Professional Liability NY to Protect Against Lawsuits

Professionals in a variety of skilled fields are held to high standards when it comes to providing care and services to clients. Architects, lawyers, doctors, accountants and a host of other highly-trained professionals are expected to act with competence and skill in assisting clients with their needs. When they fail to do so, they may be subject to a lawsuit and they may face significant potential legal liability.

A professional liability NY policy protects professionals from the potential disaster of litigation. A professional liability NY policy provides coverage in the event that an unhappy or disgruntled client decides to take legal action, whether justified or not, against someone who provided professional service. The insurance policy will pay not only the legal bills associated with defending the case but will even pay the damages that the plaintiff is awarded, if any, up to the limits of the policy.

Buying a professional liability NY policy is a vital way to protect yourself from loss if you are working in a skilled and professional position. To learn more about the type of policies available to you, contact the experts at Strategic Insurance Agency today.

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Auto Insurance NY—The Smart Legal Choice

Buying auto insurance NY is not only a smart thing to do, but it is also legally required. Both individuals and businesses who have vehicles need to purchase auto insurance NY in order to be in compliance with legal requirements. Proof of insurance is necessary to drive a car off a car lot when you buy it, to register a vehicle with the DMV or to renew a registration, and to own or operate a vehicle that has a license plate on it.

What Happens without Auto Insurance NY?

Failure to have the required auto insurance NY can result in a number of penalties including a ticket for failure to show proof of insurance or even, in some cases, the impounding of your vehicle. You may also face significant legal liability if you do not have auto insurance NY. If you are involved in an accident with someone and do not have insurance, you may find yourself paying personally out of pocket for the other driver’s medical bills if he suffers serious injuries.

To protect yourself from risk and to comply with the law, contact Strategic Insurance today to learn about the auto insurance NY requirements and to purchase the policies you need.

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Business Interruption Policy—Business Insurance NY

When you are buying business insurance NY, one of the most important types of policies to consider is a business interruption policy. Unfortunately, this kind of policy is often overlooked by people who are shopping for insurance.

While auto insurance for businesses is required and while you are likely required to buy property and casualty insurance if your business property is mortgaged, there is no general legal requirement for you to buy business interruption insurance. Yet, a business interruption policy is absolutely essential for protecting your business from undue risk.

A business interruption policy is a type of business insurance NY policy that covers you in the event that something happens which makes it impossible for you to operate your business. For example, if a fire or a natural disaster destroys your building, your property insurance will pay for the rebuild- but who is going to pay the costs to keep your business afloat during the time when it cannot operate as normal since it has nowhere to operate from? That’s where a business interruption policy comes in.

To protect your business from potential loss due to the inability to operate for a time, contact the insurance experts at Strategic Insurance Agency for more information on this essential type of business insurance NY

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