Maximize Coverage Understanding Claims Made Vs Occurrence Policies

Unlock the secrets to safeguarding your assets by mastering the nuances between claims-made and occurrence insurance policies, and discover how you can browse options to ensure comprehensive coverage that fits your needs.

Understanding Claims-Made vs. Occurrence Policies

Navigating the complex world of insurance can be daunting, especially when it comes to understanding the differences between claims-made and occurrence policies. These two types of liability insurance are fundamental in determining how and when coverage is applied, impacting both the insured and the insurer in different ways. By gaining a clear understanding of these policies, you can make informed decisions that maximize your coverage and protect your assets effectively.