Liability Coverage
For Your Business
Product Liability
If you build, make, or distribute a product, Product Liability coverage is a must-have for your business. This type of coverage protects businesses from financial losses that may arise due to injuries or damages caused by their products. Product Liability coverage typically covers the cost of legal defense, settlements, and judgments related to product defects, design flaws, or manufacturing errors that lead to injury or property damage.
It is essential for businesses that manufacture or sell products to have this type of coverage because they may be held liable for damages caused by their products, even if they had no direct involvement in the injury or damage. Without Product Liability coverage, businesses can face significant financial losses that can put their future at risk.
Commercial Auto Liability
Commercial auto liability coverage is a type of insurance that protects businesses that own and operate vehicles for their operations. If your business uses vehicles, whether they are owned, leased, or rented, it is important to have this coverage. Commercial auto liability coverage provides protection against financial losses that may arise due to injuries or damages caused by your business vehicles.
This coverage typically covers the cost of legal defense, settlements, and judgments related to accidents that occur while driving for business purposes. Without commercial auto liability coverage, businesses can be held liable for the damages caused by their vehicles, which can result in significant financial losses. Having this coverage can provide businesses with peace of mind and help mitigate potential risks associated with their day-to-day operations.
Umbrella Coverage
Umbrella coverage is a type of insurance that provides additional protection to businesses beyond the limits of their general, property, and auto liability policies. With umbrella coverage, your business can have higher limits of liability insurance, which is essential in today’s litigious environment.
Umbrella coverage is designed to cover the gaps that exist in traditional liability insurance policies and provide a safeguard against unforeseen events that could potentially bankrupt your business. At Apex Risk, we can help you assess your business’s specific risks and tailor an umbrella coverage policy that fits your needs and budget. Don’t leave your business’s financial future to chance; contact us today to learn more about umbrella coverage.
Global Liability Coverage
Global liability coverage is designed for businesses that operate internationally and need insurance protection that extends beyond their home country. With global liability coverage, your operations abroad are covered, and the coverage territory is broadened to protect not only your business but also your employees, customers, and vendors in foreign countries.
Global coverage provides essential protection against claims related to bodily injury, property damage, and other liability risks that can arise from your international operations. At Apex, we understand the complexities of doing business abroad, and we are committed to providing the insurance coverage you need to operate with confidence and peace of mind.
Bailees Coverage
Bailees Coverage is an important type of insurance that is designed to protect businesses and individuals who are responsible for the property of others. As a bailee, you may be responsible for the property of another person, either in transit or in your stationary care. This responsibility can be a significant risk, and it is important to take steps to mitigate that risk. At our company, we understand the challenges that bailees face, and we offer comprehensive Bailees Coverage to provide the protection you need.
Bailees Coverage is designed to cover your liability for damage or loss of the property in your care. Whether you are a dry cleaner, a repair shop, or a moving company, Bailees Coverage is essential to protect your business against the risks of damage, theft, or loss of your customers’ property. Whether you need protection for a short-term project or a long-term business operation, we can help find the best protection for all your business activities..
Garage Keepers’ Liability Coverage
Garage Keepers coverage is a crucial type of insurance designed to protect businesses that operate in the automotive industry. At Apex, we understand the risks that auto repair shops, valet parking services, and other businesses face when they are responsible for the property of others. That’s why we offer comprehensive Garage Keepers coverage that provides protection for the vehicles in your care.
Whether you work with trucks, luxury cars, or other types of vehicles, Garage Keepers coverage can help protect your business against the risks of damage, theft, or loss of the property in your care. This type of coverage is designed to cover your liability for damage to customer vehicles that are in your custody or control, whether they are parked in your lot, being serviced in your shop, or transported by your business.
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