ATV insurance can protect your finances in the event of loss, damage, accident, injury or theft of your vehicle…. Liability coverage will cover the costs of bodily injury and property damage up to a determined amount if you cause an accident.
This coverage would come in handy to cover damages to others or other’s property that a driver (of the golf cart) would cause while operating said cart.
An umbrella policy is extra liability coverage (an additional layer) that goes beyond the limits of the insured’s home, auto, or watercraft insurance policies. Umbrella policies could come in handy to individuals that are at risk for being sued for damages to other people’s property or injuries caused to others in an accident.
More commonly known as errors and omissions (E&O insurance), is a special type of coverage that protects companies, their workers, and other professionals against claims of inadequate work or negligent actions.
Many types of business insurance are optional. However, while it may not be required by law, a property and casualty insurance policy is highly recommended for all business owners. Further, your landlord or lender may require you to carry property insurance to protect their investment. Commercial property insurance protects your company’s physical assets from fire, explosions, burst pipes, storms, theft…
A commercial umbrella policy would come in handy when the business’ limits were exceeded on the business’ primary insurance policies, such as general liability. Most umbrella policies offer an extra $1 million in coverage.
Any business owner would benefit from a commercial auto insurance policy. Cars trucks, or vans used by that business for the business should have liability and physical damage protection for said vehicles.
Independent business owners for example independent contractors, have the same legal obligations and liability dangers as large businesses. They can be sued for damaging client property, causing bodily harm, or advertising injury. General liability insurance helps cover legal fees and damages resulting from a lawsuit.
