What are the different types of Auction Insurance that I may need?

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• General Liability

• Commercial Property

• Crime Insurance

• Cyber Security

• Professional Liability (Errors & Omissions)

• Electronic Data Processing

• Event Coverage

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How much does Auction Insurance cost?

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There are many different factors that can affect your cost for auction liability insurance, including your:
 

• Location, because some states have minimum coverage requirements that can increase your insurance cost.

• History, especially if you’ve faced many claims and lawsuits in the past.

• Number of Employees, because the more employees you have, the more it can cost for coverage.

• Policy terms, like choosing a higher coverage amount, deductible or earlier retroactive date.

• General aggregate limit, the total amount of coverage you may need for potential losses.