BUSINESS COVERAGE WE OFFER

Commercial Auto

Get Business Auto Right
Here's How

The right commercial auto insurance policy is a vital policy that protects your business from the financial downfalls of accidents, damages, and liabilities involving your company's vehicles. Independent insurance agents, like us, offer the advantages of personalized guidance, access to a wide array of insurance companies, and the ability to match your unique business needs with the most competitive rates, making agencies like ours the go-to resource for securing the ideal coverage and rate to safeguard your business on the road.

Coverages to Consider

​When purchasing a commercial auto insurance policy, it's essential to consider various coverages to ensure that your business is adequately protected. Here are some of the key coverages to consider:

1. Liability Coverage: This is often the core component of a commercial auto policy, covering bodily injury and property damage your business vehicles may cause to others in an accident.
2. Medical Payments Coverage: This covers medical expenses for you and your passengers, regardless of fault, in the event of an accident.
3. Uninsured/Underinsured Motorist Coverage: Protects you if you are involved in an accident with an at-fault driver who lacks insurance or has insufficient coverage.
4. Collision Coverage: Covers the cost of repairing or replacing your vehicle if it's damaged in a collision with another vehicle or object.
5. Comprehensive Coverage: Provides protection against non-collision events, such as theft, vandalism, fire, or natural disasters.
6. Personal Injury Protection (PIP): This coverage can help pay for medical expenses and lost wages for you and your passengers, regardless of fault, in some states.
7. Cargo Coverage: Essential for businesses that transport goods, cargo coverage protects against damage or theft of the cargo being transported.
8. Hired and Non-Owned Auto Coverage: Extends coverage to vehicles not owned by the business but used for business purposes, such as employee-owned cars or rented vehicles.
9. Rental Reimbursement Coverage: Covers the cost of renting a replacement vehicle while your commercial vehicle is being repaired after an accident.
10. Towing and Labor Coverage: Pays for emergency roadside assistance, such as towing and labor costs.
11. Equipment and Tool Coverage: This covers specialized equipment or tools permanently attached to the vehicle, such as a crane or toolboxes.
12. Trailer Interchange Coverage: Important for trucking businesses, this coverage protects against physical damage to non-owned trailers being pulled by your vehicles.
13. Loading and Unloading Coverage: Protects against injuries or property damage that occurs during the loading or unloading process.
14. Non-Owned Vehicle Liability: Covers liability for vehicles that your business uses but doesn't own, like employee vehicles used for business purposes.
15. Specialized Endorsements: Depending on your industry and unique needs, you may need specialized endorsements for things like glass coverage, pollution liability, or hired auto physical damage.

Your specific insurance needs may vary based on your industry, the size of your fleet, and the types of vehicles you operate. It's essential to work with an experienced insurance agent or broker who can help you tailor a policy to your business's exact requirements.

Business Owners

Starting and running a business is a significant undertaking, and it comes with its share of risks. These risks can range from property damage and liability claims to unexpected events like theft, fires, or natural disasters. To protect your business from such uncertainties, having the right insurance coverage is essential. One valuable insurance option for small and medium-sized businesses is a Business Owner's Policy (BOP). In this article, we will discuss the importance of a BOP, who it works for, and why you should consider obtaining it through an independent insurance agent.
The Importance of a Business Owner's Policy (BOP)

1. Comprehensive Coverage: A Business Owner's Policy offers a comprehensive package of insurance coverages, combining general liability insurance and property insurance into one policy. General liability insurance covers your business against claims of bodily injury, property damage, and personal injury. Property insurance, on the other hand, protects your physical assets, such as your office space, equipment, and inventory. By bundling these two critical coverages, a BOP provides well-rounded protection for your business.
   
2. Cost Savings: Purchasing a BOP often results in cost savings for business owners. Combining coverage in a single policy is usually more affordable than buying separate general liability and property insurance policies. This cost-effective approach makes it an attractive option for small and medium-sized enterprises with budget constraints.
   
3. Tailored Policies: A BOP can be customized to fit the specific needs of your business. This means you can choose the coverage limits and endorsements that are most relevant to your industry and circumstances. For example, a retail business may have different coverage needs compared to a professional services firm, and a BOP can be tailored accordingly.
   

Who a Business Owner's Policy Works For

1. Small to Medium-Sized Businesses: BOPs are primarily designed for small and medium-sized businesses. They are ideal for retail stores, restaurants, offices, medical practices, and many other businesses with physical locations. These policies provide a balanced and affordable solution for managing risks.
   
2. Business Owners Looking for Convenience: If you want the convenience of having multiple insurance coverages bundled into one policy, a BOP is an excellent choice. It simplifies your insurance management and can save you time and effort when it comes to renewals and claims.
   

Why Work with an Independent Insurance Agent

1. Expertise and Guidance: Independent insurance agents are well-versed in the complexities of insurance and can provide expert guidance to help you make informed decisions. They can assess your specific business needs and recommend the right BOP coverage to suit your situation.
   
2. Access to Multiple Insurers: Independent agents work with multiple insurance companies, which means they can compare policies and prices from various providers to find the best fit for your business. This ensures that you receive the most competitive rates and coverage options available.
   
3. Personalized Service: Independent insurance agents offer personalized service and can assist you with policy management, claims processing, and any questions or concerns you may have. They are dedicated to your satisfaction and work on your behalf, not the insurance company's.
   

