Many people who work in small business insurance say if you can only afford one type of insurance, you should get a general liability policy. It makes sense, because you don’t even need to have done anything wrong for someone to sue you these days. If you are looking for a general liability New York liability insurance policy in New York and want to make sure to get the best and cheapest quote by comparing several quotes in one place, CoverWallet may be a good option. Under some circumstances, officers and directors of a corporation may become personally liable for their actions on behalf of the company. At Thimble, we don’t currently offer insurance in the state of New York. With other providers, the cost of your business insurance likely depends on a variety of factors.
As a small business owner, there are certain bases you need to have covered before you can safely operate. In this guide, you’ll learn about the types of insurance you’re required to have, and some other coverage options to help you protect your business from potentially expensive claims. General Liability Shop does not sell leads like many other online websites offering general liability coverage in New York. Every agent on our staff gets over 150 hours of annual training regarding our business insurance products and programs. New York businesses that provide professional services, such as consultation or accounting, should consider this coverage. It protects against claims of professional negligence, both actual or alleged, and helps pay for defense costs.
At the time this was a valid thought process and valuable protection for the workers in the construction industry. A good construction insurance broker will ask about the type of construction projects you work on, where, how big and for whom, and will make appropriate insurance recommendations based on YOUR business. Remember your construction insurance policy is only as good as the language included within. Sports and FitnessLearn about New York sports & fitness insurance policies and what they cover so that your customers, employees, and equipment are protected.
Experience the total flexibility of your policy anywhere, anytime, in an instant. Get the Thimble App and experience the total flexibility of your policy anywhere, anytime, in an instant. 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. Property Damage– damage caused by you or an employee to someone else’s property.
Please remember, this does not pay for their auto, just for your liability. Small businesses usually pay around $2,100-$3,500 a year for commercial auto insurance coverage. New York is a high-risk commercial auto state, with annual premium as high as $10,000. Out of 1,000 points, they earned 868, which takes into account price, products offered, customer service and claims. They have fourteen industry specialties to choose from, with a wide range of business insurance products.