Business Insurance

Your choice for business insurance

Protect the investment you’ve made in your business.

As a business owner, finding the balance of watching the bottom line and protecting yourself is vitally important. We also understand you may not have time to review your insurance often. That’s why we’ll respect the time you allow us and get to the point. We’ll make sure we understand what you are trying to protect and come up with a reasonable insurance package solution.

Curious on the basics of a business insurance policy, here’s a great video covering the main parts of a business policy.

These are a few of our business insurance offerings:

  • Child Daycare
  • Contractor’s Policies
  • – Commercial Property
  • – Commercial General Liability
  • – Commercial Liability Umbrella
  • – Commercial Auto
  • – Worker’s Compensation
  • – Restaurants
  • – Landscapers and Snow Plow Businesses
  • – Offices
  • – Homeowners Associations
  • – Retail Stores
  • – and many more…

What is a Business Owner’s Package Insurance Policy?

A business owner policy packages (BOP) all required coverage a business owner would need. Often, BOPs will include business interruption insurance, property insurance, vehicle coverage, liability insurance, and crime insurance . Based on your company’s specific needs, you can alter what is included in a BOP. Typically, a business owner will save money by choosing a BOP because the bundle of services often costs less than the total cost of all the individual coverage’s.

What’s Covered with a Typical BOP Policy?

BOP’s typically include:    

  1. Property insurance for buildings and contents owned by the company  there are two different forms, standard and special, which provides more comprehensive coverage.
  2.  Business interruption insurance, which covers the loss of income resulting from a fire or other catastrophe that disrupts the operation of the business. It can also include the extra expense of operating out of a temporary location.
  3. Liability protection, which covers your company’s legal responsibility for the harm it may cause to others. This harm is a result of things that you and your employees do or fail to do in your business operations that may cause bodily injury or property damage due to defective products, faulty installations and errors in services provided.
  4. In most cases, BOPs do NOT cover professional liability, auto insurance, worker’s compensation or health and disability insurance. You’ll need separate insurance policies to cover professional services, vehicles and your employees.

What is Event Insurance?

Event Insurance covers the legal liability you or your company may hold from certain types of claims arising from accidents taking place during an event you host. Subject to the specific coverage terms, conditions and exclusions, it offers protection for the host / honoree for damage to the facility caused by a guest or vendor, bodily injury to guests they are found liable for, and alcohol-related accidents they are found liable for.

Do you need event insurance? 

 No matter the size of your event or how well prepared you are, you never know when the worst-case scenario could become your reality. It’s the small things that cause the most problems if you’re not properly covered. So even the most basic coverage policy could prove to be a big help in the long run.

What is an Insurance Bond?

An insurance bond ensures contract completion in the event of contractor default and are typically required by project owners when seeking a contractor to fulfill a contract. The contractor obtains a bond so the insurance company is obligated compensate the project owner for the financial loss incurred if the work is not completed.

Typical Insurance Bond Types

Although there are many types of insurance bonds, the four most common types needed by business owners are:    
  • Bid Bond – Ensures the bidder on a contract will enter into the contract and furnish the required payment and performance bonds if awarded the contract.     
  • Payment Bond – Ensures suppliers and subcontractors are paid for work performed under the contract.    
  • Performance Bond – Ensures the contract will be completed in accordance with the terms and conditions of the contract.    
  • Ancillary Bond – Ensures requirements integral to the contract, but not directly performance related, are performed.

What is Workers’ Compensation Insurance?

Workers’ compensation is a form of insurance providing wage replacement and medical benefits to employees injured in the course of employment in exchange for mandatory relinquishment of the employee’s right to sue his or her employer for the tort of negligence. Additional Information about Workers’ Comp Insurance While plans differ among jurisdictions, provision can be made for weekly payments in place of wages (functioning in this case as a form of disability insurance), compensation for economic loss (past and future), reimbursement or payment of medical and like expenses (functioning in this case as a form of health insurance), and benefits payable to the dependents of workers killed during employment (functioning in this case as a form of life insurance). General damages for pain and suffering, and punitive damages for employer negligence, are generally not available in workers’ compensation plans, and negligence is generally not an issue in the case.