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Employers have a legal responsibility to
their employees to make the workplace safe. However, accidents happen even
when every reasonable safety measure has been taken.
To protect 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 rehabilitiation services. It also provides death benefits to surviving
spouses and dependents |
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Any enterprise can be sued. People may claim that your
business caused them harm as the result of, for example, a defective
product, an error in a service or disregard for another person’s property.
Or someone may allege that you created a hazardous environment. Your
liability insurance pays damages for which you are found liable, up to the
policy limits, as well as attorneys' fees and other legal defense expenses.
It also pays the medical bills of any people injured by your business. Whether your business is large or small, we have the
products to meet your needs. Every business and industry is unique and we
will identify the ways to properly insure your business
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Your company's commercial/business auto are part of your business's
assets, make sure you protect them 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.
If you are a business owner and your business owns, leases or operates a
vehicle, do not risk it!
When you are insuring your vehicles it is important to ensure that all
vehicles are listed and all drivers are disclosed. How you use your vehicles
is just as important to determine what coverages are applicable. You also
want to pay close attention to your liability coverages and to the different
deductible options.Depending on the nature of your business different
coverages are applicable
Make sure you have enought coverage, in the case of the unexpected event
, you and your business are protected.
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Commercial building insurance is important to have,
regardless of the coverage you choose. Make sure the insurance policy and
the coverage you choose suits your needs. keep your building, property and
employees covered
Two of the most popular types of commercial building
insurance are called "named-peril" and "all-risk" policies. A named-peril
policy covers property in the event of any specific hazards specifically
mentioned in the contract. For instance, a named-peril policy might mention
fire and explosions, while excluding floods.
The protection provided by the building insurance
coverage will depend on a number of factors. The physical location of the
property will be a major factor in what types of protection are included in
the policy
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