Insurance for Small to Medium Businesses
Basic Coverage
- Property – our policies provide financial protection after your covered buildings and business personal property suffer direct physical loss or damage
- Liability – our policies provide you coverage for damages legally owed to others for bodily injury, property damage, personal injury or advertising injury resulting from your business operations
Coverages Included
- Tenants Liability – provides coverage which pays for property damage loss, up to policy limits, for which you are legally liable to premises rented to you
- Business Income – provides coverage for loss of earnings and/or extra expense you sustain for up to 12 months from an event covered by your policy
- Employer’s Contingent Liability (not available in all states) – automatically extends workers’ compensation coverage for employers by responding to claims which are not covered under the schedule of workers’ compensation benefits
- Minicomputer Coverage – provides $5,000 coverage for your hardware, software and extra expense incurred due to direct physical loss of computer equipment caused by or resulting from a covered cause of loss. Additional coverage can be purchased
- Sewer or Drain Backup – provides $5,000 coverage for damage caused by water that backs up from a sewer, drain or sump. Additional coverage can be purchased
- Money and Securities – provides coverage from theft, disappearance, or destruction of money and securities at your covered premises, at a bank, or while in transit. Coverage is automatically doubled for special holidays
- Accounts Receivable – provides $25,000 coverage for amounts due from your customers that you are unable to collect because of loss or damage to your records of accounts receivable caused by or resulting from a covered cause of loss. Additional coverage can be purchased
- Employee Dishonesty – provides $15,000 coverage for loss of your business personal property and money and securities caused by dishonest acts committed by your employees. Additional coverage can be purchased
- Valuable Paper and Records – provides $25,000 coverage for loss or damage to your documents, manuscripts and records caused by or resulting from a covered cause of loss. Additional coverage can be purchased
- Forgery or Alteration – provides $5,000 coverage for losses involving forgery or alteration of checks, drafts, and other covered instruments. Additional coverage can be purchased
- Outdoor Sign – provides $7,500 for losses or damage to your outdoor sign caused by or resulting from a covered cause of loss. Additional coverage can be purchased
Optional Coverages
- Non-Owned and Hired Auto Coverage – provides coverage for exposures due to non-owned, borrowed, hired or leased autos when no other commercial auto policy exists
- Employee Benefit Liability – provides coverage for financial losses relating to private employee benefit programs due to administrators’ errors and omissions
- Utility Services Coverage – provides coverage for loss of or damage to covered property caused by direct physical loss or damage to off-premises utility services caused by or resulting from a covered cause of loss
- Garagekeepers Insurance – provides coverage for damage to customer’s auto or customer’s auto equipment when left in the care, custody and control of the insured caused by or resulting from a covered cause of loss
