Ads
related to: broadform liability insurance meaning- Free Instant Quote
Get rewarded for your driving
experience. Request a free quote.
- Save Avg $577*
4 of 5 drivers who switch to the
AARP Auto Insurance Program save.
- Disappearing Deductible
We'll reduce your deductible over
time with a clean driving record.
- Accident Forgiveness
In an accident? The Hartford
gives good drivers a break.
- Free Instant Quote
Search results
Results From The WOW.Com Content Network
Liability insurance (also called third-party insurance) is a part of the general insurance system of risk financing to protect the purchaser (the "insured") from the risks of liabilities imposed by lawsuits and similar claims and protects the insured if the purchaser is sued for claims that come within the coverage of the insurance policy.
Whether or not general liability insurance covers construction defects or "faulty workmanship" is a matter of some debate, as some insurers have viewed poor workmanship as a risk that is covered by a surety bond rather than an insurance policy given that a construction professional may have some influence (through attention to detail, skill, and effort) over whether such a defect occurs.
HO-1 insurance is a named perils policy, meaning it only covers your home in specific situations, which typically include: ... An HO-2 insurance policy is also known as a broad form and covers ...
Type of business insurance. Description. General liability insurance. Pays legal fees and settlements (up to your policy limits) if you get sued for a covered general cause. Product liability ...
A typical business owner's policy includes property and liability insurance. The property insurance portion of a BOP is available most often as named-peril coverage, which provides compensation only for damage caused by events specifically listed in the policy (typically fire, explosion, wind damage, vandalism, smoke damage, etc.). [3]
Cyber liability: For businesses that sell or store customer information online, cyber liability insurance is a must. If your information — or your customers' details — are compromised, cyber ...