Commercial Products
Below you will find more information on our Commercial Products!
Liquor Liability

Protects against legal expenses brought on by intoxicated patron who leave your premises and bring on a lawsuit from over consumption at your business.

Scenarios

  • An intoxicated customer stumbles into another customer at your bar, who falls and breaks an arm. The injured customer sues to recoup money spent on medical bills.

Covers

  • 3rd party bodily injury
  • 3rd party property damage
  • Legal costs
  • Additional claims, such as assault and battery

Doesn't Cover

  • Libel and slander
  • Damage to your business property
  • Incidents related to underage drinking
Valuable Papers & Accounts Receivable Coverage

Replace & restore important financial documents damaged from a covered loss. Must have paper trail to justify your numbers.

Directors & Officers

Personal financial protection for your company's directors and officers from actual or alleged covered acts of wrongdoing while serving on the board and or as an officer.

Scenarios

  • Inability to pay back creditors if the company ever goes under. 
  • Can be sued by investors, customers, vendors, or employees.

Covers Exposures to the following:

  • Regulatory actions
  • Misrepresentation allegations
  • Securities litigation
  • Breaches of fiduciary duties.
  • Unanticipated litigation
  • Misuses of company funds

Doesn't Cover

  • Lawsuits between directors and officers within the company. 
  • Fraud commited by director/officer
  • Varies from policy to policy.
Accident Insurance

Coverage protects students, teachers and supervisors when they are involved in a covered accident that occurs on school grounds or during supervised school activities.

Covers

  • Hospital trips
  • Doctor appointments
  • Bandages
  • Casts
  • Medicine to prevent illness or infection
Installation Coverage

Covers personal property installed, fabricated or erected by a contractor.

It covers the property until the installation work is accepted by the purchaser or when the insured’s interest in the property installed ceases.

Environmental Pollution

Provides coverage for loss or damages resulting from unexpected releases of pollutants that can lead to a potentially catastrophic environmental issue.

Covers losses or damages for:

  • Bodily injury
  • Property damage
  • Cleanup costs
  • Business interruption

** Depending on the policy it could provide coverage for risks connected to historic contamination or operational issues such as lead paint, mold, asbestos, Legionella or indoor poor air quality.

Builder's Risk

Helps protect buildings under construction.

Helps protect construction projects from damage due to:

  • Fire
  • Lightning
  • Hail
  • Explosions
  • Theft
  • Vandalism
  • Hurricanes 

Covers buildings and structures under construction and protects:

  • Materials
  • Fixtures
  • Supplies
  • Equipment on site, in transit or at other locations.
  • Lost sales
  • Rental income
  • Additional Interest on loans
  • Real estate taxes

Doesn't Cover:

  • Wear and tear
  • Acts of terrorism and war
  • Employee theft
  • Rust and corrosion
  • Mechanical breakdowns
  • Damage due to faulty design
  • Planning
  • Workmanship and materials
  • Engineers

Can Be Added:

  • Scaffolding
  • Construction forms
  • Temporary structures
  • Debris removal and disposal in the event of a loss
  • Pollutant cleanup
Bonds

Proof of financial ability to complete project, often requested by the city.

  • Guarantees the repayment of the principal and all associated interest payments to the bondholders in the event of default.
  • Protects investors from financial loss
  • Protects subcontractors, laborers, and suppliers from financial loss.
  • Protects the public- construction bonds guarantee the performance, maintenance, and workmanship of contractors and ensure that everything will be done according to all laws, regulations, and standards for the safety of the general public.
  • Ensures that all projects are completed according to the signed contracts.
Medical Malpractice

Protects from professional negligence.

Scenarios

  • Giving the wrong advice
  • Giving the wrong dosage of medicine to a patient. 
  • Illnesses developed after medical care.

Covers

  • Failure to provide quality care
  • Results in physical or mental harm/pain and suffering 
  • Economic damages such as- lost wages and the costs of ongoing care. 
  • Protects medical practice in the event of a covered claim or lawsuit.

Doesn't Cover

  • Inappropriate behavior
  • Criminal acts
  • Alteration of medical records
  • Sexual misconduct
  • Selling drugs from the medical facility
Errors & Ommissions

Covers your business if you are sued for negligently performing your services, even if you haven’t made a mistake.

Scenarios

  • Sued because you did something you shouldn’t have or didn’t do something you should have in the course of providing professional services. 
  • Covering the cost to defend yourself, as well as any settlement or judgement.

