A commercial insurance policy, also referred to as business liability insurance, offers extensive coverage for your business. This includes legal protection in case of a lawsuit, funds to cover claims, and even protection against libel and slander. At North Coast Insurance Services in Lexington, MI, we understand the significance of safeguarding your business. We’re here to assist you in obtaining the right commercial insurance to meet your business needs.
How Commercial Insurance Provides Legal Defense for Businesses
It’s common knowledge that commercial insurance defends your business against third-party bodily injury, such as when a customer slips and falls in your establishment due to a hazardous condition. However, commercial insurance also provides legal assistance in various situations that require you to defend your business.
Insurance defends against lawsuits such as:
- Third-party or customer property damage
- Defamation, also known as libel and slander
- Product liability
- Customer injuries other than slip-and-fall
Your business is always at risk of being sued by a customer or client, but a commercial insurance policy can mitigate that risk. If you’re sued, the insurer will provide a lawyer to resolve the lawsuit on your behalf. The policy covers your legal fees and settlement costs, saving you from out-of-pocket expenses.
Contact North Coast Insurance Services Today for More Information
Your business, built with love, sweat, and tears, deserves protection from lawsuits. At North Coast Insurance Services, we understand a business’s potential liabilities. We can help you secure a commercial insurance policy that provides the right level of protection. Call our Lexington, MI office today to discuss your business insurance needs.