COMMERCIAL INSURANCE

Commercial insurance protects businesses from losses due to unexpected events during normal business operations, such as lawsuits, natural disasters, or accidents. There are many types of commercial insurance policies for businesses. Below are some of the types you would want to consider while owing your business:

Commercial General Liability

Commercial Auto

Business auto coverage insures vehicles that are owned, leased, hired or borrowed by businesses of any size or scope, and may be used to insure private passenger autos and all types of trucks, trailers, semitrailers and commercial vehicles designed for use on public roads.

Commercial Property

Property Insurance covers the risk of property loss in a variety of commercial situations, including commercial buildings, equipment, furniture, fixtures, inventories, business records, supplies, and other physical items. Property insurance may cover direct losses because of lost, stolen or damaged property, or consequential losses that result from direct loses.

Commercial Equipment Floater

Equipment floater insurance covers the tools and moveable equipment your business uses, in case of damage or theft. It’s sometimes referred to as contractor’s tools and equipment insurance, and is often used by those in maintenance, repair, and construction trades to cover mobile equipment that is taken to jobsites.

Workers Compensation

Workers’ Compensation claims arise from bodily injury and disease that occur during the course of employment. Workers’ Compensation protects employees under state law and provides medical care, disability and rehabilitation benefits if they should be injured on the job.

The above are just some of the coverages a business can acquire. There are many types of coverages one should consider when owning a business. If you have any questions regarding your current coverages or premiums, call Arctic today and let one of our knowledgeable professionals walk you through it.