Employment Practices Liability Insurance Archives

5 Professional Insurance Policies You Can’t Do Without

Your professional insurance needs go way beyond property damage.

Protect your clients, your reputation, and your livelihood with these five professional insurance policies.

Most business owners understand the risk fire poses for a restaurant, or the consequences of a hurricane flooding a retail store. But many people don’t stop to think about the intangible risks that threaten professional services businesses like accounting firms, law firms, or marketing agencies.

Risks that property insurance and general liability coverage can’t protect you from.

Insurance works best when it’s custom fit to you. If you’re running a professional services business, you need professional insurance policies that fit.

Businesses that provide a professional service often seem “low-risk,” but just because you’re not working with open flames or heavy machinery doesn’t mean that you’re immune to disaster.

Here are five professional insurance policies that no professional services business should be without.
Read more →

10 Business Insurance Myths Debunked

Posted on April 3, 2020 by Jason Levine in Commercial Insurance, Commercial Insurance, Cyber Liability, Data Breach, Employment Practices Liability Insurance, Error & Omissions, Error & Omissions, General Liability Insurance, Professional Insurance, Workers Compensation with No comments

There’s a lot of misinformation about business insurance. Allow us to set the record straight.

Learn the truth behind these common business insurance myths so you can set yourself up for success.

As a small business ourselves, the Harry Levine Insurance agency hates to see local businesses with the wrong insurance policies.

Whether it’s someone with unnecessary policies, too little coverage, or—worse still—no insurance at all, we can usually trace it down to one thing: misinformation.

Too many people have fallen prey to these business insurance myths for us not to address them. So we’ve gathered up the 10 most popular myths people believe about commercial insurance and debunked them, one at a time.

Read more →

The Types of Handyman Insurance Every Pro Needs

Posted on December 30, 2019 by Jason Levine in Commercial Insurance, Commercial Insurance, Coverages, Employment Practices Liability Insurance, General Liability Insurance, Workers Compensation with No comments

As a handyman, you know how important it is to have the right tools for the job: a selection of screwdrivers and drill bits, a sturdy ladder, a good pair of work gloves….

But there’s one more important thing you need that you can’t find in a hardware store: the right handyman insurance.

While there aren’t any policies specifically labeled “handyman insurance,” there are certain types of coverage that no handyman should be without. In this article, we’ll talk about the different types of insurance you need as a handyman as well as how to use your coverage to increase your clients’ trust.
Read more →

Why General Liability Insurance Coverage Isn’t Enough

Posted on April 11, 2019 by Jason Levine in Commercial Insurance, Commercial Insurance, Coverages, Employment Practices Liability Insurance, Error & Omissions, Error & Omissions, General Liability Insurance, Professional Insurance, Workers Compensation with No comments

Most business owners hear the phrase “general liability insurance” and assume that they are covered against “general” liabilities.

This assumption could not be further from the truth.

The fact is, as a business owner, your general liability insurance coverage isn’t enough to protect your business from every foreseeable risk.

Read more →

How EPLI Insurance Can Save Your Business

Posted on February 28, 2019 by Jason Levine in Commercial Insurance, Commercial Insurance, Employment Practices Liability Insurance, Professional Insurance with No comments

After your BOP, Employment Practices Liability Insurance (EPLI) is one of the most important commercial insurance policies you will ever purchase.

Along with worker’s comp, liquor liability coverage, and commercial auto, EPLI insurance is an essential addition to any business looking to build a comprehensive portfolio of coverage.
Read more →

What Is Workers Compensation Insurance? (And Why Do You Need It?)

Posted on February 13, 2019 by Jason Levine in Employment Practices Liability Insurance, Workers Compensation with No comments

You may have seen attorney commercials on TV talking about workers compensation claims. Maybe you know someone who was injured on the job and needed to be on desk duty until their foot healed.

Or maybe, most importantly, you’re starting a business and need to purchase workers comp insurance for yourself.

But what is workers compensation insurance, exactly? And do you really need it?

Read more →

9 Types of Restaurant Insurance You Needed Yesterday

Posted on July 11, 2017 by Jason Levine in Commercial Insurance, Coverages, Employment Practices Liability Insurance, ID Theft, Power Outage, Spoilage, Workers Compensation with 1 comment

Owning a restaurant is a dream you’ve held for years and now it’s coming true! You’ve thought about your menu, seating options, even your logo, but have you thought about restaurant insurance?

Between your inventory, customers, and the business itself, restaurants carry a large amount of risk. But your pizza parlor, bakery, or cafe is also your livelihood. Is that a risk you’re willing to take? Having the right restaurant insurance policy can prevent you from having to kiss your dream goodbye.

So let’s take a look at 9 essential types of restaurant insurance that will keep you in business for years to come.

Read more →

What is Employment Practices Liability Insurance?

Posted on August 1, 2014 by Jason Levine in Commercial Insurance, Coverages, Employment Practices Liability Insurance, Professional Insurance with No comments

Q. What is Employment Practices Liability Insurance?

A. Employment Practices Liability Insurance (EPLI) is a critical form of protection that all businesses need to have. Like worker’s compensation, it does not matter if a company has 1 part-time employee or 1,000 full-time employees; this coverage is paramount. EPLI primarily provides legal defense against claims of improper employer behavior (hiring/firing practices, discipline, harassment in the workplace) and it can sometimes provide coverage for accusations of improper tabulation of hours and payment of wages, as well as third-party (i.e. customer) harassment claims. While illegal and intentional acts are never insurable, the cost of defending such claims can be into the hundreds of thousands of dollars. Employment Practices Liability Insurance policy premiums are incredibly small compared to the potential legal fees that an honest employer may have to pay to defend accusations (whether true or not) made by a disgruntled employee.
Read more →