to premises rented to you

Learn how these coverages protect small businesses and how much you’ll want to consider for your unique risk.

Who needs general liability insurance?

General liability insurance is often combined with property insurance in a Business Owners Policy (BOP), but it’s also available to many contractors as a stand-alone coverage through the Progressive Advantage Business Program.

As a contractor or small business owner, you need some form of business liability insurance to safeguard your livelihood.

A single accident could result in a lawsuit that you might not be able to handle. A great way to protect against this is to make sure you have liability coverage that matches your level of exposure.

Some employers or clients might also require you to carry a certain amount of general liability before you can work for them.

General liability insurance for contractors

If you’re a contractor, you might only want general liability – not a full BOP. For example, you might not own any commercial buildings that require property insurance, or need to cover payroll or other operating expenses. However, you’re still exposed to liability risks from your job.

You might be eligible to get general liability insurance, without the extra coverages in a BOP, through the Progressive Advantage Business Program. We offer general liability, as well as * Blanket Additional Insured Coverage to contractors who qualify.

*Blanket Additional Insured Coverage extends your existing liability insurance to other entities as required by some contracts with employers.

General liability insurance cost

Various factors influence the cost of general liability insurance. Discover how these factors relate to your unique situation, and learn several ways to find the cheapest liability insurance for your business.

Find out if your business is eligible for general liability insurance through Progressive. We can help you find the best combination between price and protection by tailoring a policy specifically for your business. Call us today or start a quote online.

Get it all in a BOP

General liability, along with other coverages, is available in BOPs written through the Progressive Advantage Business Program.

If you need to protect things like personal property used for your business, or commercial buildings such as garages or storage facilities, you might require the additional protections provided in a BOP.


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Business Insurance quotes, Public Liability Insurance, NRMA, business liability insurance.#Business #liability #insurance


Business Insurance

Protect yourself and your business against claims for negligent acts, which cause personal injury and/or property damage to others with Public Liability Insurance.

As a tradesperson you do a lot to protect yourself at work. Don’t forget to protect your business too. Our Business Insurance has the cover to do just that.

Are you a doctor, lawyer, accountant, architect, real estate agent or other type of professional service provider? Our Business Insurance has the cover to protect your business.

Business liability insurance

Other products we offer

Hobby Rural Farm

Save up to $75 when you buy Hobby Farm Insurance online.

Whether you’re a grazier, grower, dairy farmer or have a hobby farm, our Farm Insurance has the cover to protect your farm.

Retailers

Save up to $75 when you buy online.

Are you retailing goods or services? Our Business Insurance has the cover to protect your business.

Property Owners

Protecting Commercial properties you own now and for the future is easy. Our Business Insurance has the cover to protect your business.

Hospitality

Save up to $75 when you buy online.

You have a passion for making great coffee and creating amazing meals. Our Business Insurance has the cover to protect your business.

Motor Trades

Motor Trade Insurance is here to help mechanics, panel beaters, detailers and more. Get a quote from NRMA Insurance online

Domestic Services Repairs

Save up to $75 when you buy online.

If you provide services such as the local handyman, domestic cleaner, pet groomer, dressmaker or the like, our Business Insurance has the cover to protect your business.

Health Medical Services

Save up to $75 when you buy online.

Are you a doctor, veterinarian, dietician, osteopath, or offer a type of health or medical service? Our Business Insurance has the cover to protect your business.

Home Business

Nowadays more and more people are discovering the joy of working from home. Make sure you have the correct level of cover to protect yourself and your business.

Business liability insurance

Shannon is a builder who transforms interiors. He shares the opportunities and challenges that have come with running his own business.

Business liability insurance

Vicki is a chef and passionate about food. She talks about what she’s learnt about business since starting her own catering company.

Business liability insurance

Sevi is a florist who always wanted to have her own business. She explains about how long hours, finding great staff and having good insurance have helped her to success.

