Business insurance is a type of insurance that provides coverage for businesses against financial losses due to unexpected events such as property damage and liability claims.
Business Owners Policy
A BOP is a comprehensive package and is the most requested by business owners. This policy combines property, business income, and liability insurance into just one policy.
Property Coverage
Property coverage provides coverage for your building and its contents and provides loss of income if you’re forced to close your business temporarily due to a covered loss. This policy provides coverage for damage or loss of property due to events such as fire, theft, or natural disasters. It covers the cost of repairing or replacing damaged property. You can also obtain coverage to insure your property in transit and also cover someone else’s property while it is on your premises.
Safeguard your business with the expertise of The Jerry Reid Agency. Reach out to us for a consultation and let our professionals customize a comprehensive business insurance plan to protect your assets.
Business Liability Coverage
Business liability can provide coverage for lawsuits by people who may be injured on your premises or at your job site. Medical coverage is included, and can pay medical bills up to the policy limit for visitors injured on your property, even if you aren’t sued or found to be negligent. This policy can provide coverage for third-party claims of bodily injury, property damage, and advertising injury. It can also cover legal fees and settlements in case of a lawsuit.
Commercial Automobile Coverage
Commercial auto policies can cover many types of vehicles as well as protecting you from liability when using your own vehicle for business. Non-owned, borrowed, or hired vehicles coverage is also available.
Inland Marine Coverage
Inland Marine policies cover a business’s property while in transport. Inland marine covers material, products, or equipment that are transported and/or are essential in transportation or communication.
Commercial Umbrella
A commercial umbrella extends your liability limits for businesses that require larger amounts of liability protection.