573 Maple St.
Manchester, NH 03104
Commercial liability insurance is one of the most popular policies for small businesses in Manchester, NH and around the state. However, this insurance is not mandatory. The state is a comparative negligence fault state. This means that a plaintiff can get damages for a personal injury accident if he or she isn’t at fault. There is also a cap for damages in this type of case. The law does require that all private employers have workers compensation insurance, even small businesses. Workers comp insurance will pay for lost wages, medical bills, and permanent disabilities for employees who are injured on the job.
General liability insurance will protect your business from claims of damage to property, associated medical costs, and claims of bodily injury. The bodily injury portion will cover physical damages to a person that isn’t an employee at the place of business, or the client’s home or workplace. Personal injury will cover slander, libel, invasion of privacy, copyright infringement, and other acts that can cause damage to a person’s reputation or rights. The property damage portion will cover damage to a person’s property caused by an employee due to business activity. Advertising injury can cover any losses due to your advertising. This will also include the legal defense and judgments should you be sued.
Professional liability insurance will protect a business that provides personal or professional services. Some of these claims can include sexual misconduct and negligence. Since every business is different, an agent at Associated American Insurance can help you figure out which insurance is best for your business. Other insurance options that a small business can acquire include commercial property insurance, commercial auto insurance, cybercrime insurance, and contractor's and builder’s risk coverage. Your business needs will determine the best protection for your organization. For example, you may not need commercial auto insurance if your business doesn’t have any cars it uses.
Contact Associated American Insurance, serving Manchester, NH, to get a quote on small business insurance.