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When you own a business, you must always be aware of the risk associated with every transaction. A customer lawsuit can have a devastating impact if you are not properly protected by a liability insurance policy.
Liability insurance covers your business against legal fees, including court costs, as well as any resulting award from a suit. Worrying about the mounting costs to defend a suit can be emotionally draining, and the financial cost can be debilitating to your business.
A well-crafted liability insurance policy will protect your business from the impact of a suit, and offer you peace of mind when doing business.
At Prime Insurance, we will design a customized liability insurance policy, which will protect your business against the risks associated with your particular business, so you will only pay for the coverage that is relevant to you, keeping your insurance expense as low as possible.
Even an unwarranted claim, which is eventually denied, can damage or ruin your business, due to the overwhelming costs of the legal process. Liability insurance will protect your business from many types of liability claims.
There are four types of liability insurance:
In some cases, you may also want to consider an umbrella liability insurance policy, which will protect your personal assets from being vulnerable to a business lawsuit.
Don’t wait to protect your business. Contact Prime Insurance today, for liability insurance in Surrey, Vancouver, Langley, White Rock, Delta, Richmond, Maple Ridge, Coquitlam, Burnaby, North Vancouver, West Vancouver, and across the Lower Mainland.
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If you have any questions at all, please contact us; we are open 7 days a week. We'll get back to you as soon as we can, usually within 1 business day.