Business insurance
Whether you are buying a new or additional business insurance policy or renewing your current expiring business insurance policy, you must make many decisions. Following are some of the questions you should think about your specific business insurance need before choosing a specific coverage plan.
- How much business coverage you really need? Verify your business needs analysis
- Will your business insurance cover / protect short term insurance need or long term insurance need? Review advantages and disadvantages between Short term business insurance Vs Long Term business Insurance
- How much business insurance premium you can afford? Monthly or annually
- Is your lanlord or bank has spesific business insurance requirement?
- What guaranteed coverage, benefits and riders you should carry to protect your business?
You need to understand your coverage options when you buying or renewing your business policy or even at any time during your policy period. Think about following:
- How each option may effect your policy?
- What premium you will pay? and what your benefits would be in the event of loss?
- You can shop for business insurance at any time not just when think off or your policy is up for expiring. If you find a better policy, you can change business policy with certain terms. For replacement, it’s NOT appropriate on all situation and you should have to consider many points so need right knowledgeable license professional to understand.
- You can reevaluate your business insurance coverages and policy riders at any time, even if you are not near your policy expiring date. Re-evaluate at before expiring could save you lot more money.
Cost
of Work
Understand Commercial insurance Options
Commercial Property Insurance
This is the MOST important form of business insurance, if you own or rent a commerical property. It’s provides simple and affordable protection for a specified property against property damage. Protection is available in Commercial package policy or Business Owner Policy form.
General Liability Insurance
A Commercial General Liability (CGL) policy protects your business from financial loss when you will be liable for property damage or personal and advertising injury caused by your services, business operations or your employees. It covers non-professional negligent acts.
Workers’ Comp or Workmen Compention Protection
Workers’ compensation provides medical expenses, lost wages, and rehabilitation costs to employees who are injured or become ill “in the course and scope” of their job. It may also pays death benefits to families of employees who are killed on the job.
Liquor Liability
Liquor liability insurance helps protect businesses that sell, serve, or distribute alcohol. This type of business insurance can help cover claims of bodily injury or property damage that an intoxicated customer causes after a company served them alcohol. You can get this as a standalone policy or add it as an endorsement to general liability insurance coverage. Businesses that typically need liquor liability insurance coverage include Restaurants, Bars and taverns, Caterers, Breweries and wineries, Grocery stores, Liquor stores.
Equipment Breakdown Protection Insurance
Equipment breakdown coverage is an option insurance endorsement that protects your company’s computers, electrical systems, production machinery, and other equipment from sudden and accidental malfunctions. It’s designed to cover losses such as short circuits, loss of air pressure or vacuum, or power surges that commercial property insurance typically excludes.
Commercial Umbrella Insurance
Commercial umbrella insurance offers extra liability coverage for the most expensive lawsuits. For example, if a covered lawsuit maxes out your general liability insurance policy but you still owe money for damages, business umbrella coverage can provide additional funds to make up the difference.
Needs Analysis & Product
- Evaluate perfect needs of life insurance for you and your family
- Determine Life Insurance GAP with your current life insurance
- Shop around for the best policy for your unique circumstances
- Present & explain 3 best options and answer all your questions
Application & Underwriting
- Complete an on-line or paper application
- Process for your application with digital signature for underwriting
- Setup and follow-up your physical exam
- Follow-up with underwriters for best possible rates
Policy Review & Follow-up
- Assess and discuss policy with you and your family
- Collect necessary premium and deliver digital or physical policy
- Assist you to change any needs or beneficiary until the policy ends
- Periodic policy review to achieve your goal and required policy
Find a local insurance agent
- 1-4 Family Dwellings Commercial
- Adult Day Care
- Alarm Installers
- Amusement Rides
- Apartments
- Appliance Manufacturers
- Auto Parts Manufacturers
- Bar and Taverns
- Barber and Beauty Shops – including Franchised
- Bed & Breakfast
- Boat or Ship Building
- Bookstore/Video Store
- Building Demolition
- Car Washes
- Catering
- Child Care Facilities
- Churches – including Pastoral Professional
- Clothing Manufacturing
- Clubs – Civic, Service or Social
- Commercial Property Owners
- Community Associations
- Condominium and Homeowners’ Association
- Consignment Shops
- Convenience Stores
- Corporate Directors & Officers
- Counseling Centers
- Day Care Centers
- Demolition Contractors
- Drug Distribution and Manufacturing
- Employment Practices
- Flea Markets
- Gas Station
- General Contractors
- Grocery Store
- Halfway Houses – including Professional
- Home Health Care
- Hunting Clubs
- Imported Products
- Insurance Agents Errors & Omissions
- Laundromats
- Lessor’s Risk
- Liquor Liability
- Liquor Store
- Machine Shops
- Machinery-Equipment Mfg: Installation, Service & Repair
- Manufacturers
- Martial Arts Studios
- Medical, Dental, Hospital or Surgical Supplies Mfg
- Medical Offices
- Mercantile Classes
- Metal Erection
- Mobile Home Parks
- Motels/Hotels
- Non-Profit Directors & Officers
- Non Emergency Medical Vehicles
- Offices
- Outfitters & Guides
- Pawn Shops
- Plastic or Rubber Goods Manufacturers
- Pool Halls
- Property Managers
- Public Officials
- Real Estate Agents Errors & Omissions
- Real Estate Office Package
- Recruiters Package
- Refuse, Garbage Collection
- Rental Dwelling Program
- Restaurants/Delis
- Retail Shops
- Security and Patrol Agents
- Shopping Centers
- Special Events
- Specified Errors & Omissions
- Specified Professions Package
- Sporting Goods or Athletic Equipment Manufacturing
- Swim & Racquet Clubs
- Tanning Salons
- Technology Errors & Omissions
- Toys or Games Manufacturers
- Trailer Manufacturers
- Truckers
- Warehouses
- Welders
- Welding or Cutting Operations
Call expert
(732) 820-0047
Write email
in*****@Ne*************.com
Visit office
8 Quakerbridge Plaza Suite H, Hamilton, NJ 08619
