Business Owners Insurance
A business owners insurance policy combines property and liability insurance in one policy. It can also include specific coverages to suit your needs and the particular risks associated with your business.
Workers Compensation Insurance
If an employee is hurt on the job, workers compensation insurance protects both your business and your employee. It offers coverage for loss of earnings, medical and rehab costs, and more. Without workers compensation insurance costs can quickly spiral out of control.
Business Auto Insurance
Business auto insurance is similar to personal auto insurance but offers more extensive coverage. Policies can be applied to any and all vehicles necessary to the running of your business.
Umbrella insurance is insurance for your other policies. When you max out on a particular insurance, or there is a line item that is excluded elsewhere your umbrella insurance will come into play. Typically a low-cost extra, umbrella insurance gives peace of mind and potentially huge value.
If you move goods overland you need inland insurance. For example, if you ship product or transport equipment between job sites, your regular property insurance may not cover you against damage or theft but your inland insurance will.
Flood, Business Property Insurance
Even outside of flood zones increased rainfall and more intense rain events can lead to flash floods, which can cause alarmingly expensive damage. Most property insurance policies do not include flood damage but you can usually purchase additional coverage for additional peace of mind.
Business Liability Insurance
No matter how careful you are, if you own or run a business you may be liable to a lawsuit or third-party claim. If someone is injured on your property, your liability insurance will cover you. If someone is injured by your product, your liability insurance will cover you.
Professional Liability Insurance
Similar to business liability insurance, professional liability insurance covers you when someone claims financial damage caused by a service or advice you provide. It is also known as errors and omissions insurance.
Boiler and Machinery Insurance
B&M Insurance provides coverage if your equipment fails. You may incur costs associated with repair or replacement of machinery and/or there may be loss of income caused by the breakdown. With B&M Insurance, you’ll be protected in full or in part depending on the level of coverage.
Employment Practices Liability Insurance
Win or lose, if an employee makes a claim against your business for malpractice, it can become expensive. Employment Practices Liability Insurance protects you if a current or former employee sues your business for any rights violation.
Group Health Insurance
There are rules that affect eligibility for group health insurance and what kind of group health insurance you can purchase. But the right group health insurance can attract the right employees and bring you considerable savings.