PreHeader Home Page About Us Home Page Get A Quote Partners Claims Blog English Bulgarian Bulgarian Version Contact Us Contact Us

business people sittingBusinesses today face increasing risks of lawsuits and claims. Many companies take significant steps to ensure they have the best employees on the job. They put in place very strict standards. They follow their attorney’s advice in creating training programs. Many even take extra steps to document every disciplinary instance clearly.

Yet, discrimination claims still happen. In some cases, your basic business insurance policy is not enough. It may not protect the company from such claims.

When an employee sues the employer, what options do you have? You may face significant claims. Lawsuits from discrimination can cost thousands of dollars or more. These types of claims sometimes lead to businesses shuttering their doors. You do not want this to happen. It does not have to. You need to take a closer look.

Will General Liability Coverage Help with Discrimination Claims?

Business insurance often includes a basic general liability policy. This policy is specific about what coverage it offers. It usually covers incidents of property damage, bodily injury or personal and advertising injury.

Discrimination tends to involve claims for economic loss. This might include back pay or loss of future earnings. In these situations, the general liability coverage is not enough. The business may still have to pay for damages from discrimination in this case.

How to Protect Your Company from Claims

Employee-related discrimination is not uncommon. Many companies buy employment practice liability insurance. This is an important business insurance. It aims to cover claims from employees made against the company. The plan covers claims of discrimination based on age, race, sex, disability or other factors.

Take the time to read the details about your specific plan. Policies differ. It can also cover claims of wrongful termination and harassment. Some policies cover failure to promote claims. These are the most common claims employees make against their employers. Many employers will face claims at some point.

You need to protect your company. Having basic business insurance is not enough. Amplifying your coverage with employment practice liability is necessary. Speak to an agent about the amount of coverage you need. You may wish to put this coverage in place no matter if you are facing a claim or not.

Business insurance needs to offer comprehensive protection. A basic BOP plan often leaves holes. This could expose your company to risks. You can invest in more coverage. This can give you peace of mind.

Allen Harmon Insurance Agency has your coverage needs in mind. One of our agents can help you get a business insurance policy to meet your needs. Call us at (877) 205-0051 for more information.

Posted 2:20 PM

Share |

No Comments

Post a Comment
Required (Not Displayed)

All comments are moderated and stripped of HTML.
Submission Validation
Change the CAPTCHA codeSpeak the CAPTCHA code
Enter the Validation Code from above.
NOTICE: This blog and website are made available by the publisher for educational and informational purposes only. It is not be used as a substitute for competent insurance, legal, or tax advice from a licensed professional in your state. By using this blog site you understand that there is no broker client relationship between you and the blog and website publisher.
Blog Archive
  • 2019
  • 2018
  • 2017
  • 2016
  • 2015
  • 2014
  • 2013
  • 2012

View Mobile Version
Site Footer Home Page Customer Service About Us Get A Quote Contact Us Claims Testimonials Locations
Allen Harmon Insurance Agency | 230 N Helmer Rd | Battle Creek , MI 49037 | (269) 441-5156
Kozhuharov Agency | 961 Oakwood DrĀ | Rochester, MI 48307 | (877) 205-0051
Powered by Insurance Website Builder