Engineering work is complex and involves specialized skills and methods for completing tasks. Consequently, firms face unique expectations and financial risks. Then, of course, there are the general risks that all businesses face. So, it’s important for engineering firms to assess their risks and get engineer business insurance to cover them.

A Certificate of Insurance is a physical or electronic document that proves you have insurance. It provides important details about your policy that you, a client, a landlord or someone else might require.

As a notary, you have an important job and must execute your duties carefully. Make even a small mistake and a client might sue you. Then, of course, there are other, more general risks—the kind that every business faces, like the risk of a visitor being injured at your place of business.

If you’re a home inspector, you face lots of risk in your work. To keep yourself covered, you need home inspector insurance. Let’s dive into what that is and why you need it.

Commercial insurance, sometimes called business insurance, provides crucial financial protection for businesses. Liability insurance—one form of commercial insurance—is particularly important because any company can be sued by a customer or someone else who claims that the business caused some type of damage that affects them—physical injury, property damage, or financial harm.

Every small business faces the risk of lawsuits filed by customers or others who claim the company is responsible for damage to their property, personal injuries, or financial harm. Coverage like general liability insurance, for example, can pay for legal costs and also financial damages awarded by the court if your business is found to be liable.

The insurance known as equipment breakdown coverage or boiler and machinery insurance coverage is what’s called an endorsement, add-on, or rider. It extends the coverage of a business owners policy or BOP. Also called property & liability insurance, a BOP is a simplified approach to small business insurance that combines general liability and commercial property insurance.

Every small business needs business insurance. This may include policies like general liability, commercial auto, and others. The types and amounts of coverage vary based on the kind of work you do. But whatever biBERK liability coverage you have, commercial umbrella insurance can provide an added layer of protection.

When considering, “What is professional liability insurance?”, it is maybe best summarized by another name that’s often used for it: errors and omissions insurance (or E&O insurance). A professional liability insurance definition would say it’s a type of small business insurance coverage that protects you from financial consequences if a client accuses you of not living up to the accepted standards and best practices of your profession.