Why Small Businesses Need General Liability Insurance

You may think that one way to minimize expenses in your small business would be to eliminate your general liability insurance. However, this type of policy is usually quite affordable, and it protects you from losing substantially more money in the future. Here is an explanation of why you should keep this coverage.

What It Covers

General liability provides protection from personal injury lawsuits brought by members of the public who get hurt while on your property. It also would pay your legal bills if someone were to accuse you of copyright infringement; therefore, it’s a good idea to have this policy in place, even if you work from home and do not see clients regularly.

How Much It Costs

General liability is less expensive than most people imagine it to be. Depending on the details of the policy, many small businesses pay between $30 and $50 per month. This premium is actually quite low when you consider that an average attorney charges between $100 and $400 per hour to represent you in court, on top of court fees.

When your main source of income is a small business, you learn to cut unnecessary expenses. However, your general liability insurance policy is not something you can do without.

Cargo Insurance for Semi Truck Owners

Big rig owners carry heavy loads over dangerous roads in all types of weather throughout the year. Along with hours on the road hauling the freight can come risks to yourself and your loads. As a driver or truck owner, you can easily protect yourself from problems with the cargo by purchasing insurance for semi-trucks. Here are a few of the many reasons to obtain the coverage.

Liability Insurance

When you store freight in a storage unit or warehouse, you need to protect the goods and yourself with liability insurance. Your policy can be tailored to meet your needs with specific

  • Provisions
  • Consolidations
  • Blankets

All you need to do is specify the amount of liability you agree to assume.

Cost Protection

The cost of insurance is much less expensive than losing a load of electronics or heavy equipment. With the number of accidents that occur each year involving big rigs, it is essential to protect yourself with truck cargo and freight insurance.

Risk Coverage

How you operate, the loads you carry, and the time you spend on the road are all part of the risk exposure you operate under each day. Communicate any concerns about exclusions or coverage to your insurance broker to create a policy that fits your needs.

Complete Security

To provide adequate insurance for semi-trucks you drive or own, protect yourself with a cargo policy and liability insurance policy. Make the phone call today to better understand what coverage is available.