Download our free NRMA app

NRMA Insurance is a provider of car insurance, motorcycle insurance, home insurance, business insurance, travel insurance, boat insurance, caravan insurance, life insurance, income protection and security in NSW, QLD, ACT TAS. Get your insurance quotes today. For insurance in other states and territories visit SGIO in WA or SGIC in SA. NRMA Insurance is part of the Insurance Australia Group. Business address 388 George St Sydney, NSW (This address is unable to assist with enquiries) for any question or queries please contact us.

*National Roads and Motorists’ Association Limited ABN 77 000 010 506 (the NRMA) is a separate independent company from NRMA Insurance.

For more information about our products visit our sitemap. Insurance (except Travel insurance and Income Protection) issued by Insurance Australia Limited ABN 11 000 016 722 trading as NRMA Insurance. When making decisions about our insurance policies you should consider the applicable Product Disclosure Statement.

The Loyalty Discount replaces our previous discount structure, and applies to new eligible policies which commence on or after 16 March 2014, and renewing eligible policies which commence on or after 28 April 2014. For more details, please refer to the Premium, Excess Discounts Guide.

Visit our online terms and privacy security statement | Visit Money Smart for financial guidance from ASIC to help you make informed choices.


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Protect Your Assets with Business Liability Insurance, business liability insurance.#Business #liability #insurance


Protecting Your Assets with Business Liability Insurance

Business liability insurance

Business liability insurance

Owning and operating a small business comes with plenty of responsibility and accountability. Even if you operate with the utmost care and provide the best quality and services, the unforeseen can occur – an accident, an injury, a mistake, a misunderstanding that escalates. Is your business protected with liability insurance? If not, your business and personal assets may be in peril.

Who Needs Business Liability Insurance?

It s likely that you do, as we live in a litigious society.

Annual premiums range from $750 to $2,000 depending on your line of business and coverage needs. That’s certainly a lot less than the thousands, if not millions, of dollars you may need to spend fighting your case in court.

General liability insurance can be purchased on its own, but it can also be included as part of a Business Owner’s Policy (BOP) which bundles liability and property insurance into one policy. If you have a BOP, check it to see what your liability coverage limit is. You may find that it is quite low, in which case you may need additional coverage through a separate policy.

Does an LLC Need General Liability Insurance?

You, as a business owner, can be held responsible ( liable ) for things you do while performing work for your limited liability company. For example, your LLC will most likely not protect you if:

  • You personally injure someone
  • You personally guarantee a business loan or debt
  • You don’t manage your business taxes correctly
  • You have acted in an irresponsible or illegal manner
  • Rather than treating your company as a separate business entity, you mix business and personal accounts or expenses

The Types of Business Liability Insurance

There are several types of business liability insurance.

Learn more about the following:

General Liability Insurance: This form of business liability insurance is the main coverage to protect your business from: injury claims, property damages, and advertising claims. General liability insurance also known as Commercial General Liability (CGL) may be the only type of business liability insurance you need depending on your business situation.

As with many insurance plans, your policy will outline the maximum amount the insurance company will pay against a liability claim. So, if your small business gets sued for $250,000 for medical costs associated with an injury caused by a worksite hazard, plus an additional $100,000 in legal fees, but your coverage maxes out at $300,000, then you are responsible for paying the difference of $50,000. Make sure you calculate your exposure and select the coverage that will protect you.

Professional Liability Insurance: Business owners providing services will need to consider having professional liability insurance known as errors and omissions . This coverage protects your business against malpractice, errors, negligence and omissions. Depending on your profession, or an individual contract, it may be a legal requirement to carry such a policy.

Doctors require coverage to practice in certain states. Technology consultants often need coverage in independent contractor work arrangements.

Product Liability Insurance: Small businesses selling or manufacturing products should be protected in the event of a person becoming injured as a result of using the product. The amount of coverage and the level of risk depends on your business type. A retailer of scrapbook supplies will have far less risks than a wood stove builder.


