Liability Insurance
Protecting Yourself From Injury or Loss
At Guåhan Insurance Brokers, we understand that owning a business comes with a unique set of risks, and owners could find themselves facing a lawsuit or a serious injury. We offer several different forms of liability insurance to make sure that you and your business are protected from any situation. Contact one of our experienced insurance professionals today, and we will work directly with you to choose the right plan for you and your business.
Employment Practices Liability
Employment practices liability insurance, also known as EPL, is designed to protect you, the employer, against potential employee lawsuits. This can include anything from claims of discrimination, wrongful termination, and harassment. If you are sued by a potential, current, or former employee, our coverage will help protect you against legal costs. The cost of EPL coverage varies by business, based on the number of employees you have and history of prior lawsuits.
Larger corporations with more employees typically have policies already in place to prepare them to deal with any sort of lawsuit. Smaller business, however, are usually more vulnerable to an employment lawsuit because they don’t always have policies in place for hiring, disciplining, and terminating employees.
We highly recommend protecting yourself against employee lawsuits. In addition to insuring your business for EPL, you should educate your employees and implement policies to avoid discrimination and harassment in the workplace.
Workers’ Compensation
Accidents happen, and they could even happen on your watch. Workers’ compensation insurance is designed to provide coverage for such accidents. If an employee is injured while on the job, workers’ compensation provides wage replacement and medical cost coverage to the injured employee. In exchange for such compensation, the employee relinquishes their rights to sue their employer for negligence.
Garage Liability
Garage liability insurance is designed to address the needs of auto dealers and mechanics; however, garage liability could be useful in a variety of different businesses if your services involve storing or repairing vehicles or machinery. Garage liability insurance protects your customer’s vehicle or machinery against theft or property damage while it is being stored or repaired in your facilities. Garage liability will also cover employees while they are test driving a customer’s vehicle.