General liability and workers compensation insurance quotes

General Liability

As a business owner, every transaction you complete can result in either a profit, or a risk. Protecting your business from the impact of potential customer lawsuits should be the first order of business. And while only a precisely crafted liability insurance policy can shield your business from this expense and stress, it’s usually the last thing business owners handle.

What does business liability insurance cover?

Liability insurance covers the costs of legal fees, including court costs and the resulting award, if any is made. Imagine the peace of mind you’d have being free from worry about the attorney costs as the liability case grinds on—and if you’ve got something to take, the plaintiff’s attorneys will often make sure it does.

Liability insurance is appropriate for any business that could face potential lawsuits. There are four distinct types that you may need, depending on your business, and your tolerance for risk of financial loss:

• Professional Liability
• Commercial General Liability
• Directors and Officers liability
• Commercial Crime Business Personal Property
• Business Owner Property (BOP)

There are other risk that may be covered, including:

• Bodily injury should a client trip and fall over your briefcase, or lose footing on a slippery floor, and you’re found legally liable for their injury.
• Property damage and data loss should you accidentally spill coffee on a client’s server that causes data loss, or a tree falls on their car in your parking lot.
• Personal injury should an employee talk to a fellow employee of the shop about one of your clients in a false and unflattering way. The client learns of this discussion and sues for slander. We will cover the subsequent claim, up to your General Liability policy’s limits of liability, and pay for an attorney to defend you if necessary.

Workers Comp Insurance

Keeping your employees safe at work is important to most business owners. But when a worker does suffer an injury, workers compensation coverage provides your employees with protection they need, and provides you with peace of mind that they’ll be covered.

For more information on Workers Compensation Insurance check out this information from the NC Dept. of Insurance.

Protect your business..  Ask about different types of insurance for your and your staff.  Let us customize a plan that fits your exact situation.  A little planning today could save a lot of time in the future.  We are here to help.

Workers compensation insurance, also known as workman's comp insurance or simply workman's comp, can help if:

• An employee is injured in an auto accident while running errands for the company
• An associate develops carpal tunnel syndrome from working on the computer
• An employee gets hurt while restocking the supply room

How does workers’ compensation insurance work?

Workers’ compensation is meant to protect both employers and employees should an illness or accident arise while on the job. Each state has its own rules and regulations that employers must follow to ensure that proper coverage will be provided for injured employees.

Employees filing claims for workers’ compensation insurance can only do so if their injury or illness is caused by their duties while on the job. Common examples include injuries that have resulted from a slip or fall, a strain on the body from heavy lifting, or an accident while operating machinery.

How much workers compensation do I need?

See what other companies in your industry typically choose for coverage.

Find your type

Adding endorsements

You can enhance a basic policy with additional commercial liability insurance options that meet the specific needs of your business.

Who is covered by workers’ compensation?

Almost every state requires companies to carry workers’ compensation insurance to cover employees, but the laws vary by location and occupation. Some states will not cover seasonal employees, independent contractors, or agricultural employees, so it’s best to contact your state’s government agency to see if you are protected.

What doesn’t workers’ compensation cover?

Workers’ compensation insurance usually will not cover accidents that are a result of an employee being under the influence of drugs or alcohol. Coverage may also be denied for injuries caused intentionally or where an employee was not following proper protocol. Accidents that occur while at home or commuting will not be covered.

How much does workers’ compensation insurance cost?

Rates for coverage will depend on your state and payroll. Two other important factors that determine cost are the type of work your employees do, as well as any previous claims and workplace accident history. Talk to a Nationwide agent to learn more about specific coverage for your company.

What is the difference between workers compensation and general liability?

Does general liability cover your employees?

How much is workers comp in Florida?

How much is workers comp insurance in NC?