Business Insurance

Business Insurance

Safeguarding Your Success

Small businesses experience risks that can cease operations day and night. Unexpected things happen! To name just a few:

  • – Employees experience bodily injury
  • – Vehicles hit items on the road
  • – Manufacturers have downtime when dependent properties are inoperable
  • – Key employees are disabled on or off of work
  • – Fires damage property

Firms nowadays benefit most from long-term relationships with familiar sales and service representatives that are intimately familiar with the personality, focus, industry, and risk tolerance levels of the client firms. 

We facilitate these business insurance services and more on behalf of clients in 16 states because we have subject matter experts and agents in their areas of interest! Although policy requirements vary by state, we know our industries and appreciate working with those of similar focus.

The Business Owner’s Package policy, or BOP, facilitates many of the insurance coverage options needed by medium or small businesses. Since most businesses require a variety of different coverages, BOPs streamline the process by grouping together a lot of their main insurance needs.

A Business Owner’s Package is sometimes referred to as a homeowners policy for a business because of its wide range of coverage, while generally costing less than purchasing the policies separately.

Some of the policies and coverage options that protects your business include:

  • – Business Interruption Insurance: Also called Business Income Coverage, this type of insurance covers financial loss and expenses if a business is forced to close temporarily due to a covered event (e.g., fire, natural disaster).
  • – Commercial Auto Insurance: Covers vehicles used for business purposes, with different coverage options than personal auto insurance.
  • – Cyber Liability Insurance: Protects businesses from financial losses due to data breaches, cyberattacks, and privacy violations. 
  • – Directors & Officers (D&O) Insurance: Protects directors and officers of a company from personal liability for alleged wrongdoing in their decision-making capacity.
  • – Employee Dishonesty: Coverage for financial losses caused by employee theft, embezzlement, or forgery. 
  • – Employers’ Liability Insurance: Protects businesses from lawsuits by employees for workplace injuries or illnesses.
  • – Employment Practices Liability Insurance (EPLI): Protects businesses from legal claims made by current or former employees on grounds of wrongful termination, harassment, and more.
  • – Errors & Omissions (E&O) Insurance: Also called professional liability insurance, it protects businesses from claims of negligence or errors in their professional services.
  • – Excess Liability Insurance: Also called umbrella insurance for businesses, it provides additional coverage above the limits of primary insurance policies.
  • – General Liability Insurance: Protects businesses from lawsuits for bodily injury or property damage caused to others during business operations.
  • – Loss of Business Income: Similar to business interruption insurance, but may cover a wider range of income losses.
  • – Workers’ Compensation Insurance: Mandatory in most states, it provides medical benefits and lost wages to employees who are injured on the job.

Contact us to set up a fact-finding consultation with one of our agents to determine if your current coverages are appropriate and whether you can possibly save premiums on coverages that suit your needs. Let’s work together to tailor a plan to benefit your business and your cash flow.

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