Business Owners Policies include:
Property coverage – protecting your building and contents that are owned by the company.
Liability protection – covering the company’s products or operations that may result in the damage or injury to another.
Business Interruption – this protects your company from fire or other accident that may result in loss of income or operation of the company.
Other coverages – may include equipment breakdown, crime, liability, signage
Workers Compensation Insurance
Having a workplace that is protected gives you extra security. As an employer, you have an obligation to ensure a safe work place and the law requires a business to have Workers Compensation Insurance. Work Comp insurance can provide the coverage to protect you from those unpredictable occurrences.
We can offer many different programs for different industries, in order to customize a package that fits your needs and industry. We take a proactive approach to our clients’ Workers Compensation challenges. We will work to reduce your insurance costs, thereby saving you money this year and years to come.
Coverage and benefits can be obtained for the worker no matter who is at fault. For those workers injured in the workplace, medical expenses and income replacement may be necessary. Our network of companies and experienced agents can analyze your work comp insurance needs. By contacting us today, we can assist and guide you through these complicated steps.
How does this benefit the business owner?
Reduced injuries and losses
Reduced medical and disability costs
Reduced policy adjustments
Reduced premium costs
Commercial Auto Insurance
Commercial Auto Insurance insures your vehicles for physical damage and liability coverages for amounts, situations, and usage not covered by a personal auto policy. This type of business insurance covers a variety of vehicles and is also referred to as commercial car insurance, truck insurance, or fleet insurance.
Why do you need Commercial Auto Insurance?
In general, if an auto is used in tasks related to the operator’s occupation, profession or business, other than commuting, a commercial policy is necessary.
– If you are using your auto to transport goods or people for a fee or if you use your auto to conduct a service, you may need a commercial auto insurance policy.
– A commercial auto policy may be appropriate if you need higher limits of liability because of the nature of your work.
– Hauling a considerable weight in tools or equipment or towing a trailer used to conduct your business may require a commercial auto insurance policy.
– A commercial insurance policy may be needed if employees operate the auto or if ownership is in the name of a corporation or partnership.
What does Commercial Auto Insurance cover?
Commercial auto insurance, like your personal auto policy, provides similar coverages such as liability, collision, comprehensive, medical payments (or personal injury protection) and uninsured motorists coverage to businesses. However, there are also differences between a commercial auto insurance policy and your personal auto policy that may include eligibility, definitions, coverages, exclusions, and limits.
Most Commercial auto policies are “named driver only” policies, meaning only those drivers listed on the policy can operate a covered auto.
What are the coverages?
Bodily injury liability coverage – pays for bodily injury or death resulting from an accident for which you are at fault and provides you with a legal defense.
Property damage liability coverage – provides you with protection if your car accidentally damages another persons property. It also provides you with a legal defense.
Combined single limit (CSL) – Liability policies typically offer separate limits that apply to bodily injury claims for property damage. A combined single limits policy has the same dollar amount of coverage per covered occurrence whether bodily injury or property damage, one person or several.
Medical payments, no-fault or Personal Injury Coverage – usually pays for the medical expenses of the driver and passengers in your car incurred as a result of a covered accident regardless of fault.
Uninsured motorist coverage – pays for your injuries and, in some circumstances, certain property damage caused by an uninsured or a hit-and-run driver. In some cases, underinsured motorist coverage is also included. This is for cases in which the at-fault driver has insufficient insurance.
Comprehensive physical damage coverage – pays for damage to or replacement of your car from theft, vandalism, flood, fire, and other covered perils.
Collision coverage – pays for damage to your car when it hits or is hit by another
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