Liability Insurance

17
May

Umbrella Insurance and Excess Liability Insurance: Why Are They Needed

It’s good to know all your options when it’s time to get insurance. Some people take on more risks than others, so they need coverage beyond a basic plan. Options that can provide extended coverage include umbrella insurance and excess liability insurance. What Is Excess Liability Insurance & Umbrella Insurance? A basic insurance policy only covers so much and may

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17
Feb

Understanding General Liability Insurance Limits for Business Owners

If you own a small business, you’ll understand how important it is to mitigate various risks in your everyday operations. General liability insurance is a tool you can utilize to cover some of those risks, such as property damage and bodily injury claims against your company. How General Liability Insurance Helps Business Owners Commercial general liability (CGL) insurance can pay

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13
Jan

8 Types of Insurance a Private Social Club Might Need

Running a private social club requires you, as a business owner, to be aware of any possible risks that may arise in your establishment. You can be held personally liable for third-party bodily injuries and/or property damage that occur at your club because of your negligence or intentional misconduct. The right insurance coverage options can help you avoid financial ruin

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8
Sep

Can Anyone Do Business Without General Liability Insurance?

You may wonder if you are legally required to carry general liability insurance in your quest to become an entrepreneur. In most states, there is no such requirement except for certain industries. States, however, do have requirements for certain types of commercial insurance like workers’ compensation and commercial auto insurance. Here is a look at the general liability insurance requirements

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17
Jun

Assessing Limits of Professional Liability Insurance

As an entrepreneur and independent contractor, it’s important to plan for emergencies. Professional liability insurance provides a safety net in the event of a disaster. Before you reach a decision on a coverage, you should think about how high you want your limit of liability insurance to be. Professional liability insurance provides protection if you are sued based on allegations

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3
Jun

Understanding the Basics of Third-Party Liability Insurance

Third-party liability insurance comes into play when someone who is not associated with your business is injured while on your property. It is also important if a person’s personal possessions are damaged while on your property. When such third parties file a claim against your business, you need to have the right type of policy in place. This is where a third-party

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COVID-19 UPDATE:

At RMS and associated firms, business continues as usual. Our staff is remote-capable and available to handle all partners, brokers, and insureds at the present time. Contact us today!