Commercial Liability Insurance Policies We Offer
Burton & Company has provided commercial insurance to businesses since 1891. Here are the primary commercial liability policies we offer throughout Virginia.
General Liability Insurance
The first type of policy purchased by many new businesses is commercial liability. It covers the risks that can impact businesses across a broad range of industries, offering financial protection if you are held liable for accidents at your business that lead to a customer injury or property damage. It also helps if you need to defend an accusation of slander or libel.
Cyber Liability Insurance
Modern technology has made work easier for many types of businesses, but it’s important to plan for the ways that trusting information to machines can go wrong. Hackers are becoming increasingly sophisticated in the ways they target companies’ systems, so protection is vital. If your business collects or stores confidential data about customers, such as personal information and payment information, cyber liability can cover the expenses involved in notifying them of breaches, offering credit monitoring services, and securing your systems.
Fiduciary Liability Insurance
Fiduciary liability insurance from Burton & Company offers your business valuable protection against liability for managing or administering employee benefit plans, for everyone from the top executives hiring investment managers to payroll clerks processing enrollment forms. It can help cover legal defenses or losses that arise in claims that fiduciaries made poor investment decisions, negligently hired plan service providers or mishandled records.
Directors And Officers Insurance
Our Directors and Officers (D&O) insurance policies cover your organization’s directors and officers for claims that are made against them over poor decisions. It can cover events such as mistakes or missing information in financial documents or company accounts and failing to properly enforce human resources policies. You’ll need this coverage if you want to attract high-quality board members as their personal assets could be at risk without it.
Employment Practices Liability Insurance
Employment-related lawsuits are constantly making headlines, and they illustrate why having Employment Practices Liability Insurance (EPLI) is so essential these days. It can cover your business and individuals like directors in cases of unintentional actions or failures to act that lead to lawsuits over harassment, discrimination, workplace conditions and wrongful termination.
Errors And Omissions Insurance
Your company takes great care to hire the most professional and qualified individuals, but even very experienced employees make mistakes from time to time. Errors and Omissions (E&O) insurance can cover financial losses suffered by other people, such as your clients, because of your employees’ action or lack of action.
Workers Compensation Insurance
Although workers compensation insurance is a legal requirement in nearly every state, it’s also a smart way to invest in the security of your employees. It will cover the medical bills, care costs and partial lost wages for employees who are unable to work due to a work-related illness or injury. Making sure your employees can get adequate medical treatment and support their families while recovering helps them return to work healthy and fit.
Reach Out To Burton & Company Today
At Burton & Company, our commercial liability insurance advisors will work with you to determine your risks and present you with a comprehensive insurance solution that meets your needs and budget. Reach out today to find out how we can provide you with valuable protection so you can devote less mental energy to worst-case scenarios and focus more on helping your business thrive.