Whatever purpose your commercial property serves, you need to protect it from the unexpected. As a business owner, too, we understand your challenges — and can help you understand your coverage options so you can select the coverage you want.
General Liability coverage is available for a wide range of risks. General classes of business include Mercantile; Manufacturing or Processing; Habitational; and Contracting or Servicing. Our top classes of business include apartments, condominiums, dwellings, hotels/motels, lessor’s risk, offices, restaurants, grocery stores, shopping centers, warehouses, mini/self storage units, and artisan contractors.
- Protection for any business-owned or leased commercial vehicle. Policies usually include collision and damage coverage as well as coverage for property and personal damage to others. You need business auto insurance to cover your vehicles. If you, or any of your employees have an accident in your business’s car, you may be liable for bodily injuries, lost wages or any damage caused.
- Workers' Compensation Insurance can pay for three things when an employee is injured at work: medical bills, recovery costs, and partial missed wages. If an employee dies, Workers' Comp can cover funeral costs and benefits to the worker's family. Depending on state laws and contract requirements, you may need this policy to cover employees, contractors, freelancers, or even yourself. Injuries cost small businesses in lost productivity. Without insurance, those costs would be compounded by employee medical expenses and missed wages.
- Equipment Coverages indemnifies loss to movable or specialized types of property, historically developing as an outgrowth of ocean marine insurance. This category of insurance includes property coverage for construction equipment, medical diagnostic equipment, fine arts, solar panels and wind turbines, cameras and movie equipment, musical instruments, and a wide variety of other types of property such as: Property in Transit, Property in the Custody of a bailee, Property deemed to be an instrumentality of transportation or communication, such as bridges and radio towers, Mobile medical equipment, and Mobile
- Professional liability insurance, more commonly known as errors and omissions (E&O insurance), is a special type of coverage that protects your company against claims that a professional service you provided caused your client to suffer financial harm due to mistakes on your part (errors) or because you failed to perform some service (omissions). E&O insurance can cover the cost of defending your company in a civil lawsuit and certain damages awarded, even if the legal action turns out to be groundless. Professional liability insurance is required by law in some areas for certain kinds of professional practices, especially medical and legal, where it is more commonly called malpractice insurance. This type of protection is not part of your general liability insurance or homeowners insurance.