Is your New Jersey business adequately protected from accident, injury, or lawsuit due to error or negligence? NJ errors & omissions insurance, general liability insurance, and personal and advertising injury insurance can provide a range of coverages for liability risks which can occur in the normal course of doing business as a company. General commercial liability insurance can cover insurance risks such as claims or lawsuits due to accident or bodily injury on your business property as well as property damage by you or your employees. Professional liability insurance, also called errors and omissions insurance, can cover the costs of a lawsuit claiming error, omission, or negligence. Personal and advertising injury liability insurance can protect your business from slander, libel, misrepresentation, and other liabilities like copyright infringement.
Many of these insurance coverages can be combined into a business owners insurance policy which covers many of the industry risks your company might face. These insurance coverages also often cover the costs of defending yourself against a lawsuit even when your company is not found liable for the damages. It can be helpful to have an umbrella policy in addition to your NJ errors & omissions insurance and commercial general liability insurance which can raise your policy limits, especially in high-risk industries. An experienced insurance professional can help you create a comprehensive and industry-specific policy which ensures the long-term success of your business.