Category Archives: Commercial Package Policy

New Jersey errors and omissions

Getting the Most Out of Your E&O Coverage

When you are running a professional firm, your clients are entrusting a significant portion of their well-being to you. While mistakes can happen to anyone, when they occur in a professional setting, they tend to have far reaching consequences and may result in claims against your firm.

Assessing Likely Risk

If you are an attorney or an accountant, errors can result in serious financial losses. Architects, builders and engineers are aware that incorrect filings, plans or designs can compromise the safety of the client’s structure and can lead not just to monetary loss but also to property destruction and even personal injury.

How to Tailor Your Policy for Optimal Coverage

When choosing a New Jersey Errors & Omissions policy, speak with your provider about the specific types of risks that you face in order to ensure that your coverage is sufficient. While an accountant has little reason to worry about a personal injury action based on professional negligence, such a claim presents a significant risk for a builder. Other factors include the size of your firm, the qualifications of your personnel, the safeguards and compliance protocols you have implemented to prevent errors, your typical client population, the location of your premises and more. An experienced insurer can provide an optimally accurate risk assessment and advise you as to the best policy for your firm.

omissions insurance for insurance agents

What Can Omissions Insurance Assist With?

Even insurance agents need insurance. If there is ever an oversight with a client’s claim and that client sues, the agent could need to pay quite a bit in legal fees. That is why omissions insurance for insurance agents is a protection worth getting, and it can pay for quite a bit.

Legal Fees

Going to court and hiring an attorney can cost a pretty penny. That is why omissions insurance helps with covering all legal expenses. This includes attorney fees and court fees such as document filing.


It is an unfortunate prospect to consider, but there is always the possibility that you will go to court and lose. Settlement amounts can vary greatly, but with a comprehensive insurance policy, your insurance can help cover a good amount of the settlement.

Any Additional Administrative Costs

Lawsuits are intensive and detailed. There are numerous papers you may need to photocopy, ship or process. All those little fees add up quickly, but your policy may help cover some of these minor expenses.

While no one ever wants to actually use their insurance policy, you definitely do not want to be caught without it just in case something does come up. Omissions insurance for insurance agents is available, and you should speak with a professional to learn more about it.

restaurant insurance in Tennessee

What to Do in Addition to Obtaining Liquor Liability Insurance

If your restaurant serves alcohol, then make sure the insurance policy you get comes with liquor liability. Numerous companies offer restaurant insurance in Tennessee, so it is definitely easy to get. You just need to ensure that you are covered in the event something bad happens as a result of someone getting overly intoxicated.

Make Sure Your Bartenders Are Skilled and Experienced

One of the things all your bartenders should be skilled in is determining when a customer has had too much to drink. Bartenders should also play a role in ensuring that someone who is far too drunk is not allowed to drive. Make sure everyone you employ is fully certified so that you can trust them with these responsibilities.

Always Check Every Patron

Whether you have your bartenders check I.D. or if there is someone at the door checking, you need to make sure everyone you serve alcohol to is over the age of 21. You may face a hefty lawsuit if it is determined that your establishment served minors.

These actions will prevent any problems, and if all goes well, you may never need to rely on your liquor liability insurance. However, it is always preferable to have restaurant insurance in Tennessee just in case, so do not get caught without it.

A Cohesive Commercial Package Policy in Maryland

Commercial liability insurance is a must for any business, and many companies need more than one type. Having to juggle all of the different varieties of necessary liability insurance can be difficult and confusing, but there are solutions. A commercial package policy in Maryland can help unify all of the different areas to insure into one cohesive policy, saving your business money and simplifying the whole process.


Complete Coverage Analysis


When you get a package liability policy, a quality insurance company will look at the risks your operation faces and analyze your existing insurance to determine if you are adequately protected. They may suggest higher or more diverse coverage to help protect your business from any risks that it faces. Then the existing and enhance coverage can be blended together into a custom liability policy that fits your business perfectly.


Types of Insurance


A package policy might contain a number of different kinds of insurance. For example, it can include professional liability, general liability, liability for employment practices, pollution liability,  directors and officers insurance, or umbrella and excess liability. This can protect your company from being sued for a variety of reasons. Your business might need some or all of these types of liability coverage depending on its risks.


Trying to take care of many different types of liability insurance can be daunting, but a package policy can simplify matters. A commercial package policy in Maryland is a good way to protect your company.