Conclusion
In today's unpredictable business environment, safeguarding your business is paramount. A Business Owner's Policy (BOP) is a valuable insurance solution that combines general liability and property coverage to provide comprehensive protection for your business. Whether you run a small retail store, a restaurant, or an office, a BOP can be tailored to meet your specific needs. To ensure you get the right coverage at the best price, partnering with an independent insurance agent is a smart choice. They bring expertise, access to multiple insurers, and a commitment to personalized service, making the process of obtaining a BOP straightforward and effective. Don't wait until an unexpected event threatens your business – protect it with a well-crafted BOP and the assistance of an independent insurance agent.

Package Policy

A Commercial Package Policy (CPP) is a type of insurance policy that is designed to meet the diverse insurance needs of businesses, particularly small to medium-sized enterprises (SMEs). Instead of purchasing multiple separate insurance policies, businesses can bundle various coverages into a single comprehensive package, which can be more cost-effective and convenient. A CPP is customizable, allowing businesses to tailor it to their specific risks and needs. Here's a detailed explanation of what a Commercial Package Policy is, what it typically consists of, and who it is commonly meant for:
1. What is a Commercial Package Policy?

• A Commercial Package Policy is a versatile insurance solution that combines different types of commercial insurance coverages into a single package. It provides businesses with flexibility, cost savings, and simplicity in managing their insurance needs.

2. What a CPP Typically Consists Of:
A Commercial Package Policy typically includes two or more of the following key coverages:

• Property Insurance: Coverage for your business property, including buildings, equipment, inventory, and fixtures. It protects against perils like fire, theft, vandalism, and natural disasters.
  
• General Liability Insurance: Protection against claims related to bodily injury or property damage arising from your business operations or premises. This coverage helps with legal defense costs and settlements.
  
• Commercial Auto Insurance: Coverage for vehicles used for business purposes, including company cars, trucks, and delivery vehicles. It provides protection in case of accidents, damage, or liability claims related to commercial vehicles.
  
• Commercial Umbrella Insurance: An additional layer of liability coverage that extends the limits of primary liability policies, such as general liability or auto insurance, providing extra protection against catastrophic losses.
  
• Workers' Compensation Insurance: Coverage for workplace injuries and illnesses. It provides benefits to employees for medical expenses and lost wages, while protecting employers from lawsuits related to workplace injuries.
  
• Business Interruption Insurance: Compensation for income losses and necessary expenses if your business is unable to operate due to a covered loss, such as a fire or natural disaster.
  
• Inland Marine Insurance: Protection for mobile or specialized property, such as equipment, tools, or goods in transit. This coverage is suitable for businesses with property that moves frequently.
  
• Professional Liability Insurance: Also known as Errors and Omissions (E&O) insurance, this coverage is for businesses that provide professional services. It protects against claims of negligence, errors, or omissions.
  
• Cyber Liability Insurance: Coverage against data breaches, cyberattacks, and the resulting legal and financial consequences. It's essential for businesses that handle sensitive customer information.
  
• Employment Practices Liability Insurance (EPLI): Protection against claims related to wrongful employment practices, such as discrimination, harassment, or wrongful termination.
  

3. Who is a CPP Commonly Meant For?
Commercial Package Policies are commonly meant for a wide range of businesses, including:

• Small and medium-sized enterprises (SMEs)
• Retailers
• Offices
• Manufacturers
• Restaurants
• Contractors
• Professional service providers
• Wholesalers
• Non-profit organizations

CPPs offer these businesses a convenient and cost-effective way to bundle their various insurance needs into a single policy, simplifying the insurance management process. The flexibility of a Commercial Package Policy allows businesses to customize their coverage to align with their unique risks and operations, making it an excellent choice for many types of commercial enterprises.

General liability

A Commercial Liability Policy, also known as Commercial General Liability (CGL) insurance, is a foundational form of insurance designed to protect businesses and organizations from a variety of liability risks. It provides coverage for legal claims related to bodily injury, property damage, and personal/advertising injury. A Commercial Liability Policy is essential for safeguarding businesses and their assets, as it can help cover legal defense costs, settlements, and judgments resulting from covered claims. Here's a detailed explanation of what a Commercial Liability Policy is, what it typically consists of, and who it is commonly meant for:
1. What is a Commercial Liability Policy?

• A Commercial Liability Policy is a type of business insurance that provides protection against a wide range of liability risks faced by businesses and organizations. It is one of the core components of commercial insurance and is essential for any business that interacts with the public or other businesses.

2. What a Commercial Liability Policy Typically Consists Of:
A Commercial Liability Policy typically includes the following key components:

• General Liability (GL) Coverage: This is the primary coverage that protects your business against claims of bodily injury and property damage caused by your business operations, products, or services. It includes coverage for medical expenses, legal defense costs, settlements, and judgments. Common examples include slip and fall accidents on your premises or damage to a client's property during a service.
  
• Products and Completed Operations (PCO) Coverage: This coverage is an extension of general liability and specifically applies to claims related to products you manufacture, distribute, or sell, as well as services you have provided. It covers injuries or property damage caused by your products or services, even after they have been delivered or completed.
  
• Personal and Advertising Injury (PAI) Coverage: PAI coverage protects against claims of non-physical injuries, such as libel, slander, false advertising, or invasion of privacy, arising from your advertising or other business activities.
  
