business insurance

COMMERCIAL GENERAL LIABILITY

Having commercial liability insurance can prepare and protect your company if someone makes a claim for damages in cases of bodily injury, damage to property, copyright infringement, libel, slander, and more.

PROPERTY

Commercial property insurance covers loss or damage to physical assets caused by events such as fire, storms, vandalism, and theft. Depending on your business, you may also opt for additional coverage for flood, equipment breakdown, or other causes of loss.

COMMERCIAL AUTO

Commercial auto insurance protects company vehicles and the employees that drive them. Whether it’s a single company car or a fleet of commercial vehicles, the right policy can cover physical damage, liability claims, and uninsured/underinsured drivers.

CRIME

Basic commercial property insurance doesn’t cover losses related to certain crimes. Some examples of this type of coverage include:

• Employee Dishonesty
• Forgery or alteration
• Theft of money or securities
• Burglary or robbery
• Computer fraud

FLOOD

A basic commercial policy does not cover flood damage. Depending on where your business is located, you may need this additional coverage. The definition of a “flood” is very specific: a general and temporary condition where two or more acres of normally dry land, or two or more properties, are inundated by water or mud. Some of the typical causes of flooding are overflow from a lake or river, broken levees, excessive rainfall, and hurricanes.

PROFESSIONAL LIABILITY

If a customer claims a financial loss due to a mistake in professional services, you’ll want to make sure you and your company are properly protected.

DIRECTORS & OFFICERS LIABILITY

This type of policy can be written to cover current directors and officers of for-profit businesses, privately held firms, nonprofit organizations, and educational institutions to cover claims in which decisions made by the directors and officers have adverse financial consequences.

WORKERS COMPENSATION AND STATUTORY DISABILITY

Having these types of policies can bring peace of mind to you as a business owner and to your employees.

BONDS

Bonds, also called a Surety Bond, protect your business integrity, honesty, contractual and legal compliance.

Some examples of the types of bonds that are available:

Commercial: guarantees fiduciary performance of public officials and offices

Fidelity: protects against loss of money or property due to employee dishonesty or improper handling of pensions plans and profit sharing funds

Contractor/Performance: guarantees the performance of obligations covered by written agreements between two parties