As an insurance agent, you provide professional advice and services to your clients. If you happen to make a mistake, you can be liable for any financial damages caused to them. A client might also falsely accuse you of making an error, which means you have to defend yourself in court even if you didn’t do anything wrong. Consequently, you need what’s called errors and omissions insurance for insurance agents (or E&O insurance for insurance agents).

The term advertising agency insurance refers to a set of policies that protect an agency from potentially devastating financial liability and losses. Advertising agencies face many risks—from employee and visitor injuries to property damage and liability for mistakes made. Without proper small business insurance coverage, the consequences of an incident can be crippling or can put an agency out of business entirely.

If your business provides professional advice or services to clients, you may have heard that you should have professional liability insurance to protect your company financially. But what is professional liability insurance exactly? What does professional liability insurance cover? And what does professional liability insurance cost?

Cyber liability insurance—which biBERK sells conveniently as an add-on to a general liability, professional liability, or business owners policy (BOP)—protects your business from the financial repercussions of a cyberattack if someone steals sensitive information and commits fraud, or there is reason to believe that they might.

A business owners policy (BOP), which is also called property and liability insurance, is a policy that combines property insurance and liability insurance. It’s a streamlined approach to small business insurance that makes it easy for owners to protect their companies and property.

Why is the independent contractor vs. employee distinction important when it comes to workers’ compensation insurance? Worker classification matters is because with very few exceptions, employers are required to provide workers’ compensation coverage for their employees. Independent contractors are another story.

If you’re injured at work, probably one of the first things that comes to mind is, "Does health insurance cover work-related injuries?" While health insurance plans vary, typically, they don’t cover injuries that occur at work. However, the medical bills and other costs associated with on-the-job injuries and illnesses can be covered by a workers’ compensation policy.

Businesses will sometimes indicate they are “insured and bonded,” meaning they have taken steps to secure financial protection for themselves and their clients. But what is being bonded and insured exactly? And does it matter if a business is bonded and insured?

Commercial auto insurance is vital for every business that owns vehicles and uses them for work purposes. Unfortunately, an accident can occur at any time, so you need to have proper coverage in place.