There are several parts to properly insuring a business as outlined below. No two businesses are the same, so it’s important to discuss with an insurance professional when taking out a policy.

• Property Insurance - coverage damages to business property including building and the contents. Can include specific industry-related coverages for a more robust policy.

• Commercial Auto - coverage for vehicles used in the line of business, including semi’s. Works similar to personal auto policy in regards to paying for damages and claims, however these plans are catered to the specific types of vehicles and the work associated.

• Business Income - this is to replace loss of income dereived from a covered loss. Helps keeps income coming in when the business’s income has been impacted whether in full or partially.

• General Liability - coverage for third parties in a covered claim. Typically covers injury related to customers on the premises.

• Umbrella - provides extra liability coverage when liability losses exceed that of the primary policy limits.

• Cyber Liability - helps cover against a data breach when the business is impacted to restore data and mitigate customers data.

• Errors and Omissions - professional liability coverage to protect against mistakes that can occur when performing a job for a customer.

• Workers Compensation - these plans cover the employee’s wages and medical benefits if they are hurt on the job.

Business insurance can provide a safety net and keep you in business when a claim occurs. There are several parts to business insurance, and some are optional coverages. When employees count for a paycheck and as a business owner depends on smooth operations, an adequately written insurance policy specific the needs of the business is the right plan.

Business insurance can help pay for:

• A fire loss at your business
• Hackers steal customers data
• An employee crashes your vehicle
• Service work was done incorrectly
• An employee slips and falls while at work

Get a business quote started below or give Remie a call!