Business Insurance

Business Owners Policy (BOP)

A business owner’s policy offers several insurance products rolled into one, generally targeted to small and mid-size businesses. Business owners insurance typically includes property, business interruption, and liability insurance. This packaged coverage is generally less expensive than when purchasing coverage separately. With a BOP you have the ability to customize the policy to meet your individual business needs. Not all businesses qualify for business owners policies. Eligibility requirements differ among providers. Insurance providers may have requirements regarding business location, the size of the location, revenue, and class of business. A BOP typically does not cover professional liability, worker’s compensation, health, or disability insurance.

Commercial General Liability

General Liability insurance protects your business from covered claims and lawsuits that stem from your everyday business operations. Coverage typically includes product protection from financial loss should you be liable for property damage or personal and advertising injury caused by your services, business operations or your employees. Business Income and Extra Expense provides coverage when your business shuts down temporarily due to a fire or other covered loss. It helps replace your income and covered expenses like rent, payroll and other financial responsibilities while your property is being repaired or replaced.

Commercial Property Insurance

Commercial property insurance helps protect the business property you own, lease or rent, including assets like your buildings, equipment, furniture, fixtures and inventory. Losses from fire, break-in, vandalism, windstorm and other natural or manmade disasters are examples of what is typically covered. A basic commercial property insurance policy may be all you need, although the types of coverage can vary between different insurance companies. As an independent agent, we can help you determine the type of insurance policy and range of coverage that is best for your business.

Additional Liability Coverage

Take a look at the list for additional liability coverages that you may want to consider. (1) Insurance helps protect your business from fraud, theft and forgery. (2) Accounts receivable protects against losses from unpaid invoices. (3) Cyber liability covers attacks and damages to computer systems or electronic data. (4) Equipment breakdown covers your equipment, including computers. (5) Hired And Non-Owned Auto protects you if you have employees who sometimes drive their own car, or even one they have rented for business. (6) Rented vehicles provides liability coverage for vehicles you lease, hire or borrow. (7) Employment Practices Liability covers liability of wrongful acts arising from the employment process.

Workers Compensation Insurance

Workers’ compensation coverage pays for medical care and physical rehabilitation of employees injured at work and helps to replace lost wages while they are unable to work. Additionally, this coverage protects an employer from being sued by an injured worker in most cases. We can help your business find complete solutions to your unique workers compensation insurance needs. We’ll find solutions that create safer and more productive workplaces, more confident and secure workers and overall savings you’ll see on the bottom line. Coverage for office workers using their own vehicles on company business is often needed, as well. If you have employees, it is critical that you consider this workers compensation coverage.

Commercial Auto Insurance

Commercial auto insurance helps cover the costs of an auto accident if you or an employee is at fault. This coverage can help pay for damaged property and medical expenses – even in the event of a fatal accident. If you’re driving a vehicle for business reasons, having the right commercial vehicle insurance is important. So whether you’re using a sedan to travel to and from a business meeting or you’re towing cargo in a large delivery truck, the right coverage can help protect your business. A good rule of thumb is to consider if the vehicle is being operated in relation to the job. If it is, you’ll likely need business auto insurance coverage. We can help !

Professional Liability Insurance (Errors & Omissions)

Any business that offers advice or provides a service needs an errors and omission policy because anyone can sue your business if they feel they have suffered a loss due to your services – actual or perceived. General liability insurance covers the costs of physical damage, whether that be to a person or your business property. Errors & omissions liability insurance (E&O) covers financial losses that other people–such as clients–suffer because of your actions (or lack of action). We can help to find the right errors & omissions liability insurance policy for your business to ensure that this is the case.

Flood Insurance

Flood insurance goes beyond the coverage of a insurance policy and protects you from more severe types of water damage, like heavy rain, melting snow, and severe coastal storms. A flood is defined by the NFIP as: A general and temporary condition where two or more acres of normally dry land or two or more properties are inundated by water or mudflow. Flood insurance provides coverage for both the structure of the home and personal property in case of damage.  We can help insure your investment with a flood policy through the National Flood Insurance Program (NFIP).

Surety Bond

We know that you can’t conduct business or win the job without the backing of a solid surety bond. That’s why we only work with the most reputable and trustworthy surety providers. We partners with only the best sureties to give you outstanding products supported by value-added services to contractors and businesses

Contract Bonds  Bid Bonds, Performance & Payment Bonds and Supply bonds

Commercial Bonds  License & Permit Bonds, Probate Bonds and Court Bonds

Fidelity Bonds  Erisa and Business Service Bonds

Commercial Umbrella Insurance

A commercial umbrella policy may be based on a commercial general liability (CGL) primary policy. Umbrella Insurance refers to liability insurance that is in excess of specified other policies and also potentially primary insurance for losses not covered by the other policies. When an insured is liable to someone, the insured’s primary insurance policies pay up to their limits, and any additional amount is paid by the umbrella policy (up to the limit of the umbrella policy).Umbrella policies tend to provide broader coverage over one or more primary policies. Reach out, and we’ll help you to determine if it’s right for your business.