REPRESENTING MULTIPLE CARRIERS, WE COVER SOME OF THE HARDEST TO PLACE LIABILITY RISKS ON THE MARKET. IT CAN SOMETIMES BE FRUSTRATING TO FIND COVERAGE, ESPECIALLY IF YOU ARE A HIGH RISK COMPANY, BUT WE MAKE FINDING THE RIGHT COVERAGE AND CARRIER EASY. LOOK NO FURTHER - WE'VE GOT YOU COVERED.
Business Insurance Defined
Insurance coverage that protects businesses from losses due to events that may occur during the normal course of business. There are many types of insurance for businesses including coverage for property damage, legal liability and employee-related risks. Companies evaluate their insurance needs based on potential risks, which can vary depending on the type of environment in which the company operates.
It is especially important for small business owners to carefully consider and evaluate their business insurance needs because they may have more personal financial exposure in the event of loss. If a business owner does not feel he or she has the ability to effectively asses business risk and the need for coverage, he or she should work with a reputable, experienced and licensed insurance agent or broker.
Which Business Insurance Coverages Do You Need?
The types and amount of insurance that you need for your small business are based on several factors. What type of business are you in? Where is it located? Do you have employees?
You can evaluate your insurance needs—and start your search for insurance—by first considering the size of your business. These definitions may vary, but are generally based on the number of employees, total sales and earnings. The definitions below can help you determine where your business falls—and your insurance professional can provide guidance as well.
General Liability pays losses arising from real or alleged bodily injury, property damage, or personal injury on your business premises or arising from your operations.
Workers compensation laws were created to ensure that employees who are injured on the job are provided with fixed monetary awards, and it protects businesses from costly lawsuits.
Business Owner's policies combine business property and general liability into one insurance policy. It protect your business from common risks. A BOP can be custom tailored to fit your businesses unique needs.
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