Business Insurance

Owning a business and being your own boss has always been your dream. Now it’s come true, and to safeguard it, you need the protection that we offer.

We offer property, liability and automobile coverages for business ventures to protect your investment. Your policy can be tailored to your specific needs, or you can select a comprehensive package which automatically includes the coverage most commonly requested by business owners.

Some of the businesses we cover include:

  • Retail Stores
  • Professional Offices
  • Service Businesses (such as a maid service or beauty shop)
  • Garages (such as auto maintenance facilities or service stations)
  • Churches

Why do I need to insure my business?

The time you take to insure your business is just as important as the time you took to build it.

Insurance is one of the biggest precautions you should take to protect your business. Regardless of the size of your business, you are susceptible to all the same hazards as a homeowner, such as storm damage, liability or theft — but because more people come into contact with you through work, your chances of experiencing one of these at your place of business are greater. And if your company includes delivery or transportation vehicles, you have an increased risk through employees who are on the road.

Those who operate from home are not exempt from danger, either. A typical homeowners’ policy may provide only about $2,500 coverage for equipment related to your business, which is usually not enough in the event that you experience a loss. You also need liability coverage for any business-related accidents that may occur in your home.

We know how important your investment is to you, and we can insure your business needs through a variety of coverages, including property, liability, automobile and commercial umbrella. Don’t forget to consider any special endorsements and options, such as protecting yourself against employee theft.

Commercial General Liability – Liability insurance covers injuries that you cause to third parties. If someone sues you for personal injuries or property damage, the cost of defending and resolving the suit would be covered by your liability insurance policy. More specialized varieties of liability insurance include:

  • Errors and Omissions Insurance
  • Malpractice Insurance
  • Commercial Automobile Insurance
  • Directors’ and Officers’ Liability Insurance

Business Owner’s – A business owner’s policy (BOP) has been compared to a homeowner’s policy for business.

Typically a BOP policy includes:

  1. General Liability – When someone is hurt on your premises or by something you do while representing your company on or off premises.
  2. Business Personal Property – Your building/office contents such as desk, computers, chairs, inventory, etc.
  3. Business interruption insurance – Covering losses that cause you to shut down operations or reduce production for a time.
  4. Loss of Business income -If operations are shut down due to a covered loss this replaces the normal income for up to one year or longer if selected.
  5. Employee Dishonesty -Protection when an employee commits forgery, embezzlement, theft of property, etc.
  6. Hired/Non-Owned Auto – Protection for the employer when an employee uses their personal auto for company business such as making bank deposits or picking up supplies and are involved in an accident. Non-owned is when you need to lease/rent a vehicle to replace a company vehicle that is out of service.

Worker’s Compensation – Provides compensation and/or medical care for employees who are injured in the course of employment. Also provides additional protection called Employers Liability in case they are sued as a result of negligence causing the employee’s injury.

Commercial Auto – An auto insurance policy designed to protect all the vehicles used in the course of doing business. The policy provides liability in the event your employee is involved in an accident and hurts someone and or does physical damage to the other vehicle. The limits of liability required may depend on the use of the vehicle or even the gross vehicle weight. Some companies allow or will provide coverage for commercial auto polices even if the vehicles are used for personal use.

Commercial Liability Umbrella – – also known as excess liability. This policy kicks in when your primary Business Office Policy has exceeded its limits of liability. The commercial umbrella policy has an option where defense cost may or may not be included in the limits of coverage.