Is Your Business Truly Protected?
Standard insurance wasn't built for today's risks. Take this 2-minute audit to uncover the critical gaps in your commercial coverage.
First, tell us about your business:
Logistics & Fleet
Film & Production
Technology & AI
General Business
1. Does your policy explicitly cover high-cost EV battery replacement or liability for your charging stations?
⚠️ Potential Risk: Standard auto policies often exclude these high-value, specialized components.
2. Are you covered for a fleet-wide operational shutdown caused by a telematics or dispatch software hack?
⚠️ Potential Risk: General cyber policies may not cover business interruption from a fleet-specific attack.
3. If you haul perishable goods, do you have Spoilage Coverage for losses due to equipment breakdown or transit delays?
⚠️ Potential Risk: A single refrigeration failure can result in a total loss of cargo, which is not covered under standard cargo insurance.
4. Are your independent contractor drivers properly classified to avoid unexpected workers' compensation and liability claims?
⚠️ Potential Risk: Misclassification can lead to significant fines, back-premium payments, and uncovered injury claims.
5. If you act as a freight broker, do you have Contingent Cargo Liability in case a carrier's insurance fails?
⚠️ Potential Risk: You could be held legally liable for the full value of a lost or damaged shipment if the carrier you hired is uninsured or underinsured.
1. Does your policy include Cast Insurance to cover delays if a key actor is unable to perform?
⚠️ Potential Risk: This is a leading cause of budget overruns and is not covered by general liability.
2. Is your rented equipment covered for its full replacement value under an Inland Marine policy?
⚠️ Potential Risk: General liability does not cover high-value rented gear. A separate policy is required.
3. Are you covered for production shutdowns due to unforeseen issues with a shooting location (e.g., weather, property damage, access denial)?
⚠️ Potential Risk: Extra Expense coverage is needed to pay for the costs of moving a production to a new location on short notice.
4. Do you have specific liability coverage for physical injury or property damage caused by drones used in your production?
⚠️ Potential Risk: Standard liability policies often have aircraft exclusions, leaving a massive gap for any aerial filming.
5. Is your project protected by Errors & Omissions (E&O) insurance against claims of copyright infringement, defamation, or invasion of privacy?
⚠️ Potential Risk: Most distributors and broadcasters will not acquire a project without E&O, and a single claim can halt distribution indefinitely.
1. Does your Tech E&O policy specifically address liabilities from AI-driven errors, algorithmic bias, or "hallucinations"?
⚠️ Potential Risk: Most standard E&O policies contain exclusions for these new, unpredictable AI-specific risks.
2. Do you have a Directors & Officers (D&O) policy that meets the requirements of potential venture capital investors?
⚠️ Potential Risk: Lack of D&O coverage is often a deal-breaker for VCs and exposes leadership's personal assets.
3. Does your insurance cover legal defense costs for patent, copyright, or trademark infringement allegations?
⚠️ Potential Risk: Intellectual Property lawsuits are incredibly expensive to defend, and these costs are not covered under general liability.
4. Does your cyber policy cover regulatory fines and penalties (e.g., GDPR, CCPA) in the event of a data breach?
⚠️ Potential Risk: Many basic cyber policies only cover notification costs, excluding the massive fines that can be levied by regulators.
5. Are you protected from liability if a flaw in your software or service causes a major financial loss for your client?
⚠️ Potential Risk: Your client contracts may hold you liable for damages far exceeding your revenue. Tech E&O is essential to cover this exposure.
1. Are you covered for financial loss if a critical supplier or cloud service provider fails, even without physical damage to your property?
⚠️ Potential Risk: Standard Business Interruption policies require physical damage, leaving you exposed to supply chain failures.
2. Do you have Employment Practices Liability (EPLI) to cover claims of wrongful termination, discrimination, or harassment?
⚠️ Potential Risk: General Liability does NOT cover these claims. Without EPLI, you're personally liable for legal fees and settlements.
3. If a key owner or employee were to pass away or become disabled, do you have a policy to ensure business continuity?
⚠️ Potential Risk: The loss of a key person can disrupt operations and jeopardize financing. Key Person Insurance provides capital to navigate the transition.
4. Are you protected against losses from employee theft, forgery, or electronic funds transfer fraud?
⚠️ Potential Risk: Commercial Crime insurance is specifically designed to cover these internal threats, which are often excluded from other policies.
5. If you discovered a defect in your product, could you afford the costs of a recall, including public relations and replacement expenses?
⚠️ Potential Risk: Product Recall Insurance covers costs that go far beyond simple product liability, protecting your brand and balance sheet.
