Know the Common Types of Insurance Claim and Coverages - Roth Milne

Below given are some of the most common insurance claims filed by small businesses:

1. Personal Injury and Property Damage

General liability insurance can cover incidents that cause personal injury or damaged property. These kinds of claims are common across many industries, including construction and retail. General liability insurance will help to cover the costs of the medical bills, damages, and legal fees involved.

2. Product Liability

If your product is faulty, a customer could hold you liable for any associated accidents or illnesses. General liability insurance policies and product liability insurance policies may help cover risks to your company.

3. Struck By an Object

Insurance claims include injuries at the workplace where an employee is struck by a piece of machinery or another component. Workers ' compensation may cover the employee's lost wages and accident-related medical expenses. These are common in the manufacturing, construction, agriculture, and forestry industries.

4. Reputational Harm

Reputational harm claims are common for media organizations and businesses that store consumer data. General liability insurance policies and professional liability insurance policies can protect your business against them.

5. Auto Accident

Any commercial vehicle is at risk of accidents. A commercial car insurance policy will cover your company, your commercial vehicles, and your employees.

Roth Milne Law Group can help you with any questions you may have about the right insurance policies for your business and the insurance claims process in Denver. Call us today to get started.

Read More: https://randmlaw.com/insurance-claims-and-coverage/

Suggested Read: https://randmlaw.com/2020/07/03/5-important-tips-to-keep-in-mind-while-dealing-with-insurance-claims/