• Medical Payments Coverage: This part of the policy provides limited coverage for medical expenses incurred by someone who is injured on your premises, regardless of who is at fault. It is meant to help avoid lawsuits for minor injuries.
  
• Defense Costs: The policy typically covers legal defense costs, which can be substantial even if a claim is unfounded. The insurance company will defend you in court if necessary.
  
• Coverage Extensions: Some policies include additional coverage extensions for specific risks, such as damage to rented premises, fire legal liability, and more.
  

3. Who is a Commercial Liability Policy Commonly Meant For?
Commercial Liability Policies are commonly meant for a wide range of businesses and organizations, including:

• Small businesses and startups
• Retailers
• Restaurants
• Contractors and construction companies
• Manufacturers
• Service providers (e.g., consultants, lawyers, accountants)
• Healthcare providers
• Non-profit organizations
• Property owners and landlords
• Technology companies
• Entertainment and event organizers

In essence, any business or organization that interacts with the public, provides products or services, or conducts advertising and marketing activities should have a Commercial Liability Policy in place. It's a fundamental form of protection that helps mitigate the financial risks associated with liability claims, legal expenses, and potential damages. The coverage can be tailored to the specific needs and risks of each business, making it a versatile and vital component of commercial insurance.

Property

A Commercial Property Policy is a type of insurance that provides coverage for physical assets, such as buildings, equipment, inventory, and other business property. This insurance is essential for protecting businesses from financial losses resulting from damage or destruction of their property due to covered perils. Here's a detailed explanation of what a Commercial Property Policy is, what it typically consists of, and who it is commonly meant for:
1. What is a Commercial Property Policy?

• A Commercial Property Policy is a form of business insurance that provides coverage for a wide range of physical assets, including real property (buildings and structures) and personal property (contents and inventory). It is designed to protect businesses from financial losses caused by various perils, such as fire, theft, vandalism, natural disasters, and more.

2. What a Commercial Property Policy Typically Consists Of:
A Commercial Property Policy generally includes the following key components:

• Building Coverage: This part of the policy provides coverage for the physical structure of your business property, including the building itself, structural elements (e.g., roof, walls), and permanently attached fixtures. It offers protection against a variety of perils, such as fire, vandalism, windstorms, and more.
  
• Business Personal Property (BPP) Coverage: BPP coverage insures your business's tangible assets, such as equipment, inventory, furniture, and fixtures. It provides protection against perils that may damage or destroy these items.
  
• Valuation Methods: The policy will specify how your property is valued in the event of a covered loss. Common valuation methods include Replacement Cost (the cost to replace property with a similar new one) and Actual Cash Value (replacement cost minus depreciation).
  
• Coverage Extensions: Commercial Property Policies often include coverage extensions for additional risks, such as property temporarily located off-site, property in transit, or valuable papers and records.
  
• Named Perils vs. Open Perils: Policies may be based on either named perils (coverage for specific risks explicitly listed in the policy) or open perils (coverage for all risks except those explicitly excluded). Open perils policies are more comprehensive but may have higher premiums.
  
• Deductibles: The policy will specify the deductible amount that you are responsible for paying before the insurance coverage takes effect. A higher deductible can result in lower premium costs.
  
• Coinsurance Clause: Some policies include a coinsurance clause that requires the insured to carry insurance coverage for a specified percentage of the property's total value. If the coverage falls below this percentage, a penalty may apply in the event of a claim.
  

3. Who is a Commercial Property Policy Commonly Meant For?
Commercial Property Policies are commonly meant for a wide range of businesses, including:

• Small and medium-sized enterprises (SMEs)
• Retailers and storefronts
• Manufacturers
• Service providers
• Office-based businesses
• Restaurants
• Property owners and landlords
• Warehouses and storage facilities
• Technology companies
• Non-profit organizations

Essentially, any business or organization that owns or leases physical property, such as buildings, equipment, inventory, and other assets, should have a Commercial Property Policy in place to protect against the financial consequences of property damage or destruction. The policy can be tailored to suit the specific property and business needs, providing essential protection for a business's most valuable assets.

inland marine

A Commercial Inland Marine Policy is a specialized form of insurance designed to protect property and assets that are mobile or in transit, rather than being fixed at a specific location. Despite its name, it covers property not only in inland waters but also during transportation anywhere, including overland and in storage. This type of insurance is crucial for businesses with property that moves frequently and faces various risks. Here's a detailed explanation of what a Commercial Inland Marine Policy is, what it typically consists of, and who it is commonly meant for:
1. What is a Commercial Inland Marine Policy?

• A Commercial Inland Marine Policy is a type of business insurance that provides coverage for property and assets that are not covered by standard property insurance policies, which typically apply only to property at a fixed location. Inland marine insurance is designed to cover movable property and assets, whether they are in transit, temporarily stored, or in use.

2. What a Commercial Inland Marine Policy Typically Consists Of:
A Commercial Inland Marine Policy generally includes the following key components:

• Property Coverage: This part of the policy provides coverage for a wide range of movable property, including tools, equipment, machinery, electronic devices, fine arts, and specialized equipment. It protects against various perils, including theft, damage, and loss, both on and off your business premises.
  
• Transit Coverage: Inland marine insurance extends coverage to property that is in transit, whether by land, air, or water. This can include cargo on trucks, shipping containers, or even property being transported to a different location.
  
