What Is Commercial Liability Insurance?
In today’s high-risk business world, it’s more important that ever to have a watertight commercial liability insurance policy in place. But what exactly is commercial liability insurance and how do you know where to find the right insurer for your business?
Business Insurance (image source and credits)
Looking after what’s really important
If something is valuable to you, such as your home or your car, then you have it covered by an insurance policy. After all, that’s why you have life cover. Your business should be no different. In fact, your business is one of your biggest asset, so that means taking out a commercial liability insurance plan to protect it.
Commercial liability insurance protects your company against many risks that your business may encounter, such as third party claims for injuries and damages, as well as in-house claims from employees. If required, it can also include premises liability.
- Claims for damages from visitors to your premises
- Employee claims for injury
- Inadvertent damage caused by work completed by the company
- Company property
- Legal fees
Clearly, costs and damages resulting from claims of this nature could amount to thousands of pounds, so you can see just how important it is to make sure you’re covered.
Hiscox Commercial Liability Insurance
With a policy from Hiscox Commercial Liability Insurance, not only will you get cover for all of the above, you’ll benefit from expert advice that could make all the difference in the event of a claim. This is because Hiscox Commercial Liability Insurance is directly tailored to the needs of your business. The result is you get the exact cover your need. You can even combine your policy with another form of insurance, which could result in a lower premium and better cover.