Cover Your E-Tail Only covered by standard liability insurance? That is <i>so</i> last century.
By Jacquelyn Lynn •
Opinions expressed by Entrepreneur contributors are their own.
If you're doing business on the Net, you're taking risksthat were unknown a few years ago. And these risks don't justendanger the dotcoms that do business exclusively online. Simplyputting up basic Web sites or using e-mail exposes you to damagestraditional insurance might not cover.
Most business insurance policies in place today were createdbefore common Internet usage and weren't designed to protectagainst e-commerce losses. "The standard liability productthat businesses buy covers bodily injury and property damageclaims," says Steve H. Haase, 44, CEO of INSUREtrust.com LLC,a company in Atlanta that offers Internet-specific insurancepolicies and e-business risk-management consulting. "Whenyou're in cyberspace, there is neither property damage norbodily injury, but there are other potential nasty scenarios."Such as? Haase offers these examples:
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