Insurance for Business Support Services

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Frequently Asked Questions

Why do Business Support Services need insurance?

Establishments in this industry provide several functions for businesses, including repossession for creditors, remediation and cleaning of land and polluted sites and buildings, document copying services, delinquent payment collections, and barcode printing services.

Your business needs insurance as it is your first level of defense when it comes to protecting your business assets. When a covered risk occurs, like for example your business faces a lawsuit, the insurance will cover the expenses for defense, court and other related costs. This means that your business assets and even personal assets are covered.

What risks do Business Support Services face?

Your business faces a lot of unique risks. Below are some examples:

  • You have provided information to your client's customer that is way beyond the expected information. This causes your client to suffer financial losses. They later filed a claim against your business for that.
  • There is a mistake in the billing procedure where you charge a client more than the agreed cost. Your client then files a lawsuit for the mistake which causes your client to lose a lot of money.

How much does insurance for Business Support Services cost?

There is no fixed cost of insurance for business support services as there are several things to consider before insurance carriers will determine the cost. If you want to find out the cost of insurance for your business quickly, simply apply online to get a free quote or talk directly to our insurance experts.

Are You Ready to Get Covered?

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