OUR PRODUCTS
We strive to be the exemplar of customer-centricity in insurance, where every aspect of risk transfer, from the sales process to claims, is singularly focused on serving our customers. We carefully select the businesses and intermediaries we work with, as well as our carrier and claims management partners, to ensure that every interaction point, from initial quote to renewal, is optimized for our customers. At every stage, we ask ourselves if we are doing the best we can for our customers.
Our constant iterative process ensures that we are always optimizing every part of our business to better serve our customers. We believe this approach will become the norm, as we know that relying on an asymmetrical information advantage is not a viable long-term business strategy.
WHAT WE OFFER
Our
Business Owner’s Policy
A Business Owner’s Policy (BOP) is a combination of general liability and commercial property insurance that helps small businesses protect against unexpected expenses related to property damage, medical payments, and lawsuits. It covers businesses with physical locations, equipment or inventory, and interactions with customers and the public. The cost of a BOP varies depending on the business's industry, location, and risks. A BOP covers all the items and general liability risks covered by commercial property insurance, as well as damage to other people's property, injuries to customers or vendors, and legal fees. Additional coverage can be added to a BOP, such as workers' compensation, commercial auto and other coverages and enhancements. A BOP provides the same amount of protection as a standalone general liability policy, with the added benefit of coverage for goods, gear, inventory, and the physical building.
Our BOP policy also includes an enhancement for Tools and Equipment Coverage
Tools & Equipment insurance is a type of insurance that provides coverage for tools and equipment used in various professions such as construction, plumbing, and cleaning businesses, among others. This insurance helps to pay for the replacement or repair of stolen, lost or damaged tools and equipment. It covers equipment owned by the insured, employee tools and clothing, and even borrowed equipment under the Select Pro or Pro Plus coverage. This insurance is important because it protects the insured from having to pay out of pocket for the replacement or repair of their essential gear.
Workers Compensation
Workers’ compensation insurance covers expenses related to work-related injuries such as medical bills, lost wages, retraining, permanent injury, death benefits, and employer liability. It's required by law in most states for businesses with employees, and even self-employed workers can purchase optional coverage. The insurance also offers protection against employee lawsuits and may be necessary to obtain licenses or permits for certain professions. Not having insurance could result in significant financial losses for businesses.
Commercial Property
Commercial property insurance is a type of insurance that protects the physical assets needed to run a business, such as inventory, business equipment, furniture, and brick-and-mortar structures, against risks such as water damage, fire, wind, vandalism, and other risks. It provides financial help for repairs or replacement costs for damaged property after a covered event, subject to policy terms and conditions. Commercial property insurance covers four basic types of coverage, which include goods, gear and inventory, business income interruption, equipment breakdowns, and buildings. It can also protect businesses against theft and some qualifying man-made disasters, but not earthquakes, volcanoes, and floods. Commercial property insurance is recommended for businesses that rely on equipment, inventory, or furniture to do business and run their operations out of a physical location. Building coverage can also be added for businesses that own real estate.
Commercial Auto
Commercial auto insurance provides coverage for businesses in case of unexpected expenses resulting from accidents involving company-owned vehicles. The policy can cover emergency care, medical bills, property damage, vehicle damage, legal fees, and more. This type of insurance is required by law in almost every state and is recommended for businesses that use vehicles for work-related purposes, such as delivering goods or carrying equipment. Hired and non-owned auto insurance can provide additional coverage for employees who use their personal vehicles for work. The policy can cover both personal and work use of the insured vehicle but does not cover items transported in the vehicle. Businesses may also want to consider purchasing tools and equipment insurance to cover damage or theft of equipment.
Our Commercial Auto policy also includes an enhancement for Hired & Non-Owned Auto Coverage
Hired & Non-Owned Auto insurance (HNOA) provides coverage when driving a rented vehicle or when an employee uses their personal vehicle for work purposes. This insurance can pay for expenses related to property damage, injuries, legal fees, and judgments up to the policy limit. Any business owner or employee who rents vehicles or occasionally uses their personal vehicle for work can benefit from HNOA coverage. HNOA insurance is offered on an "excess basis," meaning it kicks in once the employee's personal car coverage reaches its limit or their insurance company denies coverage.
Professional Liability / E&O
Professional Liability Insurance, also known as Errors and Omissions insurance, provides financial protection for businesses in case they are accused of making a mistake or professional negligence that causes financial loss to a customer or client. This insurance helps cover the costs of defending a business or fixing mistakes. It is common for businesses that provide professional services, and it can protect a business's reputation, prevent confrontations with customers, and cover unexpected expenses. E&O insurance is important because it helps businesses avoid disruptions and out-of-pocket expenses, and it can cover legal fees and other expenses. Additionally, it can be required for certifications, licenses, and contracts, and it can help a business get more clients.
Cyber Insurance
Cyber insurance offers coverage for a wide range of cyber risks, including computer attacks, data breaches, liability, fraud, and identity theft. Small businesses that rely on digital information and technology are at risk for cyber attacks, which can be devastating and costly. Cyber risks are constantly evolving, and nearly half of all data breaches target small businesses. Having cyber insurance is crucial for businesses to protect against new and evolving risks, and to respond to unintentional leaks of personal data or records. Without insurance, a cyber attack could potentially put a small business out of business.