Category: Insurance
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The Role of Professional Liability Insurance for Small Businesses
Introduction to Professional Liability Insurance Professional liability insurance, often referred to as errors and omissions (E&O) insurance, is a crucial safeguard for businesses that provide specialized services or professional advice. Unlike general liability insurance, which covers physical damages or injuries, professional liability insurance specifically addresses claims arising from mistakes, negligence, or inadequate performance in the…
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Understanding Flood Insurance and Why You Might Need It
Introduction to Flood Insurance Flood insurance is a specialized type of property insurance designed to cover losses and damages specifically caused by flooding. Unlike standard homeowner’s insurance policies, which typically do not include flood coverage, flood insurance aims to fill this critical gap. It provides financial protection against the devastating impacts of flood events, which…