California Low Income Health Insurance
Protect your stuff with property liability
Property liability covers all the physical things you own within the property you define as covered by the insurance policy. Naturally, the more objects you own within the property, the higher your premium will be. Particularly expensive pieces of equipment such as payloaders, backhoes, and high-end computers can all drive up your premium as well, but you may be grateful for your coverage if your building is hit by a fire, for example. Also, most property liability insurance policies not only cover the cost of the items themselves, but may also provide money during the time you are rebuilding your company.
Protect your business with liability insurance
In case anyone incurs an injury at your place of business, you should be safe as long as your business has liability insurance. This sort of insurance is designed to protect your business in case someone incurs injury or damage to property in situations where your business is clearly at fault (and sometimes, even if your business is not at fault). For example, if you own a Web site and are being sued by another similar Web site for copyright infringement, your liability insurance will defray the cost of legal expenses.
On the whole, both kinds of insurance are important for keeping your business safe and sound. Just be sure to declare your assets honestly and faithfully. If you overvalue your assets, it will mean a very expensive premium. If you undervalue them however, you may not get enough coverage. Remember, insurance fraud is a crime punishable by federal law.
Protect your stuff with property liability
Property liability covers all the physical things you own within the property you define as covered by the insurance policy. Naturally, the more objects you own within the property, the higher your premium will be. Particularly expensive pieces of equipment such as payloaders, backhoes, and high-end computers can all drive up your premium as well, but you may be grateful for your coverage if your building is hit by a fire, for example. Also, most property liability insurance policies not only cover the cost of the items themselves, but may also provide money during the time you are rebuilding your company.
Protect your business with liability insurance
In case anyone incurs an injury at your place of business, you should be safe as long as your business has liability insurance. This sort of insurance is designed to protect your business in case someone incurs injury or damage to property in situations where your business is clearly at fault (and sometimes, even if your business is not at fault). For example, if you own a Web site and are being sued by another similar Web site for copyright infringement, your liability insurance will defray the cost of legal expenses.
On the whole, both kinds of insurance are important for keeping your business safe and sound. Just be sure to declare your assets honestly and faithfully. If you overvalue your assets, it will mean a very expensive premium. If you undervalue them however, you may not get enough coverage. Remember, insurance fraud is a crime punishable by federal law.
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