Category: Commercial Insurance

Running a business involves dealing with a multitude of risks, from natural disasters to lawsuits. Georgia businesses are not excluded from these potential dangers, which is why commercial insurance from Patriot Independent Insurance Partners is crucial. It can help safeguard your Georgia business against these risks and ensure its longevity.

Risks Covered by Georgia Commercial Insurance

Different types and levels of insurance coverage under the umbrella of commercial insurance protect against a variety of business-related risks. It’s fundamental to understand the main ones.

Property Damage

• Natural Disasters: Covers damage to your property due to fires, storms, or other natural disasters.
• Vandalism/Theft: Provides coverage if your business property is stolen or damaged in acts of vandalism.

Liability Risks

• Product Liability: Protects if a product you produced or sold causes harm to a customer.
• Professional Liability: Covers errors and omissions in the provision of professional services.
• General Liability: Helps if injuries or damage occur on your business premises.

Operational Risks

• Business Interruption: Covers lost income and operating expenses if your business has to close for a covered reason.
• Workers’ Compensation: Required in most states, it pays for medical expenses and lost wages if an employee becomes injured or ill due to work.

Importance of Commercial Insurance in Risk Management

Commercial insurance plays a pivotal role in risk management for Georgia businesses. As a business owner, you cannot entirely eliminate risk, but you can mitigate it through consistent coverage.

Safeguard Your Georgia Business with Patriot Independent Insurance Partners

At Patriot Independent Insurance Partners, we’re committed to supporting your business’s success in Georgia. We can help assess your risk and find the right commercial insurance to safeguard your venture. Contact us today to protect your business from potential threats.

Patriot Independent Insurance Partners Offers Errors & Omissions Coverage

Your commercial insurance coverage is an important part of your business planning. If you are a company that provides services for a fee, you may be liable for problems with errors and omissions that occur. At Patriot Independent Insurance Partners, we offer professional liability insurance with errors and omissions coverage for your Georgia business.

What Is Professional Liability Coverage?

Professional liability insurance is a type of business insurance that covers disputes or errors that occur when you are providing a service to clients. This type of business insurance is also known as “errors and omissions coverage,” which protects your business in case of mistakes that can happen. Errors and omissions coverage may involve different types of coverage, depending on the type of service you provide. These policies generally cover legal fees, settlements that are made in court, or judgments against your business when a mistake has been made.

What Types of Errors and Omissions Does My Policy Cover?

Professional liability insurance can cover such matters such as incorrect advice regarding your professional service. This coverage includes medical malpractice issues experienced by physicians, nurses, and other medical professionals. It may also involve misrepresentation that causes a loss of time or money to a client. An error or omission may also relate to violations of fair dealing in the conduct of a professional service. Copyright violations are also covered under this type of coverage.

Choose Patriot Independent Insurance Partners for Your Professional Liability.

Our agents can provide detailed insurance information that best suits your Georgia business needs. We offer our clients a wide range of insurance products, including home, auto, motorcycle, boat, commercial insurance, and umbrella coverage. Contact Patriot Independent Insurance Partners today for a no-obligation quote on professional liability insurance for the errors and omission coverage you need to protect your company.