Posts Tagged ‘Combined’
Combined liability insurance – why are prices increasing?
When we talk about commercial insurance, there are two main types of cover, for liabilities and property. Certain types of business may choose to obtain cover for commercial liability insurance.
There are various reasons for this, for example a business may decide that the assets they own are at such a small level that they do not need to insure them, or they could be covered under a home insurance policy or through a maintenance contract with the equipment suppliers. Alternatively, they may decide that the liability risks the business faces are far more important and spend their monies on this element of cover only.