WMU Insurance Programs

We are an outsource risk management company and independent insurance agency focused on offering a comprehensive suite of insurance solutions to protect you from the unexpected. This proves to them that you have active insurance coverage, which is typically a requirement if you’re running a business in most states. Our editorial content is intended for informational purposes only and is not written by a licensed insurance agent. Terms and conditions for rate and coverage may vary by class of business and state.

It’s important to note that general liability coverage doesn’t apply to cases where you are sued for giving inadequate professional advice. Errors & omissions insurance (E&O) can help to protect your business from that specific type of risk. Simply put, CGL guards you, your business and your employees from claims involving bodily injury or property damage born out of your business operations.

In the event of a lawsuit against your organization the insurance carrier will provide defense, and indemnify against all claims where you are found liable. The insurance carrier may also decide to settle smaller claims without the involvement of the courts. While the law may not state it, there’s a good chance you need to carry other business insurance policies in addition to workers’ comp. Many contracts require a general liability policy and/or a professional liability policy, for example. Even if your customers, clients, or partners don’t require you to carry specific policies, it’s recommended that you carry policies to cover any part of your business that could be at risk. Financially protecting your company is one of the smartest business decisions you can make it by clicking this link fowleragencycorp.com

It only takes one claim to financially cripple your business, so it’s important that you have adequate coverage from a highly rated carrier. We’re an independent insurance agency offering a comprehensive suite of insurance solutions to protect your business and your life from the unexpected. At Insurance Network Agency, we’ll work to find the right commercial general liability insurance for your business needs. Upon obtaining commercial general liability insurance, you’ll receive a certificate of insurance. If your business sells products, this coverage helps if your product causes illness or a physical injury.

Universities fund the first layer of loss in the form of retention or deductible. Mechanism for identifying loss trends and developing solutions unique to the university setting. Download an instant Certificate of Liability Insurance immediately after purchasing a policy. We build meaningful relationships to provide you with peace of mind.

We suggest checking with your insurance agent to see what your homeowner’s coverage is. If it isn’t sufficient, speak with them about getting home-based business insurance. Minimum requirements for drivers in Michigan include carrying $40,000 in auto insurance coverage to pay for claims if someone is injured in an accident. It must also include $10,000 to cover any property damage that occurs.

Thimble is a great solution for both general liability insurance and professional liability coverage . Liability insurance costs in Michigan can vary widely between insurance companies. Insurance rates are developed at a rate per $1,000 utilizing one or more of the above factors. The information contained on this page should not be construed as specific legal, HR, financial, or insurance advice and is not a guarantee of coverage.

Customer slips and falls in your Detroit business and sues you to cover their medical bills. Submit claims, check status of disability or leave, and see payments. Among the reasons we differ from the competition is our ability to service our policyholders proactively.

With any type of insurance there are certain underwriting and eligibility questions that must be answered in order for the insurance company to determine what the final rating will be. Covers medical costs from a customer or client who gets injured on the business premises and requires healthcare. Personal Injury– libel, slander, copyright infringement, invasion of property or privacy, wrongful eviction, false arrest and similar acts that cause damage to a person’s reputation or rights. Bodily Injury– physical damage to a person other than an employee at your place of business and injuries caused by you or an employee at a client’s home or work place. A small business is defined as any company with fewer than 500 employees. Small business is vital to Michigan’s economic well-being, accounting for over 98% of all state employers.

If you’re a contractor, this coverage covers your completed operations. No matter how carefully you may conduct your business, you can still end up at the receiving end for liable negligence. Protect your commercial company by letting us find you the perfect general liability coverage for your needs and budget. Protects a business from claims of alleged financial losses that arose from any damage that was caused to a third-party person on the premises.

Michigan insurance companies, such as Melton McFadden, can offer professional liability insurance quotes for small businesses that need it quickly. When you request a quote for general insurance for small businesses from Melton McFadden, you will soon get contacted by an insurance specialist. Business liability insurance is an insurance policy designed to protect your Michigan business from financial loss. Any financial loss can be devastating for any business, especially if they’re facing claims of damage or injury caused to others by either you or your employees. General liability insurance mainly covers bodily injury to people outside of your business and physical damage to their property.

We’ll work with you to determine your business risks and we’ll put together an insurance package that makes sense for your business. This coverage assists in covering any damages to land, buildings, or structures that your business rents. Non-employee injuries, whether it’s a customer slipping and falling on your property, or an employee dropping a heavy object on someone’s foot. Owning a small business comes with many risks that’s why we came up with a few cost-saving insurance tips for small… Has a network where private information and data about your clients, vendors or workers are stored by employees.

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