You work so hard for what you have, and now, you’re facing a claim for damages because of an accident that resulted in injuries to someone or a loss to their property. Your underlying policies may provide substantial insurance liability limits, but they may not be enough to protect you from personal exposure or financial disaster.
Why should you choose The MIA Group?
Every small business is at risk of a lawsuit, whether from error or negligence or from a claim of discrimination, harassment, or wrongful termination. The MIA Group can offer a variety of business property and liability insurance packages, as well as umbrella and special liability solutions, to help protect your organization from costly legal judgments, settlements, and defense fees. Your advisor can help you select coverage for your business needs.
Your business property and liability insurance package can help protect you from lawsuits up to a certain limit. It may take only one substantial judgment or settlement to put you at financial risk. A Commercial Liability Umbrella Policy can provide the extra financial protection your business needs. Available in $1 million increments, it offers broad coverage at a sensible price.
A disgruntled client might file a lawsuit claiming you’ve been negligent or made an error or omission while performing your services. Luckily, you can minimize financial hardship and help protect your future with a Professional Liability policy. We have access to coverage designed specifically for:
If you run a business, you face a serious risk of being sued by an employee or applicant for discrimination, wrongful termination, or sexual harassment. Damages can include compensatory awards, and these allegations aren’t covered by most general liability policies. An EPLI policy can help protect you and your business in the event of wrongful employment practice claims.
Nonprofits aren’t immune from liability, harassment, discrimination, or wrongful termination lawsuits — and even if the court decides in your favor, you could be stuck with a substantial legal defense bill. A Not-for-Profit Organization Liability policy, which includes EPLI, can help protect your organization from these claims. It also covers your nonprofit’s directors, trustees, officers, employees, committee members, and volunteers.
Do we make mistake? Sure we do. But even an innocent error could lead to a client bringing a lawsuit against you for negligence. An Errors and Omissions Liability policy can help you and your company pay for legal judgments or settlements. It also covers defense costs, which can be substantial even if you’re not found liable.
Personal Insurance products can provide the additional coverage you may need, as your Homeowners Policy may have significant deductibles and limitations. With a personal insurance policy, your risk exposure can be quite significant.
The Personal Articles Policy may cover valuable property against more causes of loss than your Homeowners Policy and with no deductible. Some of the items eligible for coverage under a Personal Articles Policy include:
Thousands and even million dollar judgments are being awarded by juries across the country in ever-increasing numbers. If you accidentally injure someone or damage their property, you could be the one being sued. Even though your underlying policies may provide substantial liability limits, it is not uncommon today for juries to award damages that exceed those limits.
The Personal Liability Umbrella Policy provides an additional layer of personal liability insurance protection. This added protection could help you conserve your assets if you are found legally responsible for auto accidents, injuries to others occurring at your home, or injuries or damage arising from your personal activities. The minimum coverage amount is $1,000,000, and additional protection is available in $1,000,000 increments.
If you have questions about this coverage contact your MIA advisor.