Covers

  • Alleged or actual negligence
  • Defense costs
  • Personal injury (e.g. libel or slander)
  • Temporary staff and independent contractors
  • Claims arising from services provided in the past.
  • Worldwide coverage

Doesn't Cover

  • Alleged or actual negligence
  • Defense costs
  • Personal injury (e.g. libel or slander)
  • Temporary staff and independent contractors
  • Claims arising from services provided in the past.
  • Worldwide coverage
Equipment Breakdown Coverage

Covers damages caused by covered internal forces, such as power surges, electrical shorts, mechanical breakdowns, motor burnout or operator error.

Covers

  • Home appliances
  • Furnace
  • HVAC

Doesn't cover software

Landlord Insurance - Dwelling Fire

Protects the home or structure you rent and provides liability coverage.

  • Protects property against covered perils.
  • Does not cover loss of rent. Nor does it cover the tenants' personal belongings.
  • Pays for lawsuits against you or things that are your fault.

Scenarios

  • Tenant sues you because they had a slip and fall accident on the stairs because the handrail was broken. 
  • Neglecting to fix a leaking water pipe and mold damage destroys a tenant’s personal property.
Rent Guarantee Insurance

Covers nonpayment of rent if a tenant defaults on any rent payments they’ve agreed to in their lease.

Business Income Continuation

Covers the loss of income that is sustained while the business is unable to operate due to damage from a covered loss.

  • Business Income is generally defined as the net income (net profit or loss) plus normal continuing operating expenses.
  • The period of restoration begins when covered damage forces a business to suspend its operations, and it ends when the covered damage is, or reasonably could have been, repaired.
Employee Dishonesty

Protects businesses against property thefts committed by employees.

  • Protects businesses against property thefts committed by employees.
  • Employee must be fired. If you make a claim against the actions of an employee and keep that person in the company, another claim to the insurance company for the actions of that person may be denied.
  • Employee dishonesty coverage may not offer compensation for several types of harmful incidents, such as data breaches, accounting errors, government seizures, legal fees, and vandalism.
  • You may add errors and omissions coverage to your insurance policy to cover honest mistakes, bad advice, or negligence.
  • Insurance companies write policies based on either when the loss was discovered or when the loss was sustained.
  • Policy coverage limits can be as high as $1 million or as low as $100,000.

Scenarios

  • Stolen property or inventory/equipment
  • Theft of money
  • Unauthorized wire transfers
  • Fraud by an employee
Business Interruption

Also known as loss of income insurance, helps keep you in business when unexpected events occur.

If the unthinkable does happen and your entire business is destroyed, you will still need to pay the bills, including paying employee wages, rent or mortgage, suppliers, taxes. And you’ll probably need to supply yourself some income, too.

Business interruption insurance can help keep your business afloat as well as pay for a temporary site, if the need arises

Unexpected events= Covered perils

  • Theft, fire, wind, falling objects or lightning
Employment Practices Liability Insurance (EPLI)

Protects the business against lawsuits brought on by employees for claims against their legal rights.

Covers

  • Claims made by employees alleging discrimination, wrongful termination, harassment, and other employment-related issues
Commercial Umbrella & Excess Liability

Adds additional coverages to all insurance lines covered, raises limits of protection.

  • Provides increased policy limits, above primary liability limits in the cause of large claims 
  • Can help protect you when the unforeseen results in a liability judgement against you 
  • Similar to having an additional insurance policy on top of your existing coverage
  • Excess liability covers if a claim exceeds your general liability coverage limits 
  • Umbrella is applied to multiple policies such as, general liability, commercial auto, hired and non-owned, and employers’ liability insurance (part of workers comp)
Occupational Accident

Alternative option if an employer chooses to opt out of Workers Comp. Provides financial protection in case of an injury incurred on the job.

Covers

  • Medical expenses
  • Lost wages
  • Coverage limits on the plan

Pros

  • Inexpensive
  • Control/limit the amount of coverage for employees
  • Can include coverage for survivors' benefits, temporary or permanent disability, or accidental death if chosen

Cons

  • Bears burden of proof in an injury lawsuit 
  • Employees can win judgements for pain/suffering and punitive damages.
  • If medical expenses exceed the limits, employer is responsible for the remaining costs
Commercial Auto / Business Auto

Auto Insurance that covers any business vehicles used for business purposes.

Covers

  • Bodily injury 
  • Uninsured motorist
  • Property damage 
  • Comprehensive physical damage
  • Medical payments
  • Collision coverage

Doesn't Cover

  • Intended or expected property damage or injuries
  • Racing
  • Mobile equipment operation
  • Injuries covered under workers compensation
  • Hired and non-owned vehicles: doesn’t cover employee-owned vehicles or borrowed vehicles unless it is added
Property and Equipment Insurance

Additional coverage for the special equipment in case of power surges, mechanical breakdowns, burned out motors, or if your employee accidentally does something that causes the equipment to fail.

