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Professional Liability insurance protects professionals from a variety of mistakes. This may include a client suing your professional employees for claims of negligence. This could be for poor professional advice or failure to meet the terms of a contract. The insurance will cover any legal expenses when you are sued for a mistake in your services.
General Liability will protect your business's assets to pay for medical costs, property damage, and lawsuits for advertising mistakes (i.e. libel or slander). The insurance also covers the cost of your legal and any settlement or award when you are successfully sued.
Your business may store, send or receive electronic data. The data could be client information like credit card, tax, sales, and other information. If the data on your business's computer is lost, stolen or compromised, the cost of restoring can cost a lot. Cyber Liability insurance will cover the financial loss from data breaches, customer notification, and other related costs.
These businesses provide support and on-site management of facilities. Part of this industry is data processing, facilities support, and computer systems.
Bad things can happen, even to the most conscientious business owners. Even if you have a fortunate amount of financial resources, your business won't be able to survive. Piles and piles of lawsuits may come your way and any business won't last without insurance.
There are many risks computer facilities services can face. Here are some:
There are many factors that influence the cost of insurance for every business. Most insurances will ask for your financial capability, a number of employees and other factors. To give you an idea, here are some of the average price of the common insurance policies:
CoverWallet utilizes state of the art technology to help small businesses understand and buy customized coverage, get significant savings and conveniently manage their insurance, in a matter of minutes, all through our online platform.
You wanted better protection and cheaper pricing. So did we. We baked that dream into everything we've set out to accomplish in building our award winning platform.
We have one! How much could we have really improved the insurance purchase process? Try us! We ask only the questions you need to answer, nothing more.
We've built all our fancy tech from scratch, which allows us to get you certificates on demand, free of charge, and for us to find you savings.
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