Retail Business Insurance
Retail businesses are usually required by the landlord if they are a tenant or by a bank if they have a lien on the real or personal property of the business to get business insurance. Besides that it’s important to insure your business for acts of god or to cover third party accidents that can put you in a lawsuit such as slip and falls.
General Liability consists of coverages which protect an insured against third party claims for property damages or bodily injury.
Insurance Coverage Options:
Per Project Aggregate (new limits per project)
Blanket Additional Insured
Blanket Waiver of Subrogation
Broad Definitions of who is Insured
Broad Definition of Territory
Workers Compensation covers injuries to your Employees while in the course of Employment. Most states require workers comp.
Coverage Options:
Multi-State coverage
Meets all state guidelines
Hazardous industries coverage available
Blanket Waiver of Subrogation
Pay as you go solutions available
Commercial Auto Liability and physical damage protects your vehicles from physical damage and protects you from claims from third parties caused by bodily injury or property damage.
Coverage Options:
Blanket Additional Insured
Named Coverage for Owners of Company
Broad Coverage Territory
Hired/Non-Owned Automobile
Auto Pollution Available for Chemical Applicators
Automatic coverage for Large Fleets (no reporting required)
Commercial Umbrella/Excess Liability is a coverage that extends the limits of your underlying covered policies like General Liability, Workers Compensation, and Commercial Automobile to a higher limit than is available with the underlying policy limits.
Coverage Options:
High Limits Available (min $1,000,000 up to $100,000,000)
Following Form or Full Umbrella based on risk and size
Blanket Additional Insured
Property Insurance
Additional Available Coverage:
Crime including employee dishonesty
Equipment Breakdown
Health & Benefits
Flood