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Commercial Insurance Coverage by Industry: Farmers Insurance, business liability insurance.#Business #liability #insurance


Business Insurance for Your Industry

Search for commercial coverage you can tailor specifically for the small business you run.

Browse Business Insurance by Industry

FarmersВ® understands your business has unique coverage needs

Commercial insurance from Farmers isn’t a one-size-fits-all solution. Each business owners policy (BOP) begins with essential coverage like liability and property insurance — you can then customize it for your specific requirements. Whether you operate a restaurant or retail store, you choose the coverage you want.

Contact a Farmers agent in your area today to discuss customized coverage that’s right for you.

Research insurance for your industry

Simply select your industry for more information about coverage like this — and more.

Apartments

Auto Service and Repair

Commercial Real Estate

Education and Non-Profit

Tuition and Fees

Home and Building Services

Tools and Equipment

Homeowners Associations

Directors and Officers Liability

Hospitality

Manufacturing

Office

Religious Organizations

Restaurants and Food Trucks

Retail Stores

Wholesale

Transportation and Cargo

This material is for general informational purposes only. This material may not reflect your particular circumstances. None of the companies comprising the Farmers Insurance Group of CompaniesВ®, or their employees or agents provide tax or legal advice. Always consult your own accountant, attorney or tax adviser as to the tax, financial, or legal consequences or advice on any particular transaction. Not all products, coverages, discounts are available in every state. Restrictions, exclusions, limits, and conditions apply.

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General Business Liability Insurance – How it Works and What Coverage is Right for

General Business Liability Insurance – How it Works and What Coverage is Right for You

If you’ve heard it once, you’ve heard it a thousand times: if you’re starting a business you’re going to need general liability insurance. But what does that mean? What protection does it afford? How do you determine your coverage needs? How does it work?

What is General Liability Insurance?

Liability insurance (also known as Commercial General Business Liability) protects a company’s assets and pays for obligations – medical costs, for example –incurred if someone gets hurt on your property or when there are property damages or injuries caused by you or your employees. Liability insurance also covers the cost of your legal defense and any settlement or award should you be successfully sued. Typically these include compensatory damages, nonmonetary losses suffered by the injured party, and punitive damages.

General liability insurance can also protect you against any liability as a tenant if you cause damage to a property that you rent, such as by fire or other covered loss.

Finally, it can also cover claims of false or misleading advertising, including libel, slander, and copyright infringement.

Does your Business Need Liability Insurance?

We live in a litigious society and even if you think you’re unlikely to face a claim, getting insurance is a wise investment that doesn’t cost much – annual premiums range from $750 to $2,000 depending on your line of business and coverage needs. That’s certainly a lot less than the thousands, if not millions, of dollars you may need to spend fighting your case in court.

General liability insurance can be purchased on its own, but it can also be included as part of a Business Owner’s Policy (BOP) which bundles liability and property insurance into one policy. If you have a BOP, check it to see what your liability coverage limit is. You may find that it is quite low, in which case you may need additional coverage through a separate policy.

How to Determine Your Coverage Needs

The coverage you need depends on the type of business you are in and the perceived risk associated with it. For example, a building contractor will need more coverage than a web designer or consultant. Your business location is also another factor that comes into play. For example, some states tend to award more in damages to plaintiffs claiming personal injury than others. Talk to a licensed insurance broker for advice on this before you rush out and buy a policy.

As mentioned above, if you fall into the lower risk category, you may want to consider a Business Owner’s Policy (BOP) which combines general liability and property insurance at a cost-effective rate.

Confused about where to start? Take a look at SBA’s Five Tips for Buying Business Insurance which includes tips on assessing your risk, shopping around, BOPs, and maintenance of your policy.

