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What Is A Certificate Of Liability Insurance (COI)?
A certificate of liability insurance is proof that you possess liability insurance coverage. This document describes the types of liability coverage you have; it also details the coverage and provides information about the insurance company issuing the coverage.
What Insurance Policies Protect You From Legal Liability?
Even if you take every possible precaution with your business, you can still find yourself on the wrong end of a costly lawsuit. The best way to protect yourself and your business from the most devastating legal liability is to identify your greatest risks in your business, and purchase an insurance policy that will cover those exposures.
Are General Contractors Responsible For Subcontractors?
In short, general contractors are responsible subcontractors in both a professional and legal sense—and that working relationship will often link their fates in the case of a lawsuit. If you’re worried about the risks that implies, there are ways to protect yourself, whether you are the general contractor or subcontractor.
Subcontractor vs. Independent Contractor: What To Know
The terms subcontractor and independent contractor are often confused or misused. To protect yourself and your business from risk, it’s important to know the key differences and how your dealings with each should be structured.
What Insurance Do Grocery Stores Need?
Grocery store owners have to deal with more claims than most other business owners—it’s simply a part of their day-to-day. You need insurance to cover the various liability claims that happen in your store and protect the large investment you have in inventory.
Independent Contractor Agreement Sample + 3 Things To Keep In Mind
Hiring independent contractors is a popular way to do business. It is important to establish a contractual relationship with you 1099s to clarify their responsibilities and lower the risks of hiring them to work with you.
Legal Liability: What It Means & How It Works
You are deemed to be “legally liable” when you lose a civil court case to another individual, and the court determines you owe that person compensation. Here is what you need to know and how to protect yourself.
Commercial Real Estate Insurance: 6 Property Coverages You Need
A well-thought-out insurance policy can protect your professional and personal investment in the buildings that you own. Here are the most important things to know about insurance coverage for commercial real estate property owners.
What is Negligence? (And How It Works)
Negligence is accidental harm that arises due to a failure on your part to prevent the harm. Negligence is made up of four legal elements: duty, breach, causation, and harm. Unlike with criminal acts or intentional torts (such as assault and battery or false imprisonment), you don’t intend to commit a negligent act.
What Insurance Coverages Do Commercial Landlords Need?
Landlord insurance policies, commonly called lessors risk policies, provide liability and property coverage for building owners who lease part or all of a building they own. Here is what you need to know about the insurance coverage needed to protect yourself.