Business Insurance

umbrellas420x315The staff of Associated Insurors works with businesses all over the Southeast to protect their operations. From small, one-person operations to larger multi-state corporations. Make Associated Insurors your Trusted Choice for all of your insurance needs.

7 Types of Insurance a Business Owner Must Consider

Properly insuring a business today is much different that it was only a few years back. With today’s technology the definition of property and its value has completely changed. Add to that the risk involved with employment, cyber liability, customer privacy, product liability, equipment values, safe driving, drug free work place etc., business is just much more complicated these days. As a Trusted Choice Independent Insurance Agency, Associated Insurors has the flexibility to work with various carriers to supply the insurance needs you may have. Now more than ever options are so very important.  The folks as Associated Insurors stand ready to help you live a safer more secure life.

1.  General Liability Insurance :  Whether your business is located in your home, an office, Warehouse, Shop, or Retail setting General Liability is key to protecting your business. The policy provides for a defense and any damages should you or your employees or products or services cause or are accused of causing Bodily Injury or Property Damage to someone else. read more

2.  Property Insurance:  Do you own your building, or personal property (contents)? Perhaps its equipment, office furniture, machinery, tools, supplies or inventory to be sold. If so a property policy is something you should consider. Property insurance will protect property you own should damage to that property occur as a result of many different perils such as fire, lightning, vandalism, theft, smoke damage. One thing that many business owner sometimes neglect is protection for the loss of earnings they may sustain in the event of a property claim. This can be insured as well. read more

3. Business-owners Package Policy (BOPP):  This is a policy that protects a business for many c overages, all in one policy including General Liability, Property, Business Interruption just to mention a few.  Because the coverage is packaged together very often the cost of the policy is much less than you would pay should you purchase the protection separately. Often the protection for this cost much less.

4.  Commercial Auto Insurance:  Commercial Auto Insurance, or Business Auto Insurance as some refer to it is extremely important if you use vehicles with your business. It might be that you use cars, trucks, SUV’s or vans in the day to day operations. Sometimes your employees may use there personal vehicles in the operations of your business, this can be protected as well. read more

5.  Workers’ Compensation:  While Workers’ Compensation laws are different from state to state, the primary reason for their existence is the same. By design this insurance provides a limited amount of wage replacement as well as medical benefits to those who may become injured as a result of on the job injuries, or illness’. Most states require employers to insure for Workers’ Compensation if they reach certain thresholds. It is extremely important that as a business owner you know what these guidelines are because the penalties for non-compliance of these guidelines can become quite costly. read more

6.  Professional Liability Insurance:  Sometimes referred to as Errors and Omissions Insurance, this protection provides a defense in the event you improperly render professional services or advice. General Liability Insurance specifically excludes this type of protection so it is extremely important as a business owner that you understand the difference between the two coverages. Business’ that typically needs this type of protection are Accountants, Insurance Agencies, Real Estate Agents, Attorneys, Dentist and Physicians. read more

7.  Data Breach Insurance:  More and more today business’ store sensitive information about their customers or clients. This information is often stored on their computers, or networks, or perhaps even on good old fashion paper. Business owners are responsible for taking precautions to protect this information. If somehow this information is somehow mishandled electronically or the paper is not properly disposed of the business could be held liable for damages that might result.