How General Liability Insurance Works

As with many insurance plans, your general liability policy will outline the maximum amount the insurance company will pay against a liability claim. So, if your small business gets sued for $250,000 for medical costs associated with an injury caused by a worksite hazard, plus an additional $100,000 in legal fees, but your coverage maxes out at $300,000, then you are responsible for paying the difference of $50,000.

If you are on the higher end of the risk scale and already have general liability insurance, you can also opt for excess insurance or umbrella insurance that increases your coverage limits. This will cover you in situations in which you’re worried that your existing coverage won’t cover all your costs should someone file and win a claim against you.

Be sure to do your industry research before you invest in any policy. Sometimes a client contract will require that your business has the appropriate coverage or umbrella insurance to perform work on their behalf. Likewise, some construction contractors may add you to their general liability policy as an additional name to be insured for the duration of the project.

If an incident occurs that may lead to a claim, you should notify your insurance company or agent immediately. Be prepared to explain what has happened in detail including the time, date, the names of any witnesses, and any other pertinent information.

What other Insurance do I Need?

Besides general liability insurance, most states also require that businesses with employees pay workers’ compensation insurance and state disability insurance. For specific requirements, read more about Insurance Requirements for Employers.

Depending on the nature of your business, you may also need auto insurance, home business insurance, alcohol liability insurance (if you sell or serve alcohol), product liability insurance, environmental and pollution insurance, and more. Read more about small business insurance requirements.

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Business liability insurance


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Business Insurance quotes, Public Liability Insurance, NRMA, business liability insurance.#Business #liability #insurance


Business Insurance

Protect yourself and your business against claims for negligent acts, which cause personal injury and/or property damage to others with Public Liability Insurance.

As a tradesperson you do a lot to protect yourself at work. Don’t forget to protect your business too. Our Business Insurance has the cover to do just that.

Are you a doctor, lawyer, accountant, architect, real estate agent or other type of professional service provider? Our Business Insurance has the cover to protect your business.

Business liability insurance

Other products we offer

Hobby Rural Farm

Save up to $75 when you buy Hobby Farm Insurance online.

Whether you’re a grazier, grower, dairy farmer or have a hobby farm, our Farm Insurance has the cover to protect your farm.

Retailers

Save up to $75 when you buy online.

Are you retailing goods or services? Our Business Insurance has the cover to protect your business.

Property Owners

Protecting Commercial properties you own now and for the future is easy. Our Business Insurance has the cover to protect your business.

Hospitality

Save up to $75 when you buy online.

You have a passion for making great coffee and creating amazing meals. Our Business Insurance has the cover to protect your business.

Motor Trades

Motor Trade Insurance is here to help mechanics, panel beaters, detailers and more. Get a quote from NRMA Insurance online

Domestic Services Repairs

Save up to $75 when you buy online.

If you provide services such as the local handyman, domestic cleaner, pet groomer, dressmaker or the like, our Business Insurance has the cover to protect your business.

Health Medical Services

Save up to $75 when you buy online.

Are you a doctor, veterinarian, dietician, osteopath, or offer a type of health or medical service? Our Business Insurance has the cover to protect your business.

Home Business

Nowadays more and more people are discovering the joy of working from home. Make sure you have the correct level of cover to protect yourself and your business.

Business liability insurance

Shannon is a builder who transforms interiors. He shares the opportunities and challenges that have come with running his own business.

Business liability insurance

Vicki is a chef and passionate about food. She talks about what she’s learnt about business since starting her own catering company.

Business liability insurance

Sevi is a florist who always wanted to have her own business. She explains about how long hours, finding great staff and having good insurance have helped her to success.

Download our free NRMA app

NRMA Insurance is a provider of car insurance, motorcycle insurance, home insurance, business insurance, travel insurance, boat insurance, caravan insurance, life insurance, income protection and security in NSW, QLD, ACT TAS. Get your insurance quotes today. For insurance in other states and territories visit SGIO in WA or SGIC in SA. NRMA Insurance is part of the Insurance Australia Group. Business address 388 George St Sydney, NSW (This address is unable to assist with enquiries) for any question or queries please contact us.

