Here are some products you should think about as you customize your business insurance policy:
General Liability Insurance
Required in most states. Also known as Commercial General Liability, or CGL, this is one of the most common insurance choices for businesses big and small alike. This coverage protects your company if a customer or an employee files a claim or a lawsuit against you. Learn more about General Liability insurance.
Commercial Auto Insurance
Do you use a vehicle while conducting business? Did you know that you may not be covered if you have a personal auto insurance policy rather than a commercial auto policy? Unfortunately, many people find out too late that they have the wrong policy. In addition to your vehicles, we can insure trailers that you use for your business. Learn more about Commercial Auto insurance.
Commercial Property Insurance
Commercial Property insurance generally covers stolen, damaged, or destroyed goods. Such situations include theft, wind damage, fire, and lightning. Flood coverage resulting from a storm typically is not included, but can be added to your business coverage.
Business Owner’s Policy
General Liability insurance protects your business against claims of bodily injury or property destruction suffered by others, while Commercial Property insurance covers your own losses. Also known as a Business Owner's Policy (BOP), this enhanced coverage joins these two solutions into one affordable policy.
Professional Liability (Errors and Omissions)
Most companies that provide professional services or advice for customers will need Professional Liability insurance protection in case a customer is harmed by or dissatisfied with a service that you performed. Whether you made a mistake or not, you need Professional Liability insurance to be sure you’re covered.
Worker’s Compensation Insurance
If an employee is injured, you might be liable for court fees, medical bills, and lost wages. Whether you are required by law to carry Workers Compensation insurance or you simply want to protect your business, this coverage is a smart choice.
Inland Marine Insurance
Covers movable and specialized property as well as property that your business is caring for temporarily. If you have equipment or goods that regularly move from site to site, Inland Marine insurance will protect your property.
Key Person Life Insurance
Key Person life insurance is essentially life insurance purchased by a company for a key person of that company. The business pays the premium and is the beneficiary of the policy.
Home-Based Business Insurance
Many operate under the false assumption that their homeowner’s policy will cover their home-based business. But estimates show that the majority of home-based business owners are under insured. Home-based Business insurance will provide property and liability coverage for your business files, equipment, and practices. It's also important to remember that conducting certain activities, like running a business out of your home, can sometimes void your homeowners policy.
Business Interruption Insurance
Business Interruption coverage is an added provision to your Commercial Property insurance policy that allows your business to bounce back and begin serving your customers as soon as possible following a major event. This provision covers your business in case you have to shut down for an extended period of time.
Thought Infinity only offered auto insurance? We were just getting started! Infinity Insurance Agency, Inc. provides business insurance coverage through affiliated and non-affiliated insurance companies. Clicking on “begin your free online business insurance quote” will take you to these companies. We've searched for great providers with some of the best rates around, so you don't have to.
To learn more about insuring your business or to begin a free online quote or call 1-800-INFINITY today!
This material is for general informational purposes only. All statements are subject to the terms, exclusions and conditions of the applicable policy. In all instances, the current policy contract language prevails. Products, services and discounts referenced herein are not available in all states or in all underwriting companies. Coverage is subject to individual policyholders meeting our underwriting qualifications, and state availability.