Liability insurance is an important component to commercial insurance for your small business. The idea of possibly being sued can be very frightening to a small business owner and could have disastrous consequences for your business. Liability can provide protection and give you peace of mind.
Liability refers to your responsibility to pay for any damages your company may have caused. Liability insurance covers you for the claims and damages you are liable for. General business liability insurance can cover many types of things. It can cover the cost of lawsuits, including your legal defense and any damages you're ordered to pay. You choose how much liability coverage your company will have and you can also select optional coverage for things like product and professional services liability. It can get a little complex, so it’s important to work with an insurance company who has experience in this type of coverage.
Koch Insurance is here to help! The professionals at Koch Insurance can help you assess your company’s needs and create the right insurance policy for you that will offer the protection you want. You don’t want to leave the future of your business to chance, and you certainly want to protect what you have built. A comprehensive insurance plan including liability insurance will leave nothing to chance and your business can continue to grow with peace of mind.