New Business Liability Insurance
Available AZ, CA, NV & TX. New business liability insurance protects your NEW BUSINESS from another’s claim of bodily injury and associated medical costs and damage to property.
Some examples are as follows:
Bodily Injury – A client or customer falls over your briefcase and you are legally liable for the injury. Our New Business Liability Insurance will cover these expenses up to the limits of the policy and pay for an attorney.
Property Damage and Data Loss – You spill coffee on a client’s server causing damage and loss of data. Our New Business Liability Insurance will cover the claim up to the limits of the policy and pay for an attorney.
Personal Injury – One of your employees (or you) make negative comments about one of your clients to a third party. The client finds out what was said and sues for slander. Our New Business Liability Insurance will cover you up to the limits of the policy and pay for an attorney to defend you.
You should consider general liability insurance if you or your employees:
Interact with clients face-to-face
Have access to client’s equipment
Represent your client’s business
Use third-party locations for business related activities
Are required to have general liability insurance before entering into a contract.
Please contact us for a straightforward conversation about your business insurance needs.
As an aside, our brokers answer their own phones and emails. At your initial contact with us, you are given your broker’s cell phone number and direct email address. Where, in most agencies, your broker hides behind a wall of telephone prompts and disinterested, underpaid receptionists.
At sp Business Insurance Services, all aspects of your account are handled by your broker. This arrangement places your broker’s interests in harmony with your interests because it places responsibility for your satisfaction squarely on your broker. This responsibility includes all followup service such as Certificates of Insurance and Additional Insures Certificated, adding and deleting drivers, overseeing claim resolutions in your favor and all other matters pertaining to your insurance. When was the last time you had a Certificate of Insurance or Addition Insured Certificate in your hands two hours after you requested it. Perhaps this is one of the reasons our client retention exceeds 99%.
The other reason for our remarkable client retention is that we shop the market for the lowest possible premium for your needs. We have no “loyalty” to any insurance company because we, as brokers, represent you – not any insurance company. If an insurance company has a bad year and wants to raise your premiums at renewal, we make a seamless transition to another insurer to keep your rates as low as possible. We require that each insurer in our stable maintain an ‘A’ or better, rating from AM Best.
Finally, we only write commercial insurance.