• Builder's Risk Coverage: This component of the policy provides coverage for property that is under construction or renovation. It protects against damage due to construction-related risks, including fire, vandalism, and natural disasters.
  
• Installation Floater Coverage: Installation floater insurance protects property that is in transit to a job site and while it's being installed. It's often used by contractors or installation businesses.
  
• Bailee's Coverage: Bailee's insurance covers property that is in the care, custody, and control of a business. It is common for dry cleaners, repair shops, and other businesses that handle customers' property.
  
• Fine Arts and Valuables Coverage: This coverage is designed for businesses that deal with valuable items such as art galleries, museums, or jewelers. It provides protection against damage, theft, and loss.
  
• Contractor's Equipment Coverage: Designed for construction companies and contractors, this coverage protects tools and equipment used in the construction or renovation of buildings.
  

3. Who is a Commercial Inland Marine Policy Commonly Meant For?
Commercial Inland Marine Policies are commonly meant for a wide range of businesses, including:

• Contractors and construction companies
• Art galleries and museums
• Shipping and transportation companies
• Equipment rental businesses
• Manufacturers with movable machinery
• Repair shops (e.g., electronics, appliances, auto repair)
• Retailers with mobile assets or inventory in transit
• Jewelers
• Dry cleaners
• Exhibitors at trade shows and exhibitions
• Medical and dental equipment suppliers

Inland marine insurance is suitable for any business that frequently moves property, equipment, or assets, especially when these items are transported or temporarily stored at various locations. It helps protect against the unique risks associated with mobile property and assets that are not adequately covered by standard property insurance. The policy can be customized to meet the specific needs and risks of each business, making it a valuable and flexible component of commercial insurance.

crime

A Commercial Crime Policy is a specialized form of insurance designed to protect businesses from financial losses resulting from various types of fraudulent activities, theft, and embezzlement. This type of insurance helps businesses recover from financial losses and damages caused by dishonest acts of employees, third parties, or other individuals. Here's a detailed explanation of what a Commercial Crime Policy is, what it typically consists of, and who it is commonly meant for:
1. What is a Commercial Crime Policy?

• A Commercial Crime Policy is a form of business insurance that provides coverage for financial losses resulting from various criminal acts, including employee theft, forgery, fraud, and other dishonest activities. It is designed to protect businesses from internal and external risks related to illegal financial activities.

2. What a Commercial Crime Policy Typically Consists Of:
A Commercial Crime Policy generally includes the following key components:

• Employee Theft Coverage: This part of the policy provides protection against financial losses caused by dishonest acts committed by employees, including theft of money, securities, or property.
  
• Forgery or Alteration Coverage: Forgery or alteration coverage helps safeguard businesses against financial losses resulting from forged checks, documents, or other negotiable instruments.
  
• Computer Fraud Coverage: This coverage protects against financial losses due to fraudulent activities involving computer systems and electronic data, including unauthorized access or hacking.
  
• Funds Transfer Fraud Coverage: Funds transfer fraud coverage provides protection against financial losses caused by fraudulent electronic funds transfers, wire transfers, or other unauthorized money transactions.
  
• Money and Securities Coverage: This component of the policy covers financial losses related to theft, disappearance, or destruction of money, securities, and other valuable instruments.
  
• Robbery or Safe Burglary Coverage: Robbery or safe burglary coverage offers protection for financial losses resulting from theft of property or assets involving the use of force, breaking and entering, or similar criminal activities.
  
• Social Engineering Fraud Coverage: Social engineering fraud coverage addresses financial losses due to fraudulent activities involving social engineering tactics, such as phishing, impersonation, or manipulation of employees.
  
• Coverage Extensions: Commercial Crime Policies often include extensions or optional coverages for specific risks, such as counterfeit money, credit card fraud, and extortion.
  
• Deductibles: The policy will specify the deductible amount that you are responsible for paying before the insurance coverage takes effect. A higher deductible can result in lower premium costs.
  

3. Who is a Commercial Crime Policy Commonly Meant For?
Commercial Crime Policies are commonly meant for a wide range of businesses and organizations, including:

• Small and medium-sized enterprises (SMEs)
• Retailers
• Financial institutions
• Professional service providers (e.g., law firms, accounting firms)
• Non-profit organizations
• Healthcare providers (e.g., hospitals, clinics)
• Educational institutions
• Manufacturers
• Restaurants
• Property management companies
• Technology companies
• Public entities (e.g., government agencies)

Essentially, any business or organization that handles money, valuable assets, financial transactions, and sensitive data should consider a Commercial Crime Policy to protect against the financial consequences of dishonest activities and criminal acts. The policy can be tailored to meet the specific risks and needs of each business, providing essential protection for safeguarding against potential financial losses resulting from various types of criminal activities.

Cyber

A Commercial Cyber Policy, also known as a Cyber Liability Insurance policy, is a specialized form of insurance designed to protect businesses from the financial losses and liabilities associated with cyber threats and data breaches. In today's digital age, where businesses rely heavily on technology and data, this insurance provides coverage for a wide range of cyber risks. Here's a detailed explanation of what a Commercial Cyber Policy is, what it typically consists of, and who it is commonly meant for:
1. What is a Commercial Cyber Policy?

