Commercial Auto Insurance covers your cars, trucks, and vans used in your business. It covers the costs from vehicle damage in collisions, theft, vandalism and weather damage. It also covers medical expenses for to injured parties.
General Liability Insurance protects your small business against claims of third-party bodily injury and property damage, reputational harm and advertising injury. It covers medical bills, repair costs & legal fees.
Professional Liability Insurance (or E&O Insurance), protects your small business from claims of mistakes, negligence or malpractice made when providing your services that caused somebody financial loss. PLI covers your legal defense costs, damages and settlements.
Business Interruption Insurance protects your small business if impacted by a covered risk. It'll cover the costs in replacing lost income and paying for additional expenditures. Also known as Business Interruption Coverage, this policy is usually part of your BOP (Business Owners Policy).
Why do Media Representatives need insurance?
The establishments categorized under this industry sell media space or time for media owners. Examples include newspaper advertising, radio advertising, publishers advertising, and television advertising representatives.
Media representatives need insurance to protect the business from many known and unknown risks. Bad things can happen even to the best businesses. That is why you need insurance. When faced with a costly and time-consuming lawsuit, for example, you could end up spending a lot of money on attorney fees and court payments. But with insurance, these payments are covered as long as they are within the coverage of the insurance policy.
What risks do Media Representatives face?
Media representatives face a unique set of risks, below are some of those:
How much does insurance for Media Representatives cost?
The cost of insurance for media representatives usually relies on the size of your business, the coverage needed, the number of employees you have and other factors. To find out the cost of insurance for your business, apply online to receive a free quote in as fast as five minutes or talk to our insurance experts.