Remove Compensation Remove General Liability Remove Injury
article thumbnail

Business Owner’s Policy for Restaurants

Distinguished

A Business Owners Policy, commonly known asa BOP bundles essential protections like property, general liability, and liquor liability into one streamlined solution. General Liability Coverage Restaurants are high-traffic spaces.

article thumbnail

Blog Post: The Long Tail Bites Back: When Old Policies Haunt New Problems

LexisNexis

Allocation of Latent Injury and Damage Claims State Law Survey Examine the method adopted in each of the 50 states and the District of Columbia of allocating damages for latent bodily injury and property damage claims, which are also called long tail or continuous injury or damage claims.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

How Do You Know What Commercial Insurance Products Your Business May Benefit From?

Paragon Independent Insurance Agencies

It helps cover accidents, repairs, and liability claims, ensuring your business isn’t financially burdened by unexpected incidents. Beyond vehicle coverage, you may also need general liability insurance, which protects against third-party claims for injuries or property damage during business operations.

article thumbnail

The Ultimate Guide to Office Insurance: Protecting Your Business Assets

Protect Commercial Insurance

. – Public Liability Insurance : Protects against claims made by third parties for injuries or damages occurring on your office premises. – Employer’s Liability Insurance : Required by law if you employ staff. It covers compensation claims from employees in case of workplace injuries or illnesses.

article thumbnail

Insurance for Apartment Building Owners: Protecting Your Client’s Investments With the Right Coverage

Distinguished

For example, a resident suffered severe injuries a fractured tibia and fibula after slipping on black ice while walking to her car. General liability : Covers the costs of fighting litigation plus covered damages that might come from it. We offer coverage up to a limit of $1 million.

article thumbnail

Best Landlord Insurance In West Virginia For Your Rental Property!

Simply Insurance

This implies the policy will pay for only those events expressly included in the coverage wording, and your insurance coverage will not compensate for anything else. Water Fire Windstorm & Hail Lightning Lawsuits Vandalism & theft Riot and civil commotion Injury Does Homeowners Insurance Cover Rental Properties?

article thumbnail

Best Landlord Insurance In North Carolina For Your Rental Property!

Simply Insurance

This implies the policy will pay for only those events expressly included in the coverage wording, and your insurance coverage will not compensate for anything else. Water Fire Windstorm & Hail Lightning Lawsuits Vandalism & theft Riot and civil commotion Injury Does Homeowners Insurance Cover Rental Properties?