Commercial Auto As a business owner, you need the same types of insurance coverage for the car you use in your business as you do for a car used for personal travel -- liability, collision and comprehensive, medical payments (known as personal injury protection) and coverage for uninsured motorists. In fact, many business people use the same vehicle for both business and pleasure. If the vehicle is owned by the business, make sure the name of the business appears on the policy as the "principal insured" rather than your name. This will avoid possible confusion in the event that you need to file a claim or a claim is filed against you.
Whether you need to buy a business auto insurance policy will depend on the kind of driving you do. A good review of your business auto exposures is the best way to determine the need for a commercial auto policy.
General Liability and Commercial Property Unfortunately for every business owner, the chances of getting sued have dramatically increased in the last decade. General Liability insurance can prevent a legal suit from turning into a financial disaster by providing financial protection in case your business is ever sued or held legally responsible for some injury or damage.
General Liability pays losses arising from real or alleged bodily injury, property damage, or personal injury on your business premises or arising from your operations. The Hartford's liability programs extend far beyond the provisions of typical policies, with broadened coverage and increased limits in over 30 areas.
Package your business property and general liability coverage for a preferred pricing. Let us match your business with the company that provides the best for your business. Coverage available under the property section is fire, wind & hail, theft, malicious mischief, loss of earnings or loss of use, equipment breakdown, and extra expense. Let us design your business policy to fit your business. Equipment Floater This is coverage for your equipment use off premises and transported to different job sights use by your employees. Coverage for the expensive equipment use in your business. Workers Compensation Workers compensation laws were created to ensure that employees who are injured on the job are provided with fixed monetary payments. This eliminates the need for litigation and creates an easier process for the employee. It also helps control the financial risks for employers since many states limit the amount an injured employee can recover from an employer.
Worker’s Compensation protects employers from lawsuits resulting from workplace accidents and to provide medical care and compensation for lost income to employees hurt in workplace accidents, in almost every state, businesses are required to buy workers compensation insurance. Workers compensation insurance covers workers injured on the job, whether they're hurt on the workplace premises or elsewhere, or in auto accidents while on business. It also covers work-related illnesses.
Workers compensation provides payments to injured workers, without regard to who was at fault in the accident, for time lost from work and for medical and rehabilitation services. It also provides death benefits to surviving spouses and dependents.
Bonds Commercial bonds public and private performance and license and permit bonds.
Group Health Insurance As a benefit enticement most employers offer their employees group health insurance. This product will include major medical health and employee life coverage Groups can be as small as two and up to the hundreds. The quoting in some cases takes longer because of the different plans the different companies offer. All companies offer the standard PPO, HMO and Health Saving Account and will allow your employees to pick the plan they want. The employer must pay at least one half the premium of the employee and the employee will pay for his half and the full premium for his family.