COMMERICAL INSURANCE

A- What is meant by a deductible? Why would I want to increase my deductible on my policy why might I do that?

B- What is the difference between a Named-Perils policy, and an All-Risk policy? Also, what are some common exclusions you may find in a commercial building and business personal property policy?

C- We noted that doctors and dentists need malpractice insurance. Similarly, there are other professionals who really need Errors and Omissions insurance. Who might be some of those other professionals?

D- Please explain the differences between the following risk exposures: product liability; operations; completed operations; and premises.