Business Insurance
Businesses present unique exposures for insurers, so it is harder to generalize about coverages. The categories of policies listed below are only an outline of the coverages available through our insurance carriers.
Whatever your commercial insurance needs, we can design a protection program that's right for you. Segner Insurance provides the following types of business insurance protection:
| Commercial Auto Business Owners Package (BOP) Commercial Liability | Commercial Property Commercial Umbrella Workers' Compensation |
BOP (Business Owners Package)
Business Owners Package policy, commonly called a "BOP" contains many of the insurance coverages needed by most small businesses. The basic BOP offers business property 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. Also available is business income and extra expense protection after an insured loss.
Commercial Auto
A commercial automobile insurance policy is required under most circumstances when the vehicle is used for business purposes. The policy provides coverage for Bodily Injury, Property Damage Liability, and Physical Damage for risks such as service, retail and commercial uses. This insurance is available for individual unit or fleets.
Commercial Liability
The commercial liability policy provides protection for claims of liability that are made by third parties. The policy provides defense protection even if the allegations are groundless. In addition the policy will pay any judgment up to the policy limit of coverage.
Commercial Property
Commercial property policies can be written on buildings, fixtures, equipment and business personal property. Additional coverage available for outdoor signs, building glass and improvements and betterments.
Commercial Umbrella
Today's operation of a business involves a variety of exposures to risks of loss by a third party interest. This is a major concern, with the prevalence of lawsuits and the trend to larger jury awards. A sizable liability loss could have an extreme adverse financial impact on the business operations. Commercial umbrella liability insurance provides a safeguard against the excess third party liability exposure.
Workers' Compensation
Workers' 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.