This type of insurance is particularly important to licensed professionals such as accountants, attorneys, insurance agents, architects, engineers and technology companies. Falcone Agency recommends that all professional and technology companies have E&O coverage. We’re often less expensive and easier to do business with than other insurance companies. We’re also part of the Berkshire Hathaway New York liability insurance Group, the nation’s largest insurance company in terms of assets. You may know Berkshire Hathaway as the company started by Warren Buffett, one of the world’s wealthiest businesspeople. Mr. Buffett began as a small business owner, and he’s dedicated to providing small businesses with services that can help them grow.
Consider outsourcing any process hazardous to your health or premises. Brokers are licensed representatives who represent a number of different carriers. More guidance for small businesses can also be found in the DFS Cybersecurity Resource Center. Terri has 38 years of industry experience and knows a thing or two about insurance, so she reviewed and approved everything on this page. Unfortunately, Thimble isn’t currently available in the state of New York, but we’re working on it! Sign up for email updates and we’ll let you know as soon as we’re able to offer coverage in the Empire State.
This policy may also cover rental cars when you travel on business. The New York State Department of Financial Services regulates insurance in the Empire State. Organizations that employ a staff of part-time or full-time workers that are either hourly or salaried are required to carry workers’ compensation insurance. This type of insurance is required, no matter what size your staff is; even if it only consists of one W2 salaried person.
That is why your business requires general liability insurance protection. If you provide professional services and your advice is alleged to have led to one of your clients suffering a financial loss, professional liability insurance can help. General Liability Shop does not sell leads like many other online websites offering general liability coverage in New York. Every agent on our staff gets over 150 hours of annual training regarding our business insurance products and programs. We’re laser-focused on delivering super quick insurance quotes with bottom dollar prices. We take a lot of pride in helping small business owners buy better business insurance with less headaches, and lower rates.
Get the Thimble App and experience the total flexibility of your policy anywhere, anytime, in an instant. Property Damage– damage caused by you or an employee to someone else’s property. I have been an insured with 01 Insurance for over 30 years, and needless to say I have been extremely satisfied. The people have always been courteous, responsive, and very professional and caring. The one you utilize will depend on your immediate need for the bond. To summarize, New York Contractors are paying way too much in General Liability premiums because of an outdated law.
To make sure your business continues to turn a profit, you must have a comprehensive insurance program that covers all the bases and hopefully leaves you with no gaps in coverage. This coverage can be purchased as an add-on to a general liability, professional liability, or BOP policy. It helps cover costs related to system hacks or data security breaches in which sensitive information has been stolen and fraud has occurred or there is a reasonable expectation that it might occur.