Commercial Liability Insurance is the cornerstone of business insurance. Smart business owners know that Commercial Liability is necessary, but they also know that it is complex.

As if Toyota doesn’t have enough bad publicity…

Toyota CEO

May your clients’ liability problems never be as complex as Toyota’s. Consider that the car giant’s problems are starting to go beyond the recall of faulty products- According to in the New York Times, Toyota is also the focus of a civil and criminal liability investigation:

As if the Toyota Motor Corporation does not have enough bad publicity surrounding unintended acceleration problems in some of its cars and brake issues with the Prius, now comes the automaker’s disclosure that it received subpoenas from a federal grand jury and the Securities and Exchange Commission for corporate documents about these issues…. The disclosure takes the recall of its cars to a new level, because now Toyota faces potential criminal and civil liability from the government and not just its owners. These investigations come on top of a Congressional inquiry, with hearings under way in Washington.

While high-profile lawyers and lawmakers sort out Toyota’s tangle of trouble, Stuckey & Company wants both agents and clients to understand the basics of commercial liability insurance and why it is so important.

What Does Your Client Need?

Three liability exposures make up the bulk of business liability risk. First, Ownership and Maintenance of Premises involves the risks of owning and maintaining property. Second, Conduct of Business Operation is a liability exposure that arises when a person is injured on or away from the premises by an activity of the owner or employee. Third, Product Exposure is when a manufacturer or distributor of a faulty product injures someone. It is critical that this exposure does not end when the product is sold and delivered. Other exposures such as completed operations, contingent liability, and contractual liability are also types of commercial liability insurance exposures that business must consider. But does every business know about these complex exposures?

Stuckey Can Help

Stuckey & Company can help sort out what type of exposure each client is likely to face. And Stuckey can assess your risks and make recommendations that fit client budgets. In cases of extremely high-risk businesses, we offer umbrella policies that will extend the coverage you need up to limits of $50 million dollars.

The agents at Stuckey & Company have the knowledge and the experience to weigh these two factors and get you the right amount of coverage. With over fifteen years of experience, Stuckey is a leader in the commercial general liability insurance industry.

For more information about Commercial Liability Insurance coverage from Stuckey & Company contact the underwriters below, and attend our upcoming webinar:

Commercial Lines Webinar Thursday, March 18, 2010 11:30 AM Central Time

Holly Barker
CL New Business Underwriter
800-828-3452 x 15
holly@stuckey.com

Kyle Dallavis
CL New Business Underwriter
800-828-3452 x 25
kyle@stuckey.com

Nikki Malensky
CL New Business Underwriter
800-828-3452 x 26
nikki@stuckey.com

Libby Rodes
CL New Business Underwriter
800-828-3452 x 40
libby@stuckey.com