Business Insurance

As a business owner, you have enough on your mind without having to worry about your insurance needs. You want to have the confidence that the business you’ve built is covered by a company that understands your business insurance exposures.

Commercial business insurance provides wide-ranging protection for businesses and their subsidiaries under a single policy. There are various types of commercial business insurance that takes care of property, liability and workers’ compensation, to name a few. While property insurance covers damages to business property and products stored within the premises; liability insurance provides coverage for damages to third parties; and workers’ compensation insurance covers injuries to employees.

Commercial business insurance is an important aspect of any business that cannot be ignored of the premises being leased or rented. Whatever your commercial insurance needs, we can design a protection program that’s right for you.

INSURANCE QUOTES

Learn More About Our Insurance

Business Interruption Insurance

business-interruption-200x300Business interruption insurance is critical if your business suffers a property loss that could cause the business to slow or close down while repairs are made. This may mean a complete or partial revenue loss depending on the time frame and the damage.

From the time the loss occurs until your business is running again, insurance can replace your lost profits, and provide a source of money to pay your necessary continuing expenses, like rent, payroll, taxes, etc.

 

 

Business Owners Package Insurance

business-200x300Business Owners Package policy, commonly called a “BOP” contains many of the insurance coverages needed by most small businesses. While these policies are not standard, there is great variation from insurance company to insurance company; there are certain common elements. The basic BOP offers business property for both building and contents, and liability insurance protection for the operation of your business. This liability protection will generally include both the operation of your business, at its established location, and the liability from your products or completed operations.

Some, but not all of the policies, will also offer business income and extra expense protection after an insured loss. BOP policies do not contain all of the coverages needed by a small business. Notably they do not cover any workers’ compensation, professional liability, or business vehicle coverage.

 

Commercial Auto Insurance

business-auto-200x300North Atlanta Insurance, LLC has the ability to insure all type of commercial vehicles . From contractor service vehicles and dump trucks to courier vehicles and 18 wheelers, we can do it all. 

A commercial auto insurance policy is required under most circumstances when the vehicle is used for business purposes and meets certain other requirements. It is not just the registration that determines the requirement for a business automobile insurance policy. Other requirements are ownership by a corporation, use in hauling goods for hire and gross vehicle weight of the vehicle. Some small trucks can be owned and insured under a personal automobile insurance policy under specific circumstances.

 

Commercial Property Insurance

commercial-buildingsNorth Atlanta Insurance, LLC can protect your business from a variety of situations, from minor hiccups to a major financial loss. Whether you own your building, lease your workspace or work at home, business property insurance protects your business’ physical assets.

Commercial property insurance plans vary from policy to policy, but are generally categorized by the type of event leading to a loss, and by what specifically is insured.

For example:

  • A fire could destroy your building and the contents inside
  • A burst water pipe could damage your documents, drawings or other valuable papers
  • A storm could damage your outdoor sign

Under the liability policy coverage, the building should be protected from damaging events such as fire, burglary and vandalism. It may not be enough to cover just the building; the aftermath of such damage should be covered as well.

 

Commercial Umbrella Insurance

group-benefits-long-term-care-200x300

Standard commercial insurance liability limits should be enough to protect your business from most situations where your business is charged with legal liability for injury or property damage. But it won’t cover those catastrophic lawsuits and judgments that are increasing in frequency. Commercial umbrella insurance provides an affordable layer of excess liability insurance for your business above the limits provided by standard business liability policies and could mean the difference between staying in business or becoming a lawsuit casualty.

 

 

 

 

General Liability Insurance

business-general-liability-200x300

Liability insurance can help cover medical expenses, attorney fees and damages you are legally responsible for. It can also offer protection against situations that may not have even crossed your mind. For example, any individual or business providing an opinion, making recommendations, designing products/solutions or offering a service is at risk for a professional liability lawsuit. Nationwide can help with defense costs, regardless of fault, as well as protection for judgments, court costs and more.

The liability you select, whether it is one, two, or three million dollars, determines the cost of general liability insurance. Also factored into the rates are the kind of work undertaken, gross receipts and total payroll expenses. Similar to auto insurance, when it comes to general liability insurance, you will first have to make a down payment and then follow it up with installments. Before buying general liability insurance, it is best to compare the quotes available in the market.

 

Hotel Hospitality Insurance

business-hotel-200x300Running a hotel or motel in today’s competitive environment is a big challenge. Getting the proper hotel / motel insurance at a reasonable price can be frustrating and time consuming.

