Obtaining the proper business insurance is a necessary and sometimes overwhelming task for many business owners. Understanding your insurance needs should be a joint discussion between you and your insurance professionals.
Every company is unique as to the hazards they face. We take the time to analyze your company’s risk exposures. We will help you understand how you can best protect your assets through on-site inspections and/or over the phone interviews. Regardless of size, businesses need to be comfortable that the insurance protection they have in place is appropriate at the time of an accident or catastrophic event.
We represent a variety of insurance carriers so that our licensed business insurance professionals can match your business with carrier(s) offering your desired coverages for the most competitive price.
This type of protection focuses on business liability exposures. Some of these exposures include: premise liability, products and completed operations, operations liability, personal and advertising injury liability. General Liability is the cornerstone from which a business builds its unique insurance program. And while protecting your business against the consequences of negligent acts that cause bodily injury and/or property damage, there are several other liability exposures faced that are not picked up in the standard general liability policy. Some of these specialized policies could include: Directors and Officers, Cyber, Errors and Omissions, Employment Practices…just to name a few.
Commercial Building and Personal Property
These coverages are designed to protect businesses’ against the risk of direct physical loss of real and personal property. The items included are buildings and structures used by the business in daily operations or held for rent, outdoor fixtures, machinery and equipment, and business personal property at the location.
Business Owners Policy (BOP)/Package Insurance
BOP and Commercial Package Insurance policies are simply the bundling of Business General Liability, Commercial Building and Personal Property. Businesses that qualify for these policies may recognize a cost savings due to the combination of the coverages into one policy. BOPs are generally designed for small to medium sized businesses and will typically include many value-added additional coverages. Commercial Package policies are more customizable and are intended for larger companies.
Your Heacock Business Insurance Advisor will also analyze your need for various other coverages such as Commercial Umbrella, Crime coverage and Equipment Floaters/Inland Marine.
Business Auto policies provide Bodily Injury and Property Damage liability protection for accidents caused by autos used in your business. You may have a fleet of vehicles traveling across the country. Or, you may own one auto in the business name. You may simply have employees or business owners running errands on behalf of your business in their own cars. We help cover your Business Auto Insurance exposures to protect your business (and sometimes personal) assets.