Whether you have a small home business or a huge enterprise, business insurance can protect you in case the worst happens to your investments.
As a business owner, you work hard to cultivate and maintain your business. But there are a number of risks that could threaten what you’ve built. However, purchasing this type of policy is not an easy task. There are a number of types of business insurance and it important that you understand what they generally cover.
This is a type of protection which covers the losses and damages your company causes to others. It protects you against being considered liable for bodily injury or error inherent in defective and/or wrongly installed products, failure in services provided, and losses as well as damage which occurs due to the negligence of employees.
General liability insurance (CGL) is protection for your business in the event that someone makes a claim against it. On a daily basis, your company touches the lives of many people; whether that’s your contractors, clients or customers. And, at any given point, one or several of these people could claim that your business has caused them harm, injury or loss and initiate legal recourse.
Commercial General Liability insurance covers a variety of claims for damages, ranging from:
- Injuries on your property, such as slips or falls
- Bodily injury or property damage to a third party caused by your work or your employee’s activities
- Liability of others, assumed under contracts
- Bodily injury or damage to another’s property arising from a defect in your product
- Libel, slander, or business disparagement
- Copyright infringement in your advertisement
Worker’s Compensation Insurance
Insuring your worker’s on-the-job injuries is a must. Employers are generally obliged to pay for all medical bills and damages which result from the bodily injury of employees.
Workers compensation insurance coverage can help to protect both you and your employees after a work-related injury or illness. For the employee, workers compensation provides medical care, lost wages and more. For the employer, workers compensation provides a sole remedy, avoiding expensive civil litigation. Plus, workers compensation insurance provides employers peace of mind, knowing your employees will get the help they need to recover and return to work.
We are committed to assisting companies with:
- reducing claim costs
- making their work environment safe for employees
- getting injured workers appropriate care
- improving claim outcomes
- helping employees return to work
This is coverage for all the building and contents owned by your company. These structures can be owned, rented or leased. Often property and casualty are put together, but these terms mean different things: property refers to the location of your business, while casualty insures your business itself.
Having the right commercial property coverage could mean the difference between a minor disruption to operations and a major financial loss. We offer tailored commercial property protection for a wide variety of industries ranging from small to large and highly complex.
We understand evolving business environments and how they operate. Our customers get a property insurance policy that can adapt to their property coverage needs and with it:
- Coverage confidence
- Built-in flexibility
- Services that matter
- National scale with local presence
Also called commercial auto insurance, this type protects the vehicles (cars, trucks etc.) used by your business. It offers insurance against damage or loss of your vehicles, but also covers the losses your vehicles accidentally cause to others.
Commercial Automobile insurance provides a comprehensive commercial auto product to ensure that company vehicles, as well as the employees who operate them, are properly protected, with coverage including:
- Liability Coverage
- Uninsured Motorists Coverage
- Underinsured Motorists Coverage
- Physical Damage Coverage
Business Interruption Insurance
This type of policy covers the loss of profit due to some catastrophe, natural disaster, or machine breakdown which accidentally interrupts your business, thus causing damage to the cash flow.
In case you have to move your business to another location, these costs are also covered by this policy. Most importantly we can answer your questions and ensure you have the Right Coverage at the Right Price. Let our years of experience guide you.