• A Commercial Cyber Policy is a type of business insurance that offers coverage for financial losses, legal expenses, and other liabilities that may result from data breaches, cyberattacks, and various forms of cybercrimes. It is designed to help businesses respond to and recover from cyber incidents effectively.

2. What a Commercial Cyber Policy Typically Consists Of:
A Commercial Cyber Policy generally includes the following key components:

• Data Breach Coverage: This component of the policy provides coverage for the costs associated with responding to a data breach, including notification of affected individuals, credit monitoring services, and public relations efforts to mitigate reputational damage.
  
• Cyber Extortion Coverage: Cyber extortion coverage protects against financial losses resulting from threats of extortion, such as ransomware attacks. It can cover ransom payments and the costs of dealing with the extortionist.
  
• Cyber Liability Coverage: This part of the policy addresses the legal and financial consequences of privacy breaches, including defense costs, settlements, and judgments in lawsuits related to the mishandling of sensitive customer data.
  
• Business Interruption Coverage: Business interruption coverage helps with the financial losses a business may incur if a cyber incident disrupts its operations. It can cover lost income and necessary expenses during downtime.
  
• Network Security Liability Coverage: This coverage is designed to protect against claims arising from security failures or data breaches due to network security vulnerabilities.
  
• Media Liability Coverage: Media liability coverage addresses claims related to online content, including defamation, copyright infringement, and other media-related liabilities.
  
• Regulatory and Legal Expense Coverage: This component provides coverage for the costs associated with regulatory investigations and legal actions resulting from a cyber incident, such as compliance with data breach notification laws.
  
• Coverage Extensions: Commercial Cyber Policies often include additional coverage extensions for specific risks, such as social engineering fraud, loss of digital assets, and reputational damage.
  

3. Who is a Commercial Cyber Policy Commonly Meant For?
Commercial Cyber Policies are commonly meant for a wide range of businesses and organizations, including:

• Small and medium-sized enterprises (SMEs)
• Retailers
• Financial institutions
• Healthcare providers (e.g., hospitals, clinics)
• Technology companies
• Professional service providers (e.g., law firms, accounting firms)
• Educational institutions
• Manufacturers
• E-commerce businesses
• Non-profit organizations
• Government agencies and municipalities

In the digital age, virtually all businesses that handle customer data, conduct online transactions, or rely on computer systems are potential targets for cyberattacks and data breaches. Commercial Cyber Policies provide essential protection against the financial and legal consequences of cyber incidents, making them a vital component of risk management in today's business landscape. The policy can be tailored to address the specific risks and needs of each business, offering financial security in the event of a cyber-related incident.

Workers' compensation

A Commercial Workers' Compensation Policy, often referred to as Workers' Compensation insurance, is a type of insurance that provides coverage for workplace injuries and illnesses suffered by employees. It is a legally mandated insurance for most businesses in the United States, designed to protect both employees and employers. Here's a detailed explanation of what a Commercial Workers' Compensation Policy is, what it typically consists of, and who it is commonly meant for:
1. What is a Commercial Workers' Compensation Policy?

• A Commercial Workers' Compensation Policy is a form of business insurance that offers coverage for the medical expenses, lost wages, and other related costs that result from work-related injuries or illnesses. It is mandatory for most businesses, and it helps protect employees while shielding employers from costly legal liabilities.

2. What a Commercial Workers' Compensation Policy Typically Consists Of:
A Commercial Workers' Compensation Policy generally includes the following key components:

• Coverage for Medical Expenses: The policy provides payment for medical treatment, including doctor's visits, hospital stays, surgeries, medication, rehabilitation, and other necessary medical care that an injured or ill employee may require.
  
• Disability Benefits: Workers' Compensation insurance provides disability benefits to compensate employees for the wages they lose while they are unable to work due to a work-related injury or illness. There are typically four categories of disability benefits: temporary total disability, temporary partial disability, permanent total disability, and permanent partial disability.
  
• Rehabilitation and Vocational Training: In cases where an employee needs vocational rehabilitation or retraining to return to work after an injury, the policy can cover these expenses.
  
• Death Benefits: If a work-related injury or illness leads to an employee's death, Workers' Compensation insurance provides death benefits to the employee's dependents or beneficiaries.
  
• Legal Coverage: The policy typically covers legal expenses related to Workers' Compensation claims and lawsuits, including defense costs and settlements.
  
• Employer's Liability Coverage: This coverage safeguards the employer in the event of a lawsuit by an injured employee. It covers legal defense costs and any settlements or judgments that may result from such a lawsuit.
  

3. Who is a Commercial Workers' Compensation Policy Commonly Meant For?
Commercial Workers' Compensation Policies are commonly meant for nearly all businesses, regardless of their size or industry. This insurance is legally required in most U.S. states and is designed to protect both employees and employers. Commonly, it is meant for:

• Small and large businesses
• Retailers
• Manufacturers
• Contractors and construction companies
• Healthcare providers
• Restaurants
• Professional service providers (e.g., law firms, accounting firms)
• Educational institutions
• Non-profit organizations
• Government agencies and municipalities
• Agricultural businesses
• Transportation companies
• And many more

Workers' Compensation insurance is a fundamental part of ensuring that employees are taken care of in the event of workplace injuries or illnesses. It also provides employers with legal protection, as employees who accept Workers' Compensation benefits are typically unable to sue their employer for additional damages. Compliance with Workers' Compensation regulations is crucial, as failing to provide coverage can result in legal penalties for employers. Therefore, it is an essential policy for virtually all businesses with employees.

tools & Equipment

A Commercial Tools and Equipment Policy, also known as Inland Marine Tools and Equipment Insurance, is a specialized type of insurance designed to protect businesses from financial losses resulting from damage, theft, or loss of tools, equipment, machinery, and other valuable assets that are frequently moved or used off-site. This insurance is crucial for businesses that rely on valuable tools and equipment to operate. Here's a detailed explanation of what a Commercial Tools and Equipment Policy is, what it typically consists of, and who it is commonly meant for:
1. What is a Commercial Tools and Equipment Policy?

