Professional Liability Insurance | Errors and Omissions

Office and Professional Liablity Insurance Is running a business without insurance illegal? When owners open a new business, they are usually confused over whether is it illegal for them to run a business without insurance? Is it mandatory to purchase an insurance policy to run a business? The answer to these questions is it depends on the state they’re operating their business in. Most of the states demand businesses with workers and employees to purchase workers’ compensation insurance. Some of the time different insurance policies are also required. However, in California, all employees are required to have Workers’ Compensation insurance …

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