Business Insurance

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Owning a business is complex. Rest easy knowing that our risk advisors are committed to helping you identify gaps in coverage, and cost-savings opportunities while adequately protecting your assets and income.

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Business Owners Policy (BOP)

A BOP is designed for small- to medium-sized businesses and combines business property and business liability insurance into one convenient policy.  Bundling policies in this manner typically offers a reduced premium, often making it a more cost-effective option than separately purchased policies.

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General Liability Insurance

All businesses have a need for general liability insurance. This type of policy protects you and your business from claims involving bodily injuries and property damage for which your company may be legally responsible.

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Business Auto Insurance

Business auto insurance protects small businesses when their vehicles are involved in a collision or are stolen, vandalized, or damaged. A commercial auto insurance policy provides funds to repair or replace the vehicle, and covers related medical expenses and third-party property damage.

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Commercial Property Insurance

Commercial Property Insurance protects the things that your business needs to run. It covers repair or replacement of your business property if it is stolen, damaged, or destroyed in a fire or natural disaster. Most policies cover office space owned by your business, fixtures, furniture, inventory, supplies, and equipment.

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Worker's Compensation Insurance

Worker's Compensation Insurance can pay for three things when an employee is injured at work: medical bills, recovery costs, and partial missed wages. If an employee dies, Workers' Comp can cover funeral costs and benefits to the worker's family. Depending on state laws and contract requirements, you may need this policy to cover employees, contractors, freelancers, or even yourself.

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Commercial Umbrella Insurance

Commercial Umbrella Insurance offers extra liability coverage for the most expensive lawsuits. For example, if a covered lawsuit maxes out your General Liability Insurance policy but you still owe money for damages, Commercial Umbrella coverage can provide additional funds to make up the difference. Specifically, an Umbrella policy can supplement the coverage offered by General Liability Insurance, Employer's Liability Insurance, and Commercial Auto Liability Insurance.

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Cyber Liability Insurance

Cyber Liability Insurance helps businesses survive data breaches and cyber attacks by paying for recovery expenses. When cybercriminals infiltrate a network, hold data hostage, or acquire sensitive data, the company they steal from can be held liable for the incident. That's where Cyber Insurance comes in. It can often pay for customer notification, credit monitoring, legal fees, and fines after a business experiences a breach.

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Employment Practice Liability Insurance (EPLI)

Employment Practices Liability Insurance (EPLI) can cover lawsuit expenses when an employee sues over discrimination, harassment, wrongful termination, and similar issues. These lawsuits are increasingly common, so Employment Practices Liability Insurance is essential for many small businesses.

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Errors and Omissions Liability Insurance (E&O)

Errors and Omissions Insurance (also called Professional Liability Insurance) does what its name implies: it covers your professional mistakes (errors) and the things you overlook (omissions). If you're sued over a professional mistake or oversight, this policy can help you pay for legal expenses.

Clients often accuse business owners of one of these three things in an E&O lawsuit:

• Professional mistakes.

• Failure to deliver promised services.

• Professional negligence.

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Directors and Officers Liability Insurance (D&O)

Directors & Officers Insurance (D&O) is a business liability policy that protects board members who are sued over decisions they make while serving on your board. The policy usually covers legal expenses for accusations of discrimination, defamation, and mismanagement of funds. Most board members expect this protection, so having D&O Insurance can help you recruit and keep top talent.

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Crime Insurance

Commercial crime package protects you from the costs associated with employee dishonesty, computer and funds transfer fraud, forgery or alteration, money and securities, and theft of a client’s property. It does not cover your actions or those of your partners, your liabilities due to crime-related losses, your accounting errors, or certain specific occupations.

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Builders Risk Insurance

Builder’s risk insurance can pay for damage done to a structure still under construction. It can cover costs resulting from fire, vandalism, weather, or on-site tools or equipment theft.

 

Liquor Liability Insurance

Liquor liability insurance provides coverage for legal fees, settlements, and medical costs if alcohol is sold to an intoxicated person who then harms others or damages property.

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Inland Marine Insurance

t's a type of Property Insurance that covers certain kinds of moveable property and other specialized items that standard property insurance policies can't cover. Many Inland Marine policies cover insured property no matter where it's located.

An Inland Marine Insurance policy can cover a range of items, such as cameras, musical instruments, and catering equipment. These things move from location to location, which subjects them to more opportunities for loss, damage, and theft. These increased exposures call for a separate form of property coverage, and that's where Inland Marine coverage comes in.

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Surety Bond

Surety bonds act as a contract between a business, a client, and an insurance company. They guarantee the insurer will reimburse the client if the business fails to deliver contracted services.

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