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There are many risks when one becomes a franchiser. This includes high upstart costs, commercial property risks and risks associated with personal liability.
[1] PERSONAL RISKS [2]Liability risks [3]Legal risks [4] liability risks
Comprehensive Liability Insurance means protection against claims of property damage or personal injury when filming on public property. This is a very accurate definition.
A limited liability company, or LLC, is its own entity and can possess assets, property, and liability. This allows you shield your personal assets from the assets of the limited liability company.
Only if the damage is the fault of the landlord.
PL usually stands for "Personal Liability" and PD for "Property Damage"
form_title=LLC Liability Insurance form_header=Even as a limited liability company, it's important to have protection from personal liability. Have an insurance professional create a personalized quote based on your business risks. Type of Insurance Needed:= [] General Liability Insurance [] Property Liability Insurance [] Professional Liability Insurance [] Directors and Officers Liability Insurance [] Product Liability Insurance [] Other [] Not Sure Years In Business:=_ How many total people work in your business (including yourself, owners, officers, employees, contractors, etc)?=_
No, your Homeowners Insurance will not. Your Medical Insurance Will.
Technically, there is no difference between the two, besides the fact that many of the public and product liability risks are often covered together under a general liability policy. These risks may include bodily injury or property damage caused by direct or indirect actions of the insured. You can read more about public liability insurance on the Bizcover website in related links
personal injury protection (pip) property damage liability (pdl)
Personal and Advertising Injury Liability covers liability for a group of specifically named offenses, which don't involve bodily injury or property damage, aren't caused by an accident, but nonetheless are liability exposures common to most organizations.
Property owners Liability is the financial , legal liability attaches to property owners due to their property, where as tenants libility vice versa