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Dealership Insurance

Keep your business running smoothly with dealership insurance.

Insurance for dealerships of different types and sizes.

Whether you sell vehicles or equipment, are a franchise or independent, or specialize in used or new products, your dealership needs an insurance policy that fits its specific needs. It’s all too easy to overlook some of the risks for which you need protection.

Coverage for the vehicles you sell.

You don’t just need to think about insurance for your premises and stock. You also need to explore whether you face any risks of lawsuits if people suffer injuries or damage from using the equipment or vehicles you sell. If you’re dealing with new goods, you may need to protect yourself against the risks of having to recall a particular model.

What is garagekeepers coverage?

This helps protect against damage to the visitor’s car, including theft or vandalism. For example, if visitors leave their own vehicle on your premises while taking a prospective new vehicle for a test drive or while negotiating a trade-in, you may be legally required to have garagekeepers coverage.

What is dealers errors and omissions liability?

This may help cover the cost of defense if your dealership is sued, and may also help pay for damages that may be awarded to another party. Policies might also cover a range of errors and omissions situations such as title errors, violations of credit or leasing laws, and allegations of negligence in recording a used vehicle’s history.

The business side of dealership insurance.

Don’t forget to make sure your insurance covers more general business elements such as personal liability for visitors to your premises, workers’ compensation for staff, and employment practice liability insurance to cover your business against discrimination claims and other human resources risks.

To find out more about dealership insurance, contact us to go over your business needs and coverage options.

Crop Insurance

Take control of what you can and get protection for what you can’t with crop insurance.

How can crop insurance help protect your business?

Growing crops is an essential business and the viability of those crops is essential to your bottom line. You can take all possible precautions and yet outside forces beyond your control can devastate your fields. Having adequate insurance in place each growing season may protect you from the unexpected for when disaster strikes.

Coverage for whatever crops up.

Farmers face three major risks when it comes to their crops: low yields, poor quality, and low crop prices. Not producing enough, producing crops that cannot be sold, or having the price of certain crops fall can lead to significant losses for farms. Often, the factors that create the scenarios cannot be predicted or avoided. Farmers can choose to insure their crops and, therefore, their livelihood.

Crop-hail insurance protects against hail and other perils.

Hail can be extremely dangerous for crops. Hailstones can vary in size, though a storm is considered severe if stones are one inch in diameter or larger, and stones can be of various sizes within the same storm. Some areas are more prone to hail than others, but hail is unpredictable since it can destroy a portion of a crop while leaving another area of the field untouched. Some policies may also cover the costs to replant damaged crops. Crop-hail insurance may also provide coverage for more than just hail, such as:

Multi-peril crop insurance offers basic and additional coverage.

Multi-peril crop insurance, also known as all-risk crop insurance, provides protection for times when the crop yield is low or of poor quality as a result of covered perils, including hail, insects, and disease. The United States government fully subsidizes the cost of catastrophic coverage, but farmers can increase their coverage through a buy-up program in order to secure more adequate coverage. This coverage must be purchased before the growing season begins, on dates set by the federal government. Multi-peril policies may include coverage for the following:

Other crop insurance considerations are available.

In addition to crop-hail and multiple peril crop insurance, there are other policies available to farmers. Revenue insurance helps protect a farmer’s income by guaranteeing a certain level despite unpredictable factors like low yields and prices. Livestock insurance may also be available for farms that raise animals. Similarly, insurance can be purchased to insure the pasture, rangeland, forage, and hay necessary to raise animals.

To review your crop insurance needs and to learn more about your coverage options, contact us.

Cyber Security Contractor Insurance

Protect your business with cyber security contractor insurance to help secure your clients’ data.

Cyber liability for the cyber security contractor.

As a cyber security contractor, you might not think you need cyber liability insurance as part of your cyber security contractor insurance policy. However, it’s actually one of the more important coverages to have. There are two main types to consider. First-party cyber liability insurance helps cover your business in the event of a breach. Hackers could steal clients’ credit card numbers or other sensitive information. First-party cyber liability insurance may help cover expenses resulting from cyber extortion demands, client notification, and client credit monitoring.

