Commercial Property Insurance
Insurance that is used to cover any type of commercial property. Commercial property insurance protects commercial property from such perils as fire, theft and other disasters. This type of insurance is carried by a variety of businesses, including manufacturers, retailers, service-oriented businesses and not-for-profit organizations.
Workers Compensation Insurance
Workers compensation is a form of insurance providing wage replacement and medical benefits to employees injured in the course of employment in exchange for mandatory relinquishment of the employees right to sue his or her employer for the tort of negligence. The tradeoff between assured, limited coverage and lack of recourse outside the worker compensation system is known as the compensation bargain.
General Liability Insurance
Liability insurance is very important for those who may be held legally liable for the injuries of others, especially medical practitioners and business owners. A product manufacturer may purchase product liability insurance to cover them if a product is faulty and causes damage to the purchasers or any other third party. Business owners may purchase liability insurance that covers them if an employee is injured during business operations.
This stand-alone policy covers the named insured liability for bodily injury (BI) and property damage (PD) caused by an independent contractor’s work for the insured. The policy to provides coverage for vicarious liability the project owner incurs as a result of the contractors acts or omissions on the project. The OCP policy also responds to liability arising out of the insureds own acts or omissions in connection with its general supervision of the contractors operations.
Commercial Vehicle Insurance
An insurance policy that covers the use of cars, trucks, vans and other vehicles in the course of carrying out its business. Coverage may include vehicles owned or leased by the company, hired by the company, or employee-owned vehicles used for business purposes.
Business Owners Insurance
A Business Owner Policy (BOP) insurance package combines protection from all major property and liability risks in one package. It’s usually sold at a premium less than the total cost of the individual’s coverage. These policies usually target small and medium-sized businesses and typically contain business interruption insurance, which provides reimbursement for up to a year of lost revenue resulting from an insured property loss.
Our AgriBusiness Solutions focus on the insurance needs of commercial farming and agricultural businesses, and will work with you and your agent to design a property and liability package that encompasses your entire operation.
Special Event Insurance
A special event is defined as an event, such as a wedding, anniversary party, Bar Mitzvah, fair, carnival, exhibition, fundraising dinner or other event of short duration, usually lasting ten days or less.
Umbrella insurance provides broad insurance beyond traditional home and auto. It provides additional liability coverage above the limits of owners, auto, and boat insurance policies. It can also provide coverage for claims that may be excluded by the primary policies.