Washington Business Insurance

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: At a promotional event, a hanging display falls down, landing on a table near the bar. Several people are injured, two of whom require a trip to the emergency room. The planner of the event is sued for their medical expenses. General liability insurance could protect event planners against third-party claims of bodily injury, associated medical costs and property damage.
• Damage to client property: A business consultant was onsite at a client location. While eating lunch at his desk one day, he accidentally spilled his soda all over the client’s tablet. General liability insurance could protect business consultants against third-party claims of property damage, bodily injury and associated medical costs.
• Personal injury: One of your employees is at lunch. He talks to the owner of the shop about one of your clients in a false and unflattering way. The client learns of this discussion and sues for slander. We will cover the subsequent claim, up to your general liability policy's limits of liability, and pay for an attorney to defend you if necessary.

Learn more about general liability insurance costs for your business. 

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: A draftsman incorrectly calculated the slope of a wheelchair ramp when drafting plans for a home renovation. The ramp was installed according to the drawings, but upon inspection it was apparent that it did not meet code, and it needed to be removed and a new ramp installed. Professional liability insurance could protect draftsmen against claims of negligence and will appoint an attorney to defend them, if needed, even if they haven’t made a mistake.
• Dissatisfied client: A restaurant hired a public relations consultant to publicize the grand opening of their restaurant. Despite the consultant’s best efforts to increase publicity for the opening, and partly due to bad weather, the opening was poorly attended. The owner of the restaurant sued the consultant, alleging that he did not do his job. Professional liability insurance could protect public relations consultants 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.

Cyber security insurance protects businesses from the costs associated with computer- or technology-related losses, such as a ransomware attack or data breach, and even the cost to recover data from a laptop that’s been lost or stolen. Some examples of what could be covered include:

• Ransomware: An employee clicks on a link in an email that looks like it came from a vendor; however, the email is fraudulent, and clicking the link causes the company’s data to be locked. A message pops up demanding a ransom or the data will be released on the dark web. A cyber security insurance policy could cover the costs associated with the attack, plus provide expert response services to contain the damage.
• Business interruption: An application developer’s system is hacked and they are unable to access their data, which prohibits them from doing any work. A cyber security insurance policy could cover the income lost due to the hack.
• Legal fees: A consulting business suffers a data breach. Sensitive information about their customers is compromised, and several customers sue the consultant. A cyber security insurance policy could cover the consulting business’s legal fees, including a settlement or judgment.

Get a fast, free quote for cyber security insurance today and protect your small business from the cost of a cyber attack.