Nevada Business Insurance

Nevada's Small Business Administration offers numerous perks for tech start-ups, making the Silver State a land of opportunity for IT consultants—but an IT consultant's everyday work with sensitive personal and business information brings a consistent level of risk that can benefit from a custom-tailored insurance policy.

Most IT consultants will choose the protection of professional liability insurance, also called errors and omissions insurance, which safeguards businesses that provide professional services. This policy would protect an IT consultant and appoint a lawyer if needed to defend against even baseless claims. For example, an IT consultant might review a client's website security in order to implement new procedures If the client's website later gets hacked, the client might make a claim of faulty work and sue to recover the revenue lost from the site being down.

General liability insurance, which protects against claims of bodily injury or property damage, would also protect an IT consultant if, for example, they accidentally break an antique vase when visiting a client’s office.

As part of the beauty and wellness industry, cosmetologists have deeply personal interactions with clients every day. While this may be one reason why cosmetologists choose to enter the beauty industry, it also carries certain risks, including client claims of emotional distress, bodily injury, personal injury, treatments gone wrong and property damage. Even when these claims don't have factual basis, they can still be stressful, costly and detrimental to a cosmetologist's business.

Professional liability insurance, which may also be called errors and omissions insurance, provides protection against lawsuits claiming that a business has negligently performed its services. In the cosmetology industry, a case like this might arise if a cosmetologist's assistant uses the wrong chemical treatment on a client, that client suffers an allergic reaction and has to miss work to seek medical treatment, and they subsequently sue the cosmetologist for emotional distress and lost wages.

Nevada cosmetologists can also benefit from general liability insurance, which protects in the case of lawsuits claiming property damage, slander, and bodily injury, which may occur even in the case of accidents in which no individual is at fault. For example, a cosmetologist performing hair and makeup services for a bridal party in the client's home might have an equipment malfunction that starts a small fire, and the client sues for damages to her home and mental distress.

A landscaper in Nevada may operate heavy equipment near clients' homes or businesses, handle harsh chemicals, and use sharp tools near clients. These everyday activities bring a heightened risk of bodily injury and property damage that expose landscapers to potential liability, which is exactly why Hiscox provides custom insurance that can meet the specific needs of each Nevada landscaper.

General liability insurance is one of the most important types of insurance for a landscaping business to have. It protects against bodily injury, so if a client trips over a lawn care professional's tools and breaks an ankle, the policy will cover the costs of the client's medical care. It also protects against property damage, so if an employee accidentally damages the façade of the client's home or business while working in the garden or trimming nearby foliage, the policy will cover the costs of replacing the brick or siding. And because it protects against personal injury, the business owner will be protected if an employee is overheard making disparaging comments about a client, the client hears about the gossip and subsequently sues for slander. The general liability policy would cover the claim and appoint a defense attorney, as necessary.

Personal trainers in Nevada might train clients for competition, help them recover after injuries, or simply help them get in shape. But as personal trainers know well, there are risks that come along with any fitness regimen, from injuries sustained during workouts to physical damage from equipment to chronic pain that starts after a session is over. While these risks are inherent to physical training, they may prompt litigious clients to file a claim against their personal trainers.

Professional liability insurance, also called errors and omissions insurance, covers claims against businesses that provide professional and personal services, such as personal trainers. This insurance offers protection even in cases where the personal trainer hasn't made a mistake, such as if an older client happens to suffer chest pain, has to be rushed to the hospital after a session with a personal trainer, and subsequently files a claim alleging that the personal trainer caused his heart attack and mental anguish.

In addition, the physical nature of a personal trainer's business should have the protection of general liability insurance, which protects against claims of bodily injury or property damage. This would protect the personal trainer's business in the case of slip-and-fall claims, which are not uncommon in a busy gym environment, or if a client brings their laptop to the gym, and it is subsequently damaged when someone trips over it.

A handyperson in Nevada will serve a wide variety of clients in a range of settings, from prestigious corporate offices to neighborhood shops and private homes. Dealing with others' personal property every day brings a heightened liability risk that can benefit from custom, comprehensive small business insurance. And an insurance policy inspires confidence in clients when they're deciding which handyperson or company to hire for a repair or home or business improvement project.

Most handypersons can benefit from the protection of general liability insurance, which offers several essential benefits. Because it protects against bodily injury, the handyperson's business will be protected if, for example, a client trips over the handyperson's toolbox, falls, and sprains a wrist; the policy will cover the costs of the client's medical care. Because it protects against property damage, it will cover the costs of, for example, repairing a wall that was damaged during a home repair project. And because it protects against personal damage, the business will be protected if, for example, an employee on his coffee break is overheard gossiping about a client in a false and unflattering way, the client subsequently hears about the discussion and sues for slander. In those cases, the policy will cover the resulting claim and pay for a defense attorney when necessary.

General liability insurance, known as Commercial General Liability (CGL), protects your business from another person or business’s claims of bodily injury, associated medical costs, and damage to property. Some examples of what could be covered are below:

• Bodily injury: A client tripped on an area rug in a real estate agent’s office and fell, breaking his hip. The client claimed bodily injury and medical expenses. General liability insurance protects real estate agents against third-party claims of slander, property damage, bodily injury, and associated medical costs.
• Property damage: A make-up artist went to a bride’s home to do the bridal party’s make-up before the wedding. She spilled liquid foundation on an expensive carpet, staining it. The bride’s parents sued for the cost to clean the carpet. General liability insurance protects beauticians and cosmetologists against third party claims of property damage, bodily injury, and related medical costs.
• Personal injury: An employee at a management consulting firm went to a bar after work. After a few drinks, he began talking loudly about an executive at a client company. The comments were overheard by associates of the executive, so word got back to the executive, who sued the consulting company for slander. General liability insurance protects management consultants against third-party claims of defamation and slander, property damage, and associated medical costs.

Learn more about how much general liability insurance costs.

Professional liability insurance, also known as errors and omissions insurance (E&O insurance), covers another person’s claims against businesses that provide professional and personal services. Some examples of what could be covered include:

• Negligence: An esthetician applied a chemical peel to a client, unaware that the client recently spent considerable time in a tanning booth. The client had a reaction to the peel, resulting in painful and unsightly blisters that took weeks to heal. The client sued the esthetician for emotional distress and negligence. Professional liability insurance can protect estheticians against claims of negligence, and will appoint an attorney to defend them if needed, even if they haven’t made a mistake.
• Breach of contract: A building inspector was hired to complete the inspection of a new office complex within a very short period of time so that the complex could open on schedule. Shortly after the inspector accepted the project, two of his employees quit, leaving him without the resources necessary taking him longer to complete the job. The opening of the complex was delayed, and the client sued the building inspector for the loss of revenue. Professional liability insurance protects building inspectors against claims of negligence and will appoint an attorney to defend them, if needed, even if they haven’t made a mistake.

Learn more about professional liability insurance.