• A Commercial Tools and Equipment Policy is a type of business insurance that provides coverage for physical assets, such as tools, equipment, machinery, and other valuable items that are frequently used or transported off the business premises. It is designed to protect against various perils, including damage, theft, and loss.

2. What a Commercial Tools and Equipment Policy Typically Consists Of:
A Commercial Tools and Equipment Policy generally includes the following key components:

• Coverage for Tools and Equipment: This component of the policy provides coverage for the tools and equipment used by the business, such as hand tools, power tools, construction equipment, diagnostic equipment, machinery, and specialized equipment. It covers damage, theft, and loss.
  
• Transit Coverage: The policy extends coverage to tools and equipment that are in transit, whether by land, air, or water. This can include tools and equipment being transported to job sites, exhibitions, or customer locations.
  
• Theft Coverage: Theft coverage protects against financial losses resulting from the theft of tools and equipment, whether from a business location, a vehicle, or an off-site location.
  
• Damage Coverage: Damage coverage helps cover the cost of repairing or replacing tools and equipment that are damaged due to accidents, fires, natural disasters, vandalism, or other covered perils.
  
• Replacement Cost: The policy may offer replacement cost coverage, which pays for the cost of replacing lost or damaged items with new, equivalent items, without factoring in depreciation.
  
• Scheduled or Unscheduled Property: Some policies allow businesses to schedule specific high-value items individually, while others cover unscheduled property within specified coverage limits.
  
• Coverage Extensions: Commercial Tools and Equipment Policies often include additional coverage extensions for specific risks, such as tool and equipment breakdown, rental reimbursement, and borrowed tools coverage.
  

3. Who is a Commercial Tools and Equipment Policy Commonly Meant For?
Commercial Tools and Equipment Policies are commonly meant for a wide range of businesses, including:

• Contractors and construction companies
• Manufacturing businesses
• Repair shops (e.g., auto repair, appliance repair)
• Landscaping and gardening businesses
• Electrical and plumbing contractors
• Trade professionals (e.g., electricians, plumbers, HVAC technicians)
• Service providers with specialized equipment (e.g., medical equipment, diagnostic tools)
• Agricultural businesses
• Artisan and craftspeople
• Event exhibitors and tradeshow participants

This type of insurance is essential for businesses that rely on tools and equipment to conduct their daily operations. By providing protection against damage, theft, or loss of these valuable assets, the policy ensures that businesses can continue to operate effectively and minimize financial losses in the event of unforeseen events. The coverage can be tailored to address the specific tools and equipment used by each business, making it a valuable and flexible component of commercial insurance.

Bonds

A Commercial Bond Policy, often referred to as a surety bond or simply a bond, is a financial guarantee provided by a surety company to ensure that a principal (the party requiring the bond, often a business) will fulfill certain obligations, meet contractual terms, or comply with regulations. It is commonly required in various industries and government contracts to protect against financial losses resulting from the principal's failure to fulfill their commitments. Here's a detailed explanation of what a Commercial Bond Policy is, what it typically consists of, and who it is commonly meant for:
1. What is a Commercial Bond Policy?

• A Commercial Bond Policy is a type of insurance that guarantees the performance or fulfillment of a specific obligation or contract. It is a three-party agreement involving the principal, who requires the bond, the obligee, who is the party protected by the bond, and the surety company, which provides the financial guarantee.

2. What a Commercial Bond Policy Typically Consists Of:
A Commercial Bond Policy generally includes the following key components:

• Bond Type: There are various types of commercial bonds, each serving a specific purpose. Common types include bid bonds, performance bonds, payment bonds, license and permit bonds, court bonds, and fidelity bonds, among others.
  
• Principal: The principal is the party that requires the bond to guarantee the fulfillment of an obligation. For example, a contractor may need a performance bond to guarantee the completion of a construction project.
  
• Obligee: The obligee is the party that is protected by the bond. In most cases, it is the party that requires the bond to ensure that the principal fulfills their obligations. For instance, a government agency may be the obligee in a contract requiring a performance bond.
  
• Surety Company: The surety company provides the financial guarantee, and it assesses the financial stability and capability of the principal to fulfill the bonded obligation. If the principal fails to do so, the surety company compensates the obligee for financial losses up to the bond's limit.
  
• Bond Amount: The bond amount specifies the maximum amount the surety company will pay in the event of the principal's failure to meet their obligations.
  
• Bond Premium: The principal pays a bond premium to the surety company for the financial guarantee. The premium is typically a percentage of the bond amount and is determined based on factors such as the principal's creditworthiness and the type of bond.
  
• Bond Term: The bond term specifies the duration for which the bond is valid. It is usually tied to the duration of the contractual or regulatory obligations.
  

