Courtesy of iii.org Do you or your business provide professional services or advice to other businesses or individuals? Could your counsel or service lead to losses by your client for which you could be held responsible? If so, you’ll likely want to purchase professional liability insurance, also known as errors and omissions insurance (E&O). Claims not covered by general liability insurance that are covered by professional liability insurance include negligence, misrepresentation, violation of good faith and fair dealing, and inaccurate advice. What types of businesses need professional liability insurance? In some states, professional liability insurance is required, especially for attorneys and doctors. Legal and medical malpractice insurance policies are special types of professional liability insurance. Other professionals that should consider professional liability insurance include: Accountants Architects Engineers Graphic designers Information …
2020 Hurricane Insurance Guide
Courtesy of iii.org Hurricane season takes place June 1 – November 30 every year. Don’t wait until after you have a loss to check your insurance—review your homeowners or renters policies to make you have the right coverage in the event you're hit with a destructive storm. Make sure your home's structure has adequate coverage Standard homeowners insurance covers the structure of your house for disasters such as hurricanes and windstorms, along with a host of other disasters. It's important to understand the elements that might affect your insurance payout after a hurricane, and adjust your policies accordingly. Check your homeowners policy limit and make sure the amount is enough to rebuild your home – The cost of rebuilding or extensively repairing a home is dependent on a number of factors—and, remember that the real estate value of a house is notthe same as the cost to rebuild. Therefore, it pays to understand in detail what it will cost to rebuild in the event your …
Insurance Guide Hurricane Season 2020
Courtesy of iii.org Hurricane season takes place June 1 – November 30 every year. Don’t wait until after you have a loss to check your insurance—review your homeowners or renters policies to make you have the right coverage in the event you're hit with a destructive storm. Make sure your home's structure has adequate coverage Standard homeowners insurance covers the structure of your house for disasters such as hurricanes and windstorms, along with a host of other disasters. It's important to understand the elements that might affect your insurance payout after a hurricane, and adjust your policies accordingly. Check your homeowners policy limit and make sure the amount is enough to rebuild your home – The cost of rebuilding or extensively repairing a home is dependent on a number of factors—and, remember that the real estate value of a house is notthe same as the cost to rebuild. Therefore, it pays to understand in detail what it will cost to rebuild in the event your …