Whether you’re the owner of a small business or involved in risk management for a national organization, the right Property and Casualty coverage can have a huge impact on protecting your business against unforeseen events. P&C Insurance exists to safeguard the buildings, vehicles, and people that make up your business structure, but P&C coverage can be as varied as the types of businesses out there.
Once a year, we like to remind our current and prospective clients to work with their insurance broker to review the specifics of their P&C coverage. Property liability and bodily injury in the workplace can deal a devastating financial blow to a business of any size. Staying on top of the unique components that make up your coverage will not only provide peace-of-mind for you and your employees, but also mitigate chances of reputational damage or other catastrophic setbacks to your business goals caused by injury, mishap, property damage, or negligence.
For smaller businesses, a Business Owner’s Policy (BOP) combines property coverage and general liability insurance into one blanket policy. BOPs have limited eligibility requirements based on number of employees, amount of revenue, low risk industry status, and smaller office/workspace.
For larger commercial enterprises, a Commercial Package offers property and general liability insurance along with broader coverage options and higher policy limits. Commercial Packages can provide comprehensive coverage for businesses with more complex structures, a larger workforce, or larger business premises..
Additional protections can be added to fit to business needs around:
- Commercial Auto
- Marine Use
- Freight Shipping
- Umbrella Coverage
- Workers Compensation
- Customized Requirements
Regardless of your business size and structure, having a well-constructed P&C insurance policy is necessary to meet your unique needs and keep your business running smoothly. Contact us to review your existing policies and ensure that you are covered where you need to be, and are not spending money on elements where you don’t.
We look forward to hearing from you and tailoring your coverage to ensure proper risk management at the most competitive price.