/ BLOG

It’s March Madness: Do you have a Defensive Game Plan for Your Business?

May 31, 2017 · 3 minutes to read

“How’s your bracket doing?”

With March Madness upon us, my basketball-loving friends and I are anxiously comparing stats.  Along with the game comes the joy of victory, the agony of defeat, last minute heroics…and the occasional human error that thwarts that winning play. Mistakes in small businesses may not be as well publicized or as exciting as in the NCAA however, when errors do occur, it’s just as critical to the professional services provider, and their client that the situation is recoverable.

Making the wrong call: Example #1

The outcome of any game can turn on a referee’s whistle.  A few days ago there was an outcry from players, fans and media after the Syracuse-UNC Asheville game because of two controversial calls late in the game.  Many thought an out-of-bounds ruling with less than one minute remaining was made in error by a referee.  In fact, the NCAA National Coordinator of Men’s Basketball Officiating acknowledged after the game that the call was incorrect. How instrumental in the outcome of the game was this mistake?  Did UNC-Asheville suffer damages?

Not time for time out: Example #2

You may be old enough to remember Michigan’s Fab Five and the infamous timeout call during the final seconds of the 1993 NCAA Men’s Division I National Championship game.  A decision by Michigan forward Chris Webber to call a timeout when his team had none remaining effectively clinched the victory for North Carolina.  He made an error that prevented Michigan from winning the National Championship. They lost revenue from selling championship merchandise, from future ticket sales, and caused more than a little emotional distress. Can we even quantify the losses from this error?

Whether playing basketball, calling fouls or working with a client, people make mistakes.  Most of the time the impact to others is minimal, but occasionally it can come at a significant cost. Professional Liability insurance (a.k.a. Errors and Omissions Insurance or E&O) is designed to cover the damages that are incurred by your clients as a result of your negligent act, error or omission, or perceived mistake.  If you’re a basketball lover, like me, think of Professional Liability insurance as your full court press defense.  That’s why you need to find the right “coach” to provide you with the right coverage and peace of mind to focus on your real game – satisfying customers.

BizInsure Guest Blogger: Chris Heck

Talk to us

Today’s BizInsure offerings are just the beginning. Please take the time to tell us what you think, offer advice, ask questions, give compliments, or make a request…customer feedback defines us. We’re listening. Click here to contact us.

Get Free Online Quotes and get coverage instantly

The coverage you need for your business.

Business insurance is divided into different policies. We offer 4 types so it's easy to design the coverage that fits your business.

Professional Liability Insurance

Get a quote

General Liability Insurance

Get a quote

Business Owner’s Policy (BOP)

Get a quote

Workers Compensation Insurance

Get a quote

Let's find

The coverage you need for your business

Professional Liability Insurance

Get a quote

General Liability Insurance

Get a quote

Business Owner’s Policy (BOP)

Get a quote

Workers Compensation Insurance

Get a quote

Responsive and professionalCompetitive price. I highly recommend Bizlnsure as an insurance provider
Zynab B.
1710433556
Your service is easy to renew as needed and your company informs the client in advance for renewal.
Henry B.
1710352389
It has been a pleasure doing business with Biz Insure Llc.Their representatives are very courteous, helpful and customer service oriented.
Shonta I.
1710297732
Quick and easy....
Tammy K.
1710172643
I follow the instructions & would prefer to paid every month. I did not have the options to pay every month.
Alamo H.
1709935830
Thank you, Amy, for making my experience enjoyable and funny. Thank you so much for your kindness!!!
George J.
1709840615
I'm pleased with the business quote I received from Bizinsure LLC. Thank You!
Shanda J.
1709586997
Very satisfied with the online experience
Nicole h
1709238653
Been a happy customer for years! Easiest company to receive a quote and get insured. No hassles! Easy payment! Finance plans, if needed!
jodi H.
1709226367
Love it
Hanna R.
1708272180
Every year, BizInsure is my go to for general and professional liability insurance! Thenrates are unbeatable.
Calandra K.
1708044666
The agent was quick and efficient in generating a quote for my needs.
Theresa F.
1707895796
I enjoy working BizInsure they always answer all my questions and make sure i have the correct coverage for my business.
Prompt and professional service from Biz Insure. Thanks Leslie and Liza!
Bev G.
1707524454
Very easy to sign up for insurance.
Great company
Brown G.
1706896003
Fast and efficient!
Kim C.
1706746693
عالی
alireza J.
1706727364
It was great being able to get a policy that suits my company's need in less than 30 minutes. They were vey thorough. Very competitively priced.
Lynette C.
1706621476
I worked with Andrea for another start up business. She was very knowledgeable and help me pick the correct policy. Amazed at how quickly the process went.
Representative was very kind, helpful, and educated me well. I appreciated today's prompt service with confirmation that I was satisfied with what was provided to me.
Tina P.
1706224051
Great company for.your low cost business insurance needs.
constantin T.
1706156911
Staff was very fessional and friendly. I was able to get a quote and move forward within 20 minutes.
Pebbles S.
1706126428
Wonderful
Complete C.
1705788054
MUY BUENO
Super easy process.
Ashley G.
1704830227
It’s very easy to understand and at a very reasonable price.
Mary M.
1703780096
Professionalism, Quality, Responsive and budget friendly
B D
1703029371
Great rates, easy to understand and select appropriate coverage, can get in a jiffy
Brie C.
1702775397
I have been a customer of BizInsure for a few years now and I love it. There customer service is awesome and the prices are affordable.
Danyale W.
1702132165
Quick easy experience! The rep was knowledgeable & pleasant. Customer care was awesome to respond and clarify my concerns.
Kathy Ann A.
1702059151
bizinsurance makes purchasing Business Insurance...SIMPLE!
Andrea W.
1701380391
Great quality of Service ,faster and convenience way to pay at most. Thank you for your Service to my Healthcare Facility .
Quick and easy!!!!
Terry
1701319042
Great service! Easy process and very informative representative. Andrea was great and very patience with our process. I would recommend using them!!
Terrance R.
1700848536
Always and easy process. Thanks!
Gerald S.
1700244544
Renewal was quick and easy online
Angelita K.
1699752900
js_loader
Google Rating
4.7
Based on 254 reviews
×
js_loader