|
Businesses of every size have unique insurance needs. Some coverage
is required by law, some are required by your bank or secured lender
and some just makes good business sense. Your business needs may be
different than other similar businesses. For this reason we feel
strongly that to be able to provide the proper insurance protection
we need to understand what makes your business special. By learning
about our clients we can be sure we are providing the most
appropriate coverage and advice.
Some of the coverage options that most
businesses obtain are:
PROPERTY INSURANCE
This coverage provides the protection you need
to replace damaged equipment. It is often required when the
equipment is financed or leased. Buildings, equipment, leasehold
improvements are all considered property. Let us match your
coverage to your need.
WORKERS COMPENSATION INSURANCE
This coverage is mandatory for all employers
who have employees. An “employee” by definition is someone who you
pay for service. Part-time help and independent contractors are
employees. The state has a three prong test to determine if someone
is an employee. Once you have a policy, you have coverage. Rated
by the amount of payroll dollars, the policy is audited on year-end
to determine the correct premium. Sole Proprietors are eligible for
coverage even if they do not have any employees. Let us help you
properly insure your business and assist you in obtaining the
correct premium for your exposure.
COMMERCIAL GENERAL LIABILITY
The CGL policy is a wide array of coverage that
combines several coverage options into one business standard policy
making it easier to obtain the right coverage for your business. We
will help you identify you exposures and obtain the right
combination of liability coverage for your risk.
COMMERCIAL AUTOMOBILE INSURANCE
Company owned vehicles are employee vehicles used in business
require a commercial automobile policy. Similar to the personal
automobile policy, it is different in some aspects and should be
carefully reviewed to protect your company.
|
