Insurance for Office Machine Repair and Maintenance
Best in class insurance partners
What Insurance Do Office Machine Repair and Maintenance Need?
Employment Practice Liability Insurance, or EPLI, protects you from employment-related claims. If you're accused wrongful termination, discrimination in hiring or firing or workplace harassment, EPLI covers your defense and settlement costs.
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.
Workers Compensation covers your employees' medical costs and lost wages while recovering from a work-related injury or illness. The employee gives up the right to sue your company in return for receiving cash and benefits from Workers Compensation. In some states it’s mandatory for businesses!
Business Owners Policy (BOP) protects you from business liability and property damage at a lower cost. BOP covers claims resulting from fire, theft & disasters. BOP also covers claims of bodily injury or property damage during your business operations.
Frequently Asked Questions
Why do Office Machine Repair and Maintenance Businesses need insurance?
In this industry, workers are committed to maintaining and repairing office equipment such as computers, office machines, photocopying machines, and typewriters.
Insurance is a great way to manage risks. When you buy insurance, you transfer the cost of potential losses to the insurance company in exchange for a monthly fee or a premium. This saves your business from having to spend a huge amount of money for a medical responsibility, lawsuit or any unexpected risk that you encounter.
What risks do Office Machine Repair and Maintenance Businesses face?
Office machine repair and maintenance businesses face plenty of unique risks. Below are some examples:
- The copy machine your business just repaired broke down again, but this time it has caused someone to suffer injuries.
- Your employee got sick because he accidentally inhaled the toner powder being replaced.
- Your business promoted an employee. Another employee complains because he believes that he should be promoted first. This causes your employee to file charges against your business.
How much does insurance for Office Machine Repair and Maintenance Businesses cost?
The cost of insurance for office machine repair and maintenance businesses is usually based on the coverage needed and the set amounts you prefer. The size of your business and the number of employees you have, also affect the insurance costs. If you want to find out the cost of your insurance policies, simply apply online to receive a free quote in as fast as five minutes or talk directly to our customer service representatives.