Buildings you own or lease as part of your business, your business personal property, and the personal property of others make up the basic coverage sections of commercial property insurance.
Commercial General Liability
There are three primary sections that make up CGL policy: premises liability, products liability and completed operations. Premises liability covers liability for accidental injury or property damage that results from either a condition on your premises or your operations in progress, whether on or away from your premises. A products liability hazard exists for any business that manufactures, sells, handles, or distributes goods or products. The hazard being the potential liability for bodily injury or property damages that arises out of your goods or products. Completed operations covers your potential liability for bodily injury or property damage that arises out of your completed work.
When an employee suffers a work related injury or illness, workers compensation insurance steps in to provide benefits based on the type of illness or injury sustained.
Commercial automobile coverage can protect your company from any liability stemming from automobiles used in your business or any damage to the covered automobile. A Business Auto Policy (BAP) has the flexibility to provide coverage for business, personal, non-owned, or hired autos based on the coverage purchased and applied to each scheduled auto.
Covers the amount of loss above the limits of a basic liability policy. Commercial automobile, CGL, workers compensation, or any liability policy can be covered by a commercial umbrella.
Boiler & Machinery
Boiler and machinery insurance covers business property, other property losses, and legal fees (if any) that may result from the malfunction of boilers and machinery.
Inland Marine/Ocean Marine/Cargo
A specialized type of property insurance that primarily covers damage to or destruction of your business property while in transport. Inland marine also covers the liability exposure for the damage or destruction that may occur to property in your care, custody, or control during transport.
Type of Errors and Omissions policy written for directors and officers of corporations who may be sued as individuals by stockholders.
Added to a policy for one year minimum term to cover a new building or structure under construction or an existing structure undergoing additions, alterations, or repairs.
Liability arising out of rendering or failing to render services of a professional nature.