With owning a business comes risk. Whether it is warranted or not in today’s society businesses are at constant risk of a lawsuit. With that can come the cost of legal fees that can ruin some businesses. Having the correct liability insurance in place can alleviate this risk.
There are four main types of liability insurance:
- • Professional liability
- • Business liability
- • Personal Liability
- • Public liability
Another thing to consider when getting liability insurance is a commercial umbrella policy to protect your personal assets from a business lawsuit.
At Lydon & Murphy we take the time to sit down with our clients and lay out all the possible exposures. We then put together a package that will protect our clients in the event of a loss.
If you are interested in Liability Insurance or have any questions please contact us and we will be happy to help!