Covers your described building, outdoor fixtures (e.g., light poles and flag poles), building glass, permanently installed equipment and machinery, and personal property you own and use for maintenance or service of the building. Choose either Replacement Cost or Actual Cash Value coverage for your building, auxiliary buildings and structures.

Hotel insurance includes a multitude of coverages specific to the needs of a hotel manager or owner.

 

Manufacturers Insurance

business-manufacturers-200x300Protecting Your Manufacturing Business

No matter what line of manufacturing you’re in, from food and beverages to metals and plastics, we will help guard your business. Our broad range of coverages protects you from claims due to service interruption, product recalls, and more. Having worked with local manufacturers, multinational corporations,and everything in between for more than a century, we have the experience and expertise to keep your business, your employees, and your customers sage. 

Our protection covers an array of manufacturing businesses, including:

  • Food and beverage manufacturing
  • Metal manufacturing
  • Plastic manufacturing
  • Printing and publishing

Coverage Options:

  • Auto Insurance
  • Business owner’s policy (BOP) and packages
  • Employee benefits
  • Equipment breakdown insurance
  • General liability insurance
  • Inland marine insurance
  • Manufacturing errors and omissions
  • Manufacturing selling price insurance
  • Product recall insurance
  • Property insurance
  • Umbrella insurance
  • Workers compensation insurance
Professional Liability (Errors & Omissions) Insurance

business-professional-liability-eo-200x300Professional liability insurance, also sometimes referred to as Errors and Omissions insurance or E&O, protects businesses or individuals in the event that a customer holds your company or business owner responsible for a service that was provided, or failed to be provided, and did not have the expected or intended results.

Professional liability insurance is separate from a General Liability (GL) insurance policy which would cover you mainly for bodily injury or property damage liability.

 

Surety Bonds

A Surety Bond is a three-party agreement whereby the surety guarantees to the obligee (the project owner) that the principal (the contractor) is capable of performing the contract in accordance with the contract documents. Performance of the contract, which is the subject of the bond, determines the rights and obligations of the surety and the obligee.

business-surety-bonds.jpg-200x300Here are the eight different families of surety bonds:

  1. Fidelity Bonds
  2. Public Official Bonds
  3. Judicial Bonds
  4. Fiduciary Bonds
  5. License and Permit Bonds
  6. Contract Bonds (Bid and Performance Bonds)
  7. Miscellaneous and Federal Bonds
  8. Notary Bonds

 

Worker's Compensation Insurance

business-workers-compensation-200x300Workers’ compensation insurance protects employers from claims resulting from injuries to employees. It protects your business from lawsuits and provides employees with compensation for on-the-job injuries.

By law, most employers are required to provide coverage for lost wages and medical bills incurred as a result of on-the-job accidents or illnesses. For many businesses, workers comp coverage is the largest part of its insurance expense.

 

 

Builder's Risk

Builders Risk Insurance is a policy is designed to provide coverage for buildings while under construction.  It covers the contractor’s interest in materials at the job site before they are installed, materials in transit intended for the job, and the value of the property being constructed until it is completed and accepted by the owner.  The policy may be written to cover the whole structure for new construction or the cost of remodeling  and renovation projects.  It can also be used to cover specific projects, such as a new room addition, a deck, or a remodeled bathroom.

Builders risk insurance usually is in the name of the contractor or the property developer; but it could also be in the name of the property owner if he is responsible for insuring it while the property is under construction. Both commercial and residential construction sites might be covered under a builders risk insurance policy.

 

Commercial Trucking Insurance

As a private carrier, you are responsible for hauling goods in your own truck for your company or employer. Whether you’re working in construction, excavation, manufacturing, or any other private carrier capacity, we have truck insurance solutions for you.

Primary Liability – Every trucker/trucking company who operates under their own authority is required to carry primary liability coverage on all owned units and either provide this insurance for their leased vehicles or insure that the leased operator carries it on their own.  Generally, the motor carrier provides this coverage for the leased operators but there are rare instances when this is not the case.

Cargo Insurance – Provides coverage for loss or damage to the property a truck is transporting (the load). Generally, though not always, provided by the motor carrier for leased operators.

Physical Damage (Collision, Specified Perils) – Provides coverage for repair or replacement for damage resulting from a covered loss (collision, fire, theft, hail, windstorm, earthquake, flood, mischief, or vandalism) to owned vehicles.

