For a business many different types of insurance exist, including property insurance, liability, commercial auto, workers compensation, group health, life, disability income, "key person" insurance and others.

Below are some of the more common types of coverage available however this is not a complete list and  we recommend you contact us to thoroughly review the needs of your business.

Property Insurance - covers the building(s) and contents of the business. Outdoor signs, crime coverage, property of others, glass coverage, etc., can be covered as well, depending on the needs of your business.

Liability Coverage - covers what you could be obligated to pay due to bodily injury or property damage to others. If you do not own your building, your landlord may need to be added as an additional insured on the policy in order to protect them. Liability covers the premises and operations of the insured, as well as products and completed operations.

Business Auto - is similar to a personal auto policy but is intended for vehicles owned by a business or used in the course of business. The Business Auto Policy can cover a single vehicle or hundreds of vehicles on a single policy.

Workers Compensation - protects your employees if they suffer job-related injuries. The policy pays the medical bills for the employee who is injured on the job. If there is time off from work due to that injury, the insurance pays a work loss benefit to the injured worker.

Key Person - protects the business against the loss of a key individual. If you are operating with a business loan, your banker may require key person insurance (life or disability insurance) as a way for the bank to get its money back if you are incapacitated in some way. Sole proprietors generally don't carry key person insurance; however, a partnership may have key person insurance.

Another scenario in which you might want key person insurance is if you employ one sales person who generates 80 percent of all your revenues. If that person is incapacitated, it may take you two or three months to replace them. Key person insurance would cover the difference in the revenue you produce until the person can return to the job or is replaced.

Remember, every business is unique and we recommend you contact us to thoroughly review your business insurance needs.