Your personal auto insurance policy doesn’t cover your vehicle uses for business. Your personal auto insurance company will refuse the claims if they learn that you use the vehicle for business purposes. Learn morethe differences between commercial auto vs. personal auto insurance and why small businesses need commercial auto insuranceandthe best commercial auto insurance companies in New York. In addition to standard bodily injury liability coverage, New York also requires you to have uninsured motorist bodily injury coverage. New York General Liability insurance, along with your property and work comp policies, protects your business if you’re sued for personal injury or property damage. A typical policy will cover those accidents or damages that occur on-site or as a result of using goods or services sold by the company.
Personal Injury– libel, slander, copyright infringement, invasion of property or privacy, wrongful eviction, false arrest and similar acts that cause damage to a person’s reputation or rights. “”Raynaldo made quick work of things. I told him what I needed, and ultimately I had a certificate of insurance in a matter of hours.”” “”I had an urgent contractual requirement for New York liability insurance in December to pay before the end of the year. Holly Burton worked with The Hartford to send me an invoice around Christmas. I have saved hundreds in taxes.””
If your business is ever sued or held legally responsible for some kind of damage or medical injury, then having general liability insurance can prevent the lawsuit from turning into a financial disaster. This type of insurance pays losses arising from damage to others’ property, real or alleged bodily injury, and personal injury that occurred on your property or as a result of your business operations. It may seem obvious that a vehicle owned by your business should be insured for both liability and physical damage. What is less obvious is that you may also need special insurance, called non-owned automobile coverage, if you or your employees use your personal vehicles on company business. This policy covers the business’s liability for any damage that may result from such usage. Do you realize that if you send an employee out to pick up pizza for the crew and he/she gets in an auto accident, your business could get sued even if the vehicle is not company owned?
It’s popular among owners of small to medium-sized businesses who rent or own the building in which they do business. These policies are required everywhere in New York, from Rochester to New York City. To find out more about these, as well as other business insurance products and services, call us and we’ll help make sure you’re properly covered. This form of insurance provides you with protection against liability risks such as products-completed operations, premises and operations, and indirect/contingent liability. In today’s litigious society, it is a mistake to forgo this vital form of security. If your business operates in NYC especially the Bronx it gets even worse.
Back in May of 1885, the state passed New York Labor Law 240, this was done at the time to protect workers from injuries while working on the skyscrapers of the day. At the time this was a valid thought process and valuable protection for the workers in the construction industry. General Liability insurance for contractors is an essential part of your insurance program.
Being covered means you can focus on growing your company without worrying about expensive insurance claims. The state of New York requires all businesses with employees to carry workers’ compensation. Coverage may be purchased through a private insurance carrier or through the state’s private insurance fund. This agency is responsible for regulating all insurance policies sold in the state, including commercial liability coverage.
Talk to our team about the insurance and risk management tactics you can use to keep your data safe. Property Damage – Damage to your clients’ property or any other property during your work is something that you will be responsible for. An example of this would be you are working inside a client’s home replacing cabinets and damage the flooring.