Business insurance is as vital as good cash flow. Without either, an established business or a new venture would have difficulty building relationships with clients or planning projects because of uncertainty and possible associated risks.
Business or commercial insurance covers: business liability, business property including contents, equipment, stock, betterments and improvements, and buildings which can all be insured against a broad range of losses.
Plus there are specialized products:
Cyber Risk Liability — exposures associated with unauthorized use of computer files (hackers).
Directors and Officers Liability — reimbursement for losses associated with defense costs.
Errors and Omissions Liability — covers unintentional mistakes which cause financial harm.
Business Income Protection — allows a company to operate after a loss, while the operations are being restored.
Additional Expenses — covers temporary expenses that may be required after a loss (rental of equipment/short-term lease of alternate space etc.)
Earthquake, Flood and Sewer backup — are all important additional coverages for any business.
Residential Course of Construction — protects from losses and damage to structures and materials occurring during new construction and renovationsm.
We strongly advise that every business takes on ongoing inventory of all assets. Compile an ongoing spreadsheet and photographs of each and every item.
*By providing us with the above information, we will be able to ensure that we have the correct application prior to contacting you with a comprehensive quote.
This information is for reference only and is not intended to be a complete list of exposures or recommended coverages.