Business Insurance And Group Benefits
When disaster strikes, having the right business insurance makes all the difference in the world. In fact, it can easily be the difference between whether your business weathers the storm or closes permanently.
Fraser Brothers is here to help you make the right choices for your commercial insurance so that you’re never left making that painful decision. These are a few of the insurance products we offer that can help you make it through your disaster when it comes calling.
Often included in a standard Business Owner’s Policy (BOP), general liability insurance provides basic coverage when someone sues your business for damages. It covers court costs as well as judgments made against your business up to the policy limit.
Another type of coverage that’s usually included in a BOP, this pays for damage to your business property by covered events such as wind, hail, fire, theft, vandalism, etc. Property insurance generally also covers the contents inside your equipment including equipment, inventory, and equipment. It may also include coverage for your outdoor signage and landscaping.
Business Income Insurance
When disaster does strike your business and you’re forced to close your doors for a while in order to make repairs, business income insurance protects your income so that you can continue to pay suppliers, rent, employees, and more. This coverage is sometimes referred to as business interruption insurance or business income coverage.
This type of insurance protects your business and employees if they are injured, killed, or become sick as a result of their activities on the job. It provides for their medical care, treatment, and rehabilitation, and provides income for them while they are unable to work as a result of their injuries.
Commercial auto insurance provides protection for business vehicles and the precious cargo they carry (employees, prototypes, inventory, items belonging to other businesses, and computers and equipment). It also helps to insulate your business from liability claims made against you in the event that a business vehicle was at fault in the accident.
Certain industries and professions need the additional coverage professional liability insurance provides. This insurance protection covers mistakes made that could result in legal action against you or your business. Most professionals in service-oriented businesses should take advantage of the peace of mind professional liability coverage offers. Another name for this vital coverage is errors and omission (E&O) coverage.
Construction related businesses that have expensive equipment that is often required in order to do business. The types of equipment that require equipment floater coverage varies a great deal from business to business and includes scheduled equipment, unscheduled equipment, equipment rentals, and more. This type of coverage is available for contractors who deal with:
- Air Conditioning
- Concrete Construction
- Metal Working
- Heavy Stone Work
- Door and Window Installation
Policies will not cover damage to equipment that could have easily been prevented or is the result of improperly using the equipment.
Why is Fraser Brothers the Right Choice for Your Business Coverage?
You’ve invested a lot in your business at this point. Let us sweat the details to create comprehensive business insurance coverage that meets all your needs so that you can get back to business as quickly as possible in the aftermath of a disaster.
We have more than 100 years serving the commercial insurance needs of Central New Jersey businesses and are here to serve your needs today. Fraser Brothers is a trusted name in the insurance business known for ethical service when writing policies as well as when the time comes to file your claim.
Request your free commercial insurance rate quote and to learn just how affordable the right business insurance coverage for your needs can be.