Commercial/Business Insurance

Commercial Property:
Commercial Industrial Business insurance coverage policiesThis coverage protects any buildings or contents owned by a business. It can also provide coverage for loss of business income as a result of a loss that forces the business to shut down temporarily.

General Liability:
This coverage protects a company from lawsuits associated with business practices. It also provides coverage for premises liability to protect the business against injuries incurred by a third party while at the insured’s location.

Workers Compensation:
This coverage protects a business against injuries to their employees.

Commercial Auto:
This coverage protects a company vehicle against physical damage as well as personal liability. If you carry collision coverage we will pay the cost to repair the company vehicle minus any deductibles. If you carry comprehensive coverage we will pay for glass damage, theft & fire. If you injure someone in an accident or you are injured in an accident the policy will provide coverage based on the limits the business chose.

Excess Liability:
This coverage provides additional liability coverage above and beyond what your underlying business policies provide. The limits available vary by company.

Professional Liability:
Professional liability insurance, also called errors and omissions insurance (E & O insurance), protects your business if you are sued for negligence, even if you haven’t made a mistake. You should seriously consider this coverage if your business provides a professional service or regularly gives advice to clients.

Director & Officers Liability
This is liability insurance payable to the directors and officers of a company, or to the organization(s) itself, as indemnification (reimbursement) for losses or advancement of defense costs in the event an insured suffers such a loss as a result of a legal action brought for alleged wrongful acts in their capacity as directors and officers. Such coverage can extend to defense costs arising out of criminal and regulatory investigations/trials as well; in fact, often civil and criminal actions are brought against directors/officers simultaneously. Non-Profit organizations board members are not compensated but can be held personally liable for decisions they make and D & O insurance is a way to protect them.