Commercial Insurance and Libel Explained

As a business owner, your goal is to sell your product or service to those who need it in exchange for compensation. There are times, though, when the things you say and do could lead to liability claims against your company. That is when having proper commercial insurance in place is so important.

At Ed Thompson Insurance Agency, we work closely with business owners to create commercial insurance policies in Omaha, NE that meet their unique needs. Set up some time to discuss the types of coverage best suited for your situation.

Commercial Insurance and Libel Claims

Your general liability insurance will likely include libel protection. Libel is a claim that you published some type of information that was false about another person, business, or product. Typically, this includes writing, images, and even online posts. If the information is untrue and unfavorable about someone else, you could be hurting their reputation. This differs from slander, which is spoken defamation in some way.

In these situations, the other party may take action against you, filing a claim against you for their losses associated with your claims. However, to do so, the claim must be shown to be false. It also has to be published to a third party in some form and made with some level of fault negligence applicable. More so, their claim must demonstrate the actual damage brought on by your statement.

Getting Protected Can Keep Your Business Open

If you post something or share something in print that is even an ounce outside of what is positive and true about another company, you could face claims. Work with Ed Thompson Insurance Agency now to get the commercial insurance in Omaha, NE, you need to avoid financial losses in these situations. We would be happy to discuss your needs with you.