Owning a business means you have to worry about many things that other people don’t. Besides your company’s day-to-day functions, unforeseen legal and financial considerations leave even veteran entrepreneurs feeling overwhelmed. One of those considerations is litigation. There are sure to be instances where a business owner or another party is injured during work or even on an unrelated matter.
Many insurance companies consider this risk and the corresponding coverage additional business expenses. It means rates for these types of policies will usually be quite high. Hauser Insurance Group has gone a step further. They provide small business owners with the convenience of a business insurance policy specifically tailored to those who own, operate, or manage a small business.
An exception to this is Management Liability Insurance. This policy is designed to protect business owners from the cost of any legal action they face within a company they own and operate. While it doesn’t protect against minor employee disputes, it does have the potential to help with much larger issues like discrimination and sexual harassment.
Mark Hauser Insurance Group is a company that provides this type of coverage. They offer Management Liability Insurance plans, so business owners won’t need to worry about being overcharged or under-protected.
When you discuss the cost of a company’s insurance with your insurer, he or she will first ask about risks and exposures that are considered “normal” for the type of business you’re operating. They’ll then try to understand how your company is exposed to the type of risks that are most costly and damaging to the company and whether it is prepared to deal with these risks.
However, Hauser Insurance Group is different. They will know early on what your company possesses and how that can affect you financially if a lawsuit is filed against you. They will go beyond your company’s normal operations to identify potential risks. These risks matter most to them, as they know they can be the source of a lawsuit that costs your company a lot of money.