Covers

  • Business equipment
  • Tenant improvements
  • Coverage in and away from the office
  • Accidental damage
  • Personal effects
  • Lost business income and extra expense
  • Electronic data
  • Interruption of computer operations
  • Valuable papers and records
  • Forgery or alteration
  • Accounts receivable
  • No deductions for depreciation
Inland Marine

Covers equipment that is transported from place of business to job site.

Scenarios

  • Tools being transported when going to repair another vehicle

Covers

  • Property in transit
  • Property in temporary care
  • Property stored at different locations
  • Property inside a commercial truck
  • Unique or high-value property
  • Movable property in a fixed location

Doesn't Cover

  • Vehicles
  • Items not listed on the policy
  • Exclusions
Garage Liability

More limited in scope and provides liability coverage for garage operations, as well as liability arising out of ownership, maintenance, and use of covered autos.

Includes hired/non-owned drivers and physical damage to client's vehicles

Provides extra liability insurance coverage that goes beyond regular limits

Covers:

  • Third-party injuries
  • Liability claims, such as discrimination
  • Employee dishonesty
  • Property damage caused by business-owned equipment
  • Products manufactured or sold by your business that result in damage to a customer’s vehicle
Cyber Liability

Protects against computer related crimes or losses. Includes targeted attacks (malware and phishing), misplaced laptop containing confidential material, and covers privacy, data, and network exposures.

Includes

  • Targeted Attacks (malware and phishing)
  • Misplaced laptop containing confidential material
  • Covers privacy, data, and network exposures

Scenarios

  • Phishing emails lead to ransomware
  • Media firm experiences breach of client information.

Covers

  • Breach costs
  • Cyber extortion
  • Cyber crime
  • Business interruption
  • Data recovery

Doesn't Cover

  • Criminal proceedings
  • Funds transfer
  • Infrastructure interruption
  • Intentional acts
  • Prior acts or knowledge
  • Subsidiary outside control of named insured
  • Business interruption from systems under the control of 3rd parties.
Building Coverage

Protects your property in the event of loss by covered peril. Insures items that are permanently attached to the building itself.

Scenarios

  • Fire, flood, earthquake, theft, vandalism, storm damage

Covers

  • Fixture inside the building: sinks, bathtubs, pipes, bathroom toilets
  • Garages, sheds, and outside fences

Doesn't Cover

  • Land, water, plants, roadways, crops, shrubs, money, accounts, instruments, or trees
  • Loss to plants, crops, trees, and shrubs
  • Loss due to wear and tear
  • Dishonest employees
Hired / Non-Owned Auto

Provides liability coverage for bodily injuries or property damage that you or your employees cause while driving for work. This protection applies to vehicles you “hire” (like a rental car) or vehicles your business doesn’t own (like employees’ personal vehicles).

Covers

  • Employee using their own vehicle to go to the bank, post-office, pick-up supplies, present a sale, etc. 
  • Renting a vehicle to move supplies, materials, or to go on a business trip
Worker's Compensation

Compensates employees who are hurt on the job. Pays medical/loss of income/death.

Scenarios

  • Injuries by overexertion, slips and falls, struck by an object, machinery accidents, falling, workplace violence

Covers

  • Medical expenses
  • Lost wages
  • Survivor benefits in the event of an employee's death
  • Employer liability

Doesn't Cover

  • Horseplay
  • Self-injury
  • Intoxication from drugs or alcohol
  • Voluntary participation in an off-duty recreational activity
  • Third party’s criminal act if directed against the employee for a personal reason unrelated to the work
Business Personal Property

Protects your investment of tangible items on your business property against fire, earthquakes, vandalism, theft, storms and accidents. Includes outdoor signage, fencing, furniture or inventory.

  • Covers: Office supplies, furniture, furnishings, computers, electronics, heavy equipment, machinery, and other movable items such as retail inventory
  • Doesn’t Cover: Intangible property like trademarks or patents your business owns
Sexual Abuse & Molestation Coverage

Protects your business against physical abuse, such as sexual or other bodily harm and non-physical abuse, such as verbal, emotional or mental abuse. Errors, omission or misconduct.

General Liability

Protects against legal/medical expenses incurred by a 3rd party due to negligence on business property.

  • Covers: bodily injury, medical expenses, damage to others property, electronic data liability, defense costs, actions of full-time & temporary staff, supplemental payments
  • Not Covered: property damage to your property, employee injuries, professional exposure (Malpractice & E&O)
Professional Liability