Business Liability Insurance

Liability insurance protects a person or entity from claims initiated by another party. Get in touch with Anderson Commercial Insurance Services, LLC, in Palm Desert, California, for all your liability needs. We have a number of options for general, body injury, or property damage coverage that are designed to protect you against financial loss.

 

Injury

This helps protect your business from claims of false arrest, malicious prosecution, libel, slander, wrongful eviction, discrimination or humiliation, or invasion of the right of privacy. It also protects you if others claim you infringed on their copyrights in your advertisements or that you copied their advertising ideas. 

 

Medical Payments

This insurance pays for reasonable medical costs, regardless of fault, if someone is injured on your premises and needs medical treatment.

 

Damage to Premises Rented to You

With this plan, you're covered for a specified limit. Your lease makes you responsible for damages to the premises that you rent or occupy if the damages happen as a result of fire, lightning, or explosion.

Products & Completed Operations Liability

Product liability pays for bodily injury or property damage caused by a finished product that is sold. It protects importers, manufacturers, wholesalers, and retailers from liability claims caused by the products they sell. Completed operations pays for bodily injury or property damage caused by a completed project or job, which protects a business that sells a service against liability claims.

 

Umbrella & Excess Liability

Umbrella insurance or excess liability provides coverage for losses above the limit of an underlying policy or policies such as general liability; product and completed operations liability; employers liability; and commercial auto insurance. While it applies to losses over the dollar amount in the underlying policies, terms of coverage are sometimes broader than those of underlying policies.

 

Surety Bonds

The use of bonding has grown in popularity over the last few years. Having affordable and timely bonding services can make the difference in getting a contract or job. A surety bond is a contract guaranteeing the performance of a specific obligation. Simply put, it is a three-party agreement under which one party, the surety company, answers to a second party, the owner, creditor or “obligee,” for a third party’s debts, default or non-performance.

Contractors are often required to purchase surety bonds if they are working on public projects. The surety company becomes responsible for carrying out the work or paying for the loss up to the bond “penalty” if the contractor fails to perform.

Woman on Headset - Liability Insurance