Commercial Insurance

Commercial Insurance

According to the latest surveys by major insurers, small to medium sized businesses in Louisiana have a number of critical gaps in their commercial insurance coverage insurance coverage. The reasons for gaps vary; not fully understanding how certain coverage applies to their business, buying insurance from a captive agent who can’t provide the coverage, thinking their commercial coverage provides the coverage, and finally believing they don’t have the risk. 

Commercial Insurance For Your Organization 

Here are the coverage’s you should consider to make sure you are adequately protected. 

Pollution Liability- Protects against the liability that comes with polluting the environment including restoration and cleanup, liability for injuries and deaths caused by pollution. 

Cyber Liability- Cyber liability is the risk posed by conducting business over the Internet, over other networks or using electronic storage technology. It covers third party losses from hackers, theft, and loss of information including sensitive client or individual personal information. 

Directors & Officers Liability- Covers costs, damages, and defense protection to directors and officers of a company resulting from law suits and judgments arising out of poor management decisions, employee dismissals, shareholder grievances, and other such acts committed in good faith. 

Employment Liability- Employment Liability provides protection for an employer against claims made by employees, former employees, or potential employees. It can cover      discrimination (age, sex, race, disability, etc.), wrongful termination of employment, sexual harassment, and other employment-related allegations.

Professional Liability- Insurance that is designed to cover third party claims, damages and claims arising out of providing professional advice.  Many firms create legal obligations arising out of a professional's errors, negligent acts, or omissions during the course of providing services to clients. 

We are ready to help you better understand your risks. Please call our office today. With Fourrier Agency, there is 65 years of service and support that needs to be upheld.  That service is upheld to every client, every day.