What’s the other beneficial liability policy?

In addition to first-party cyber liability insurance, you’ll also want to look into third-party cyber liability insurance. Third-party cyber liability insurance is what helps protect you in the event your client suffers a data breach and sues your company. You could be facing a lawsuit if your client believes you were negligent in preventing a cyber-attack. This coverage may help cover expenses related to client lawsuits like court costs and attorney fees. Therefore, as a client-facing business, it’s important to consider this coverage.

Mistakes can happen, insurance may help.

Cyber security can be a complicated field so it’s easy to understand how mistakes can happen. What if an error in your coding leads to a client data breach? Perhaps you miss the signs of a hacker in your system and they manage to break through and steal information. Or, maybe you miss an agreed-upon deadline. All of these and more can lead to expensive lawsuits. Consequently, errors and omissions liability insurance (E&O) should be considered as part of your cyber security contractor insurance. Unlike third-party cyber liability insurance, E&O liability insurance helps cover the costs of lawsuits that stem from work performance as opposed to a data breach.

Why do you need cyber security contractor insurance?

With the world becoming increasingly digital by the day, there are more and more hackers out there trying to steal that information. As a cyber security contractor, it’s your job to help protect your clients’ data, but who will protect you? That’s where this type of policy comes in.

Dishonesty is an unexpected problem.

When you hire your employees, you never doubt whether they’re trustworthy or not, which can sometimes come back to bite you. Your employees have access to your clients’ sensitive data and network as well as yours, which puts them in a prime position for potentially committing a crime. Therefore, fidelity bonds, also known as employee dishonesty bonds, are an important part of your cyber security contractor insurance policy. This policy may protect you and your clients in the event that an employee steals data, money, and even property from your business or from your clients.

Round out your cyber security contractor insurance.

Cyber security contractors face some unique risks, but there are still some standard coverages you may want to consider as part of your cyber security contractor insurance plan. As a contractor, it’s likely you’ll have to travel to client sites for network setup, monitoring, or other services. Business auto insurance may help cover damages to your vehicles while they’re being used to conduct company business. In addition, commercial property insurance may help protect your company’s building and most things in it from loss caused by fire, theft, flooding, or other named perils. Finally, your employees often work with electronics, which could cause injury. Workers’ compensation insurance may help cover lost wages and medical expenses in the event that an employee gets injured on the job.

You’re busy protecting your clients’ security, insurance may help protect your business. Contact us to learn more about cyber security contractor insurance coverage.

Condo Building Insurance

Find peace of mind and protection with condo building insurance.

Four levels of coverage for condo buildings.

The unique nature of condo buildings often leads to some confusion over who is responsible for insuring what. In reality, it’s simple, but everyone involved—both the condo association and the condo owner—needs to know how it works. There are four main types of policies that each have their own unique areas of coverage, which include:

Association master policy.

The condo owners association provides coverage for some parts of the building against damage with an association master policy. The individual condo owners will be responsible for any remaining insurance for their own unit. The association master policy will almost always cover common areas such as hallways and elevators, but coverage beyond that may vary.

Bare walls coverage.

The simplest option is bare walls coverage, meaning the condo owners association policy simply covers the walls, floors, and ceilings in each unit, with the individual owners being responsible for everything else, including fittings and fixtures.

Modified single entity coverage.

Modified single entity coverage, or all-in coverage, extends coverage to any replacement or upgraded fittings. This may include coverage for fixtures and appliances, but not the personal property of the unit owner.

Single entity coverage.

Single entity coverage extends the condo owners association coverage to standard finishes, such as fitted kitchens and bathroom units, but not the unit owner’s personal property. One note of caution—if the owner of a unit replaces any fitting, such as a kitchen counter or carpet, it may no longer be covered by the association master policy.

Looking to help safeguard your investment with condo building insurance? Contact us to go over your needs and the coverage options available to you.

Contractor Insurance

Construct coverage for your business needs with contractor insurance.

Coverage for every type of contractor.

