Employment practices liability is the coverage business owners are most surprised to learn they do not have. General liability does not answer an employee lawsuit, and by the time that is discovered the claim is already open. Here is what the policy actually does. Defence costs arrive whether or not the claim has merit The…
Most business owners buy cyber cover the year after they needed it. The policies are cheap relative to the losses they cover, and confusing enough that the wrong one gets bought regularly. Here is what actually separates them. First-party and third-party are two different policies wearing one name First-party cyber pays your costs: forensics, notification,…
Contractors carry more insurance than almost any other trade, and still lose more claims to paperwork than to accidents. The five gaps below are the ones that turn a covered loss into an uncovered one. Additional insured status is not the same as a certificate A certificate of insurance proves a policy existed on the…