Contractor’s General Liability Insurance

Contractor’s General Liability insurance is for residential and commercial builders, general contractors, construction managers, design and build firms, specialty contractors or subcontractors.

We offer contractor policies for every type of project:

  • Property
  • Builders risk insurance
  • Liability insurance
  • General liability insurance
  • Commercial auto
  • Umbrella
  • Workers’ compensation
  • Equipment insurance
  • Contractor bond
Directors and Officers Liability Insurance

Directors and Officers Liability Insurance provides financial protection for the directors and officers of your company in the event they are sued in conjunction with the performance of their duties as they relate to the company. Think of Directors and Officers Insurance as a management Errors and Omissions policy.

Directors and Officers Insurance is often confused with Errors & Omissions Liability. The two are not synonymous; Errors & Omissions is concerned with performance failures and negligence with respect to your products and services, not the performance and duties of management. Generally it is a good idea to carry both Directors and Officers Liability Insurance and Errors and Omissions Liability Insurance.

Employment Practices Liability Insurance (EPLI)

Employment Practices Liability Insurance otherwise known as EPLI is insurance that helps protect you against claims from your employees that result from the general conduct of your business. Common examples of employee related claims include claims relating to:

  • Discrimination
  • Wrongful Discharge
  • Sexual Harassment
  • Hostile Working Environment
  • Wrongful Termination
  • Lack of Advancement

This coverage can be added to as an endorsement to the general liability policy at a very affordable rate. 

Garage Insurance

If your business sells, services, stores, or parks automobiles, your General Liability Insurance coverage may not be enough to protect you from lawsuits. Car dealerships, body repair shops, and gas stations are specialty businesses with special insurance needs. By combining parts of a Commercial General Liability policy with parts of a Business Auto Policy, Garage Insurance guards against the unique risks associated with your automotive business including claims for injuries, mistakes, or property damage resulting from work you have done or unknowingly defective parts that you may have installed.

.

Liquor Liability Insurance

Liquor Liability Insurance is designed to provide liability insurance protection for those businesses who manufacture, distribute, or sell alcohol. You need liquor liability insurance if you are a:

  • Bar
  • Tavern
  • Nightclub
  • Fraternal Club
  • Convenience Store
  • Liquor Store
  • Restaurant
Product Liability Insurance

Product liability insurance protects you in case a product you produce or provide causes harm to a user or a user’s property. A “product” is anything that is tangibly used, touched, or consumed. This type of insurance is recommended for every business that manufactures a product, but is especially important for companies that produce food, clothing, toys or anything else that could conceivably cause harm to someone.

Most business owners policies include limited product liability coverage. If, for some reason, you do not have this coverage through a business owner’s policy and your product runs the risk of inflicting harm on other people, you may need to buy product liability separately. Similarly, if your product presents a higher risk of injury (for example, it contains a hazardous material), you may need to purchase additional coverage.

Restaurant & Bar Insurance

Today’s restaurant environment is more complex than ever and you want to know you’re covered for the unexpected occurrence with insurance specific to the unique needs of restaurants and bars.

Whether you run a small cafe or a national chain, you could be held liable for anything from contaminated or spoiled food to spilled coffee. That’s why you deserve an insurance company with commercial restaurant insurance coverage specifically designed for the risks you face.

Restaurant & Bar Insurance is needed for the following:

  • Fine Dining
  • Casual Dining
  • Fast Food
  • Ethnic Cuisine
  • Delicatessen
  • Coffee Shop
  • Micro Brewery
Technology Insurance

Many companies are unaware that their current business and insurance policies most likely do not cover them for all of their technology-related risks. Our technology insurance protection offers coverage options tailored to fit your company’s unique needs.

In today’s technology-driven world, companies face a number of dynamic exposures. Whether it is faulty software, inappropriate advice, misconfigured firewalls or inadequate anti-virus software, hardware failure – companies are increasingly at risk. Claims are growing rapidly, leaving companies liable for expensive lawsuits.

Wholesalers & Distributors Insurance

We offer a broad range of coverages that are cost-effective and perfectly tailored for your business requirements if wholesaling or distributing. Get coverage specifically designed to meet your needs.

Our wholesalers and distributors insurance programs include detailed risk assessment and loss control expertise that can help reduce insurance costs for everyone from the small supplier to the large distributor.