*National Roads and Motorists’ Association Limited ABN 77 000 010 506 (the NRMA) is a separate independent company from NRMA Insurance.

For more information about our products visit our sitemap. Insurance (except Travel insurance and Income Protection) issued by Insurance Australia Limited ABN 11 000 016 722 trading as NRMA Insurance. When making decisions about our insurance policies you should consider the applicable Product Disclosure Statement.

The Loyalty Discount replaces our previous discount structure, and applies to new eligible policies which commence on or after 16 March 2014, and renewing eligible policies which commence on or after 28 April 2014. For more details, please refer to the Premium, Excess Discounts Guide.

Visit our online terms and privacy security statement | Visit Money Smart for financial guidance from ASIC to help you make informed choices.


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Commercial – Business Liability Insurance #advertise #your #business


#business liability insurance

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Business Liability Insurance

Minimize Your Business Risks with Commercial Liability Insurance

Everyone makes mistakes, and unintentional accidents in your business may lead to injuries that can be physical, financial, or psychological. Anyone who comes in contact with you or your employees can file a claim or lawsuit against you for many reasons, from funds needed for ongoing medical attention to unfulfilled promises stated in a business contract.

Business Liability insurance helps your business stand strong through challenging situations by covering the associated cost of legal defense and legal damages you are obligated to pay, up to the policy limits selected. Connect with a Farmers insurance agent who’s an expert in working with business owners, and select from a wide range of options that fit your individual business insurance needs.

Many scenarios, one solid, customized solution

Your unique business faces a wide range of unpredictability, and Farmers Business Liability insurance can help businesses mitigate potentially devastating lawsuits. Coverage examples include:

Premises and Operations

A customer at the store you own trips over a fixture and sustains a significant injury from the fall. Bills for the hospital visits are submitted to you for payment. Farmers Business Liability Insurance can cover these charges, as well as the business owner, should he be sued by the customer for negligence.

Products and Completed Operations

The deck you built a year ago was flawed, causing a new building owner fiscal disaster. A legal notice appears in the mail informing you of a lawsuit. The case goes to court and your former client wins. Farmers Business Liability insurance can handle the defense costs and, if it comes to it, the legal damages for which the policyholder is responsible.

Cyber Liability and Data Breach

You don’t know why or how, but your computer system has been hacked. And now all your confidential business and customer data could be online, free to trade and impersonate. The least of your worries is finding the source of the data breach and repairing exposed computers. Your focus is now on damage control and possibly recovering stolen data. Fortunately, your Cyber Liability insurance coverage can help provide you with legal and forensic assistance, as well as free data security risk management services for your customers.

Employment Practices Liability

If you’ve been in business for a few years or operate in an industry with high turnover rates, you’ve likely hired many employees, whether temporary or full-time. The truth of the matter is that any of these employees can bring legal action against your business at any time. Farmers Employment Practices Liability insurance can help cover your business entity, directors, officers and employees if you are accused of wrongful termination, harassment, discrimination, and other employment-related offenses.

When it comes to liability, it’s not all business, either. If you own a sole proprietorship or partnership and don’t have Business Liability insurance coverage and your business income can’t cover the entire cost of a claim or lawsuit, the rest of the funds might have to come from your personal assets. In some situations, corporation owners can even fall victim to personal liability. Therefore, it pays to have liability insurance that’s right for your business in more ways than one.

Your Safety and Satisfaction are Number One

Not only does Farmers offer some of the best, personalized service and fast, expert claims handling in the business, but it also makes help available to your business to prevent incidents from recurring and/or mitigate potential future losses. Farmers has highly trained loss-prevention experts on staff who can guide you through educational safety programs and provide supporting materials designed to help improve employee awareness. Contact an agent to get more details today.

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