Yes, general liability insurance protects property managers from risks like tenant injuries and property damage, making it a crucial policy for managing real estate properties.
Yes, E&O insurance is essential for real estate professionals as it covers legal fees and damages from professional mistakes or oversights. Some states require E&O insurance for licensing. ...
Yes, you can adjust your coverage to match your business needs. It’s important to review your insurance policies regularly and make changes as your business evolves. ...
Yes, even small businesses are at risk of cyberattacks and data breaches. Cyber liability insurance helps cover the costs associated with these incidents, including legal fees and notification costs. ...
You can lower your premiums by maintaining a good claims history, implementing risk management practices, and bundling multiple policies with the same insurer.
Without the necessary insurance, your business is exposed to significant financial risks. You may also face legal penalties if your profession requires mandatory coverage.
Yes, professional liability insurance is crucial regardless of your work location. It protects you from claims of negligence, errors, or omissions in your professional services.
Contact your insurance provider as soon as an incident occurs. Provide all necessary documentation and details to support your claim, and follow up regularly to ensure a smooth process. ...
If your business handles customer data, cyber liability insurance is essential to protect against data breaches and cyberattacks.
Professional liability insurance covers claims related to errors in your work, such as mistakes in printed materials, missed deadlines, and client dissatisfaction.
