Even if you take every precaution to remove all possible hazards from your business, you still could be sued for accidents resulting from the carelessness of any visitor. That is why Business Liability Insurance is a must.
Yes, you can protect yourself and your business from financially devastating claims that may occur because of events over which you have minimal control. Business Liability Insurance serves to protect against the unknown risks posed by products, directors & officers, errors & omissions, discrimination and other such liabilities.
Britannia Insurance Group provides Business Liability Insurance from top-rated insurers to Manufacturers, Wholesale, Retail, Services, Transportation, Construction, Commercial Real Estate, Contractors, Restaurants, Hotels, Apartments, and many other businesses in Virginia. We have the experience and the necessary resources to analyze and recommend the correct amount of Business Liability Insurance for your small business.
Protecting your Assets and Liabilities
Our exposure analysis identifies your business’ risks and recommends the optimal blend of insurance coverage and risk management. This generally involves a combination of:
- Workers Compensation
- Property Liability
- Business Auto Insurance
- and More
Business Liability Insurance Features
Business liability insurance coverage insures your business in the event of accidents and injury that might occur on your premises and exposures related to your products. It will protect your business from possible huge payments for bodily injury or property damage to a third party and for medical expenses resulting from the underlying incident. It will also absorb the cost of defending lawsuits that may include investigations or settlements, and for any judgments or bonds required during an appeal.
What You Need to Know About:“EPLI”
Employment practice Liability Insurance can protect you and your business from events that are not covered under most general liabilityinsurance policies such as:
- Discrimination (failure or refusal to hire or any other wrongful treatment of people based on their race, sex, color, religion, sexual orientation, age, disability or other status that is protected by federal, state, or local statute or ordinance);
- Harassment (of either a sexual or non-sexual nature); and
- Wrongful Termination (any actual or alleged wrongful dismissal, discharge or termination of employment, including breach of contract).
Your reaction to bad behavior may be completely justified; it may even be a smart business decision that would appear to be beyond reproach. But, if you’re challenged, and you have to go to court to defend yourself, you’re on your own unless you have Employment Practices Liability Insurance. And the cost of defending these claims can be HUGE! In Fact In Most Cases The Cost Of Defense Is The Greatest Cost!
What Should You Do Next?
Regardless of whether you’re a small contractor, large employer or a small business owner, Britannia Insurance Group can provide liability insurance coverage for your business at an affordable cost.
Britannia Insurance Group serves families and business owners in Northern Virginia for all their insurance needs. Our mission is to educate consumers about insurance products and how they work. We go to work for you by doing a thorough analysis of your unique situation and needs before recommending solutions. We evaluate carefully all the insurance carriers we represent and find ones that fit your needs based on the coverage they offer as well as the price.
Do I need an insurance agent now that I can do it myself using the internet?
Living in the technology age has changed the way we all live our lives. Industries are being created and others are being rendered a thing of the past, Insurance is involved in all of those changes while it undergoes changes of its own. Insurance is a contract between a company who guarantees compensation for specified loss, damage, illness or death in return for payment of a premium. Some insurance policies are mandatory like car insurance while other types are voluntary like life insurance. To navigate through the choices and decisions involved you can choose to do-it-yourself or hire the services of a professional. I am all for taking on certain D-I-Y projects like cutting your own grass or hanging ceiling fans but hiring a professional insurance agent is one choice I highly recommend.
Why should I hire an Independent Insurance Agent?
Once you decide to hire a professional insurance agent, the next decision is whether to go with a Captive agent or an Independent one. Captive agents represent one insurance company and all the products that they offer. The Independent agent represents multiple insurance carriers and can shop around with those carriers as they compete with each other for clients. There are great insurance agents in both categories and choosing one is a personal preference. The biggest difference is when the policy has been in place for a couple of renewals and the premium starts increasing. An independent agent can shop around for you with other carriers if your rates start increasing by too much and the relationship can remain in place. Captive agents do not control rate changes that happen from their companies and so do not have this option. Building strong relationships with our clients is what sets Britannia Insurance Group apart from our competition.
Why Britannia Insurance Group?
- Inquiry – We pride ourselves on asking great questions and the more information we collect means the better advice we can give you.
- Integrity – Doing our best for every client by being honest and transparent during the process of working together.
- Dedication – Educating clients about the insurance coverage they need and coverage options they can choose from to customize policies that fit their unique needs.
- Philanthropy – Giving back to our community is an essential part of who we are. By giving back to the community through volunteering and donating part of the company profits we strive to do our part in building stronger communities.
Britannia Insurance Group is a full-service insurance agency providing Commercial Insurance and Personal Insurance services to Virginia, Maryland, and D.C. Call, request a quote by email, or visit us at our office today for a free, no obligation risk assessment and quote. Let us do the research and find the best value for the Business Liability Insurance you need.
Insurance for Different Business Types
On the right sidebar of this page, we have include links to a number of business insurance resources. Click on any of the different business types to learn more about the insurance coverages for that type of business. Please call one of our commercial insurance agents at Britannia Insurance Group for any assistance.