3. Who is a Commercial Bond Policy Commonly Meant For?
Commercial Bond Policies are commonly meant for a wide range of businesses and professionals, including:

• Contractors and construction companies (bid, performance, and payment bonds)
• Business owners (license and permit bonds, such as contractor's licenses, auto dealer bonds, and notary bonds)
• Court-appointed individuals (court bonds, such as probate bonds or fiduciary bonds)
• Public officials and government entities (public official bonds)
• Freight brokers (freight broker bonds)
• Financial institutions (fidelity bonds, such as employee dishonesty bonds)
• Healthcare professionals (license and permit bonds for medical practices)
• Real estate professionals (real estate broker bonds)
• Importers and exporters (customs bonds)

Commercial Bond Policies are a fundamental tool to ensure that various contractual and regulatory obligations are met and that parties protected by the bond are financially compensated in case of non-compliance. They are commonly required by government agencies, industry regulators, and project owners to minimize risks associated with non-performance or non-compliance. The type of bond required depends on the specific obligations and the industry or business involved.

Professional / E&O

A Commercial Professional Errors and Omissions (E&O) or Directors and Officers (D&O) Policy is a specialized form of insurance designed to protect businesses and their leaders from financial losses resulting from claims related to professional errors, omissions, or mismanagement. While E&O insurance focuses on protecting professionals and businesses against claims of negligence in providing professional services, D&O insurance is designed to protect the personal assets and liabilities of directors and officers of a company. Here's a detailed explanation of what a Commercial Professional E&O or D&O Policy is, what it typically consists of, and who it is commonly meant for:
1. What is a Commercial Professional E&O or D&O Policy?

• A Commercial Professional E&O or D&O Policy is a type of business insurance that provides coverage for financial losses resulting from claims of negligence, errors, omissions, or mismanagement. While E&O insurance focuses on professionals and their businesses, D&O insurance is directed at the personal liabilities of directors and officers who make important decisions for a company.

2. What a Commercial Professional E&O or D&O Policy Typically Consists Of:
A Commercial Professional E&O or D&O Policy generally includes the following key components:
Professional Errors and Omissions (E&O) Policy:

• Coverage for Professional Services: This component of the policy provides coverage for claims related to errors, omissions, or negligence in the provision of professional services. It applies to businesses that provide specialized advice, expertise, or services, such as consultants, lawyers, architects, engineers, and healthcare providers.
  
• Legal Defense Costs: The policy covers the legal defense costs, including attorney fees, court fees, and settlements, related to claims of professional negligence.
  
• Breach of Contract Coverage: This extension covers claims related to breaches of contract when a business fails to meet its contractual obligations.
  
• Claims-Made or Occurrence-Based Coverage: E&O policies can be claims-made or occurrence-based. Claims-made policies cover claims made during the policy period, while occurrence-based policies cover incidents that occurred during the policy period, regardless of when the claim is made.
  

Directors and Officers (D&O) Policy:

• Coverage for Directors and Officers: D&O insurance provides protection to the personal assets of directors and officers of a company. It covers claims against these individuals for decisions made in their roles as corporate leaders.
  
• Entity Coverage: Some D&O policies may include coverage for the company itself, protecting it from liabilities related to the actions or decisions of its directors and officers.
  
• Side A, B, and C Coverage: D&O policies may include different sides of coverage. Side A covers individual directors and officers. Side B covers the company's indemnification of its directors and officers. Side C covers the entity's own liability.
  
• Legal Defense Costs: D&O policies cover legal defense costs, including attorney fees, court fees, and settlements, associated with claims of mismanagement, fiduciary duty breaches, and wrongful acts by directors and officers.
  

3. Who is a Commercial Professional E&O or D&O Policy Commonly Meant For?
Commercial Professional E&O and D&O Policies are commonly meant for a wide range of businesses and professionals, including:
Professional Errors and Omissions (E&O) Policy:

• Consultants and consulting firms
• Law firms and attorneys
• Architects and engineers
• Healthcare providers
• Accountants and financial professionals
• Real estate professionals
• Technology companies
• Non-profit organizations
• Environmental consultants
• Insurance brokers

Directors and Officers (D&O) Policy:

• Public and private companies
• Non-profit organizations and associations
• Educational institutions
• Financial institutions
• Healthcare organizations
• Publicly traded companies
• Startups and emerging businesses
• Government entities and municipalities
• Board members of various organizations

E&O insurance is essential for professionals and businesses that provide specialized services or advice, as it protects them from financial losses resulting from claims of professional negligence. D&O insurance is crucial for directors and officers of businesses and organizations to protect their personal assets and liabilities in the event of claims related to their management decisions. The policy can be customized to meet the specific risks and needs of each business or individual.

Umbrella

A Commercial Umbrella Policy, also known as Excess Liability Insurance, is a form of business insurance that provides additional liability coverage beyond the limits of an underlying primary insurance policy. It is designed to protect businesses from catastrophic financial losses resulting from large lawsuits and claims that exceed the coverage limits of their primary policies. Here's a detailed explanation of what a Commercial Umbrella Policy is, what it typically consists of, and who it is commonly meant for:
1. What is a Commercial Umbrella Policy?

• A Commercial Umbrella Policy serves as a secondary layer of liability coverage that extends the coverage limits of the underlying primary insurance policies, such as general liability, auto liability, or employer's liability. It is intended to provide an extra layer of protection when the limits of the primary policies are exhausted due to a significant claim or lawsuit.

