A Business Insurance Overview
We know that choosing the right commercial insurance is an important decision. Our agency has the experience to market your insurance and provide you with options for your business. Whether you are a storeowner, distributor, office professional, or wholesaler, you need insurance to protect your business against the unique risks and exposures you face. The right insurance allows you to tend to your business with confidence that it is protected. Here are the types of insurance you should consider when selecting and designing your business insurance:
General Liability—Covers third party liability claims from a customer or visitor on your premises, or who may be injured by your business activity or product.
Example: A customer slips on your driveway, trips on your steps, or injures himself on your premises, or customer is injured because of your product or service.
Business Property Insurance—Insures your building and contents, both on and off premises.
Example: A fire destroys your entire building and equipment.
Employee Dishonesty Coverage—Protects your company from financial loss resulting from employee theft of money, securities, or property.
Example: An employee steals money from your company.
Workers Compensation—Provides compensation for your employees for medical care in the event they are injured on the job, including medical benefits, income benefits, death benefits, and rehabilitation benefits.
Example: You own a delivery company, and an employee is injured while making a delivery.
Business Auto—Provides insurance coverage for your company’s cars, trucks, trailers, vans, or other vehicles.
Example: You’re a beverage distributor making a delivery in the company van when another vehicle runs a stop sign and hits you.
Non-Owned Auto Coverage—Protects the company for vehicles owned or used by others (such as an employee) that are used in the business of the company.
Example: One of your deliverymen is driving his personal automobile to make a delivery and hits another vehicle. This results in a lawsuit against your company.
Professional Liability—Covers you for the failure to perform professional services. If you design something or perform work which does not meet standards or expectations, you could be sued for the cost of the contract, damages, or lost business revenues by your customer.
Example: You are an architect and one of your buildings has developed a mold issue due to poor roof design.
Business Interruption Insurance—Provides protection from loss of income and extra expense if your business suffered a loss and you were unable to operate for a period of time.
Example: A major storm hits and your restaurant is completely flooded. You have to close for a month to repair all of the damage.
Equipment Breakdown Insurance—Provides coverage for the accidental breakdown of equipment.
Example: A power surge damages your computer network.
Our dedicated staff of insurance professionals are here to assist you in securing a life insurance policy to protect you and your loved ones for years to come. With a vast knowledge of our many carriers, we are equipped to shop for the best policy to suit your needs. Our job is to help you navigate through the sea of policy options and clarify any questions or concerns you may have along the way.
We’ve successfully served hundreds of customers and are determined to treat each individual with respect and compassion. Shopping for insurance can be difficult, but our staff does the work for you. Maintain your peace of mind knowing that our insurance professionals have your back.