Category: Commercial Insurance

As a professional in Southeast Michigan, you may be looking for commercial insurance that is professional liability insurance. One important kind of professional liability insurance is errors and omissions insurance, or, E & O Insurance. This kind of insurance can be complex but generally protects you from any errors or omissions you might make when you are professionally serving clients or patients.

At Atlas Insurance Agency, we want Southeast Michigan professionals to feel protected against errors and omissions when they are at work.

Who is This Insurance For?

This insurance is for professionals that provide a service where an error or omission could be deadly or costly. The kinds of professionals that get this insurance include doctors, lawyers, engineers, and other professionals. 

In some cases, these professionals may make a mistake during the course of their work. That mistake could also be an omission.  This mistake could be disastrous and lead to a complaint or lawsuit. One lawsuit could cripple you, your career, and your entire future.

It won’t if you have commercial insurance that is errors and omissions protection.

What Does Errors and Omissions Insurance Cover?

Errors and omissions insurance covers problems that arise during the course of your professional duties. It could be negligence, an error you made during the course of your work, bad or incorrect advice, an omission, or a violation of good faith.

If any of these things happen, and you get sued, your E & O coverage in your commercial insurance policy will cover you. You may even win the case, but an E & O policy will help you get through it.

It’s a peace of mind policy when you are dealing with such important matters.

Get a Quote

At Atlas Insurance Agency we want professionals to feel secure when providing services to Southeast Michigan. Call us today for a quote when you are looking for commercial insurance.

Every state has its own rules about the types of commercial insurance that businesses are required to have. There are two required insurance policies in Michigan, but there are other policies that benefit small businesses. If you need commercial insurance, call us at Atlas Insurance Agency in Southeast Michigan to talk to an agent.

Workers’ Comp Insurance

A workers’ compensation policy is required of all Michigan businesses that have at least one full-time employee. This policy is mandated by law, but it also benefits you and your workers. Suppose an employee should become sick or injured while at work, workers’ compensation will be there to pay for the medical bills. Without this insurance, you could face multiple lawsuits from sick or injured staff members who need their medical bills paid. 

Commercial Auto Insurance

The other mandatory commercial insurance policy for businesses is auto insurance. When any business owns a vehicle, it has to have a commercial policy. If a vehicle is used for business, personal auto insurance policies won’t cover it. And if the vehicle isn’t owned by the company itself but gets used for business reasons, personal auto insurance would likely not cover it. In that case, you need auto insurance called hired and non-owned. When your vehicles are covered properly, accidents that happen won’t sink your business due to its costs. 

Other Policies

There are other policies for businesses that are helpful but not required. Cyber liability insurance is needed if your business does a lot online or keeps data that could be breached. There is also business owners’ insurance that covers your general liability as well as commercial property insurance. 

Make Your Appointment

If you need insurance policies for your business, call us at Atlas Insurance Agency in Southeast Michigan to make an appointment to speak with an agent. It may be one of the best things you ever do for your business.