Business Insurance

Commercial Property and General Liability

The Commercial General Liability Policy provides insurance protection needed to pay damages for which the insured is legally responsible. Major coverages include bodily injury and property damage liability, personal injury and advertising injury liability, and medical payments. Coverage can be expanded or restricted with endorsements. Property and Business Continuation coverage insures buildings, business personal property, and loss of income due to damage from covered perils. Professional liability protects against claims arising from your acts, errors or omissions in the furnishing of professional services or advice. Directors and Officers Liability protects against claims for negligent acts, errors or omissions alleged to have been committed by present or former directors and officers of your corporation. Umbrella and Excess Liability provides a higher limit of coverage for extra protection over scheduled liability coverage, to act as primary coverage if your underlying limits are exhausted, and to provide coverage for some risks when your primary coverage does not.

Auto, Truck and Fleet

The liability portion of the commercial auto policy provides protection against legal liability arising out of the ownership, maintenance, or use of any insured automobile, including business-owned vehicles, hired autos, and non-owned autos driven by employees for business purposes. The coverage includes legal defense costs in addition to the policy limits. Medical payments coverage will pay medical and funeral expenses incurred by an insured because of bodily injury caused by an accident, regardless of fault. Collision and Comprehensive coverages provide protection against physical damage or loss to business autos.

Commercial Crime

The Commercial Crime Policy can be purchased with a variety of coverages, all protecting the business from criminal acts. Examples include Employee Dishonesty, Forgery or Alteration, Theft, Disappearance and Destruction, Robbery and Safe Burglary, Premises Burglary, Computer Fraud, and Extortion.

Workers Compensation

This coverage provides payment of benefits to an employee who suffers a work-related accident or illness. Benefits are paid to the employee without regard to fault. Policy limits and requirements are established by the workers compensation law or occupational disease law of any state listed in the policy. Employers are protected by statute against other work injury liability except where due to extreme negligence.

Employee Benefits

A variety of benefits components are available, including group medical, dental, vision, long term care, group life, short and long-term disability insurance, and Section 125 Cafeteria Plans. Businesses may also purchase insurance to ensure business continuation or to indemnify the business for loss of a key employee.