Liability Insurance

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At Eastern Insurance, we understand the liability exposures faced by business owners. Liability insurance protects your business from third-party claims of negligence that result in damage to a person, their business, or their property. Defending against these claims in court can be expensive.

Liability insurance is very important for those who may be held legally liable for the injuries of others, especially medical practitioners and business owners. A product manufacturer may purchase product liability insurance to cover itself if a product is faulty and causes damage to the purchasers or any other third party. Business owners may purchase liability insurance that covers them if an employee is injured during business operations.

Liability insurance policies cover both legal costs and any legal payouts for which the insured would be responsible if found legally liable. The coverage does contain some exclusions - for instance, intentional damage and contractual liabilities are typically not covered in these types of policies.

You need General Liability insurance coverage if:

• Your clients or investors require it as a condition of doing business with you
• Your trade association requires you to carry it as a condition of membership
• You operate a business with a high risk of generating lawsuits
• You live in a state that has a history of awarding high damages to plaintiffs
• You have personal assets that could be jeopardized if a client sued you

How can Eastern Insurance help?

Policies for General Liability coverage are affordably priced; however, your quotes will depend on the size and type of your business, where your operation is located, and your previous claims history and loss experience, among other factors. Coverage is typically capped at a specific dollar amount for your policy period. That's why it's important to fully assess your risk exposure and purchase a policy that will best protect you.

At Eastern Insurance, we provide a full review of your exposures to provide a comprehensive insurance program that will protect your company, at a fair and competitive price. We pride ourselves on protecting our clients and their interests.

Eastern Insurance offers unique advantages, including:

• 24/7 claims coverage and response
• A wide selection of insurance carriers. We have relationships with more than 50 regional and national insurance companies
• An experienced team of professionals who can help tailor plans for you