Hello, my name is Vic Schumacher, with HPE
Financial Services. I’m an insurance broker representing a variety of insurance companies.
The question was asked, how does business liability insurance work? Well, let’s go back
to a little bes basic concept of what insurance is and and the liability. Insurance will permit
the unknown to be taken care of, and it gives you security and peace of mind. If you are
a business the liability would be for say third party to come in and possibly injure
themselves, creating a damage, leaving yourself exposed to possibly some financial problems,
possibly a lawsuit. Business liability insurance would make sure that in the event someone
enters your premise, and is accidentally injured on your location that if a lawsuit were filed
the insurance company and the policy would take care of that lawsuit. Business liability
insurance is something that every business owner should have, just as you would have
car insurance with a liability factor upon that that topic. My name is Vic Schumacher.
The company is HPE Financial Services, helping people every day.