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 Business Services

 The success of a business, whether it's a tiny enterprise run out of a basement or a large corporation, is largely dependent on hard work and ingenuity. However, no matter how industrious you are, one disaster can wipe out all your profits and even destroy your business. The key to making sure that all the effort and money you have invested in a business doesn't disappear when a disaster strikes is to protect it with the appropriate insurance.


SMALL BUSINESS OWNERS' GUIDE TO INSURANCE                               (click to read more)

Welcome to the Insuring Your Business: Small Business Owner's Guide to Insurance. There are over seven million small businesses in the U.S., ranging from construction firms to grocery stores to home-based businesses. All have one thing in common: Without the right insurance coverage, each could be wiped out by a disaster or a lawsuit. In addition, almost all businesses are accountable for the safety of their workers and bear responsibility for injuries suffered on the job. This resource was designed to help you decide what kinds of insurance you need for your particular business. The navigation on the left shows general topics covered here. Click on one of the links below that best describes your business to find information about the specific coverages you should consider. 
  
 

  Business Insurance 

Commercial insurance is designed to help protect many of the risks your business can face.                               (click to read more)
 

Can your Agent answer these questions, or will they even consider your need for any of these coverage's?

v  Can I insure the life of a key employee?

v  Do I need professional liability insurance?

v  What does kidnap and ransom insurance cover?

v  Do I need a Bond?

v  What is a Buy-Sell agreement?

v  What is employment practices liability insurance (EPLI)?

v  Do I need a commercial auto insurance policy?

v  What about Executive Bonus Plans?

v  What does a businessowners policy cover?

v  How can I insure my home-based business?

v  Do I need business interruption?

v  Are there any disasters my property insurance won't cover?

v  How can I disaster-proof my business?

v  Do I need Life and Disability Insurance?

v  How do I find the right agent?

 Surety Bond

A contract guaranteeing the performance of a specific obligation. Simply put, it is a three-party agreement under which one party, the surety company, answers to a second party, the owner, creditor or “obligee,” for a third party’s debts, default or nonperformance. Contractors are often required to purchase surety bonds if they are working on public projects. The surety company becomes responsible for carrying out the work or paying for the loss up to the bond “penalty” if the contractor fails to perform....more

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WHAT INSURANCE SHOULD MY BUSINESS HAVE?
 
Most businesses need to purchase at least the following five types of insurance:

 

 

Business TypeHealthPropertyLiabilityVehicleWorkers Compensation
Artisan Contractors

 YES

YES 

 YES

 YES

 YES

Business Offices

 YES 

YES 

 YES 

 YES 

 YES 

Construction 

 YES

YES 

 YES

 YES

 YES

E-Commerce 

 YES

YES

 YES

 YES

 YES

Farm or Ranch

 YES

YES 

 YES

 YES

 YES

Food Service Business 

 YES

YES

 YES

 YES

 YES

Home-Based Businesses 

 YES

YES 

 YES

 YES

 YES

Lodging Business 

 YES

YES

 YES

 YES

 YES

Manufacturers 

 YES

YES 

 YES

 YES

 YES

Nonprofit Organizations  

 YES

YES 

 YES

 YES

 YES

Professional Practices 

 YES

YES 

 YES

 YES

 YES

Real Estate and Rental Properties 

 YES

YES 

 YES

 YES

 YES

Retail Stores 

 YES

YES 

 YES

 YES

 YES

Service Businesses

 YES

YES 

 YES

 YES

 YES