2. What a Commercial Umbrella Policy Typically Consists Of:
A Commercial Umbrella Policy generally includes the following key components:

• Excess Liability Coverage: The primary function of the policy is to provide additional liability coverage that exceeds the limits of the underlying primary policies. This excess coverage is triggered when the primary policy's limits have been reached.
  
• Broader Coverage: Umbrella policies often offer broader protection by covering a wider range of liability exposures. This may include personal injury claims, advertising injury, or other types of claims not covered by some primary policies.
  
• Aggregate Limit: The policy may have an aggregate limit, which is the maximum amount the insurer will pay over the policy period for all covered claims. It can be separate from or combined with the per-occurrence limit, depending on the policy.
  
• Retention or Deductible: Some umbrella policies require the insured to pay a self-insured retention (SIR) or deductible before the umbrella coverage is triggered. This is the responsibility of the insured before the umbrella coverage comes into play.
  
• Legal Defense Costs: The policy typically covers legal defense costs, including attorney fees and court fees, in addition to the liability limits. This is a valuable aspect of umbrella coverage, as legal defense can be a substantial expense.
  

3. Who is a Commercial Umbrella Policy Commonly Meant For?
Commercial Umbrella Policies are commonly meant for a wide range of businesses, including:

• Small and large businesses
• Corporations
• Non-profit organizations
• Public entities and municipalities
• Healthcare providers
• Construction companies
• Manufacturers
• Retailers
• Contractors
• Professional service providers
• Transportation companies
• Hospitality and restaurant businesses

Commercial Umbrella Policies are particularly beneficial for businesses that want additional financial protection against catastrophic liability claims that could exceed the limits of their primary insurance policies. This extra layer of coverage ensures that businesses have the necessary resources to respond to large lawsuits, legal costs, and settlements, helping protect their assets and financial stability. The policy can be customized to meet the specific needs and risks of each business, making it a valuable component of comprehensive commercial insurance.

Special event

A Commercial Special Event Policy, often referred to as Event Insurance or Special Event Liability Insurance, is a type of insurance that provides coverage for specific risks associated with organizing and hosting special events, such as weddings, festivals, parties, concerts, trade shows, and other one-time gatherings. This insurance is designed to protect event organizers, venue owners, and participants from potential liabilities and unforeseen incidents that may occur during the event. Here's a detailed explanation of what a Commercial Special Event Policy is, what it typically consists of, and who it is commonly meant for:
1. What is a Commercial Special Event Policy?

• A Commercial Special Event Policy is a type of business insurance that offers coverage for various risks associated with organizing and hosting special events. These risks can include property damage, bodily injury, and liability claims. The policy provides financial protection and peace of mind to event organizers and other parties involved in the event.

2. What a Commercial Special Event Policy Typically Consists Of:
A Commercial Special Event Policy generally includes the following key components:

• General Liability Coverage: This component provides coverage for bodily injury or property damage claims that may arise during the event. For example, if a guest slips and falls at a wedding reception, general liability coverage can help protect the event organizer from resulting legal expenses and claims.
  
• Host Liquor Liability: Host liquor liability coverage is an essential element for events where alcohol is served. It protects against claims related to alcohol-related accidents, such as intoxicated guests causing harm to others.
  
• Property Damage Coverage: Property damage coverage provides protection for damage to the event venue or other property during the event. It is useful for events that involve the use of rented equipment, decorations, or facilities.
  
• Additional Insureds: The policy can include provisions to add vendors, performers, or venue owners as additional insured parties to ensure they are also protected from liability claims.
  
• Event Cancellation Coverage: Some policies offer event cancellation coverage, which compensates event organizers for financial losses incurred due to unexpected event cancellations, such as severe weather conditions or natural disasters.
  
• Special Features or Riders: Depending on the nature of the event, additional features or riders may be included in the policy to cover specific risks or circumstances, such as terrorism coverage or coverage for prize indemnity.
  

3. Who is a Commercial Special Event Policy Commonly Meant For?
Commercial Special Event Policies are commonly meant for a wide range of event organizers and participants, including:

• Event planners and organizers
• Venue owners
• Wedding planners and couples
• Concert and festival organizers
• Party hosts
• Trade show organizers
• Sports event organizers
• Non-profit organizations hosting fundraising events
• Performing artists and musicians
• Vendors and exhibitors
• Event volunteers

This type of insurance is crucial for anyone involved in planning, organizing, or participating in a special event to ensure protection from unforeseen incidents and liabilities. Commercial Special Event Policies can be tailored to the specific needs and risks associated with each event, making them a valuable and flexible component of event planning and risk management.

BUSINESSES WE INSURE

Contractors

Auto Repair

Retail

Offices

Restaurants

Cleaning

Golf Courses

Professionals

Funeral Home

Vacation Rental

THE QUOTING PROCESS
QUICK AND EASY

• 1. Obtain Your Info
• 2. We Review
• 3. We Contact You

<

>

We get info like driver & vehicle info, along with the coverages you would like. We are happy to provide input on your choices!

Mostly, we tidy up the loose ends, order reports and fix anything that doesn't line up to make sure your rate is 100% accurate.

We can call, email, text, even video chat & screen share to talk through the next steps. Or we can set up a time & date if "now" is not the best time.