A contractor insurance policy is an easy way to cover multiple risks without having to settle for a one-size-fits-all policy that could potentially waste money on coverage you don’t need. There are a variety of options available depending on what type of contracting work your business does. From general contractors to HVAC technicians, plumbers, carpenters, electricians, painters, and the like, contractor insurance may help provide your business with coverage and peace of mind. Here are some coverage options to consider in your contractor policy:

The benefits of general liability for contractors.

As part of your contractor insurance policy, general liability insurance may cover you against claims of damage or injury caused on-site or to visitors on your premises. Such costs can be immense, and general liability insurance is often mandatory if you want to bid for government contracts.

Protection for the equipment you use.

You should also make sure that you protect your stock, machinery, and equipment against damage or loss from fire, theft, flooding, and other risks—both on-site and off-site. Just as important, you need to have insurance coverage against loss of income if you are unable to carry out work because your equipment is damaged, breaks down, or is stolen.

Coverage for your employees.

Remember to also get workers’ compensation insurance, which is usually mandatory and helps protect employees against lost income and medical bills resulting from workplace injuries. You might be worried that the costs of a workers’ compensation policy will be high given the inherent risks of construction work, but many insurers may offer discounts if you follow safety programs.

Do you need contractor insurance to protect your contracting business? Contact us to go over your business needs and coverage options.

Church Insurance

Pray for the best and prepare for the worst with church insurance.

Find peace of mind when insuring a house of worship.

When insuring a house of worship, you need to think of it as a building, but also as a community center, an employer, and in some cases, a religious leader’s home. With church insurance, you may find coverage to help bring you peace of mind.

What does church insurance cover?

Church insurance is a type of business insurance that protects the owners of houses of worship against specific risks. There are many different coverage options that may or may not apply to your house of worship, which is why there is no one-size-fits-all solution. For example, a church insurance policy may take care of the obvious costs such as property damage from theft, vandalism, and natural disasters, but may also cover the unexpected associated costs for those covered events. This could include having to update the building to comply with local ordinances when carrying out repairs after an incident.

Most common coverage options for houses of worship.

Houses of worship are unique in the type of insurance they require for the risks they face. Ensuring that your house of worship is properly covered is important, and here are a few of the coverage options that may be added to a church insurance policy:

The gaps that church insurance fills in.

The list of coverage items that an ordinary policy might not include is lengthy. Examples include defibrillators or other equipment needed for large groups of visitors, the personal property of religious leaders, and even the costs of repairing or replacing things like stained glass windows. You may also be able to get coverage for church events, child care, as well as ministers and pastors liability, which are all specific to the day-to-day operations of houses of worship.

Coverage for the unexpected.

There are things that are unplanned, but your house of worship still needs to be prepared for the unexpected. You may want to get coverage for liability issues, travel risks on mission trips, and the costs of recruiting a suitable religious leader if a replacement becomes necessary. These are risks that may come out of nowhere, but having them under your policy may help bring you the peace of mind you need.

Are you ready to protect your house of worship with church insurance? Contact us to go over the risk factors and insurance needs of your house of worship, as well as your coverage options.

Concrete Contractor Insurance

Protect the foundation of your business with concrete contractor insurance.

Coverage options that concrete contractors may need.

No concrete contractor insurance program would be complete without general liability and commercial property insurance. General liability insurance offers protection in the event you damage someone’s property or someone is hurt on your property or a worksite. Commercial property insurance helps protect your building (whether owned or rented), storage facility, inventory, supplies, and more. You’ll often find these coverages packaged together into a business owners insurance policy (BOP).

Business auto insurance for all your vehicles.

Your concrete contractor business likely utilizes a variety of vehicles. For instance, this could include a car for traveling to appointments, trucks to carry equipment and crew, and even a large concrete mixer truck. Business auto insurance may pay for property damage or bodily injuries after an accident. Similarly, if any employee uses their own vehicle while on the job, or if you rent vehicles periodically, consider including hired and non-owned auto insurance as well.

Liability insurance helps protect you during and after the job.

Mistakes in your work could result in a minor inconvenience or become a matter of life and death. And, while not necessarily anyone’s fault, problems can arise if there is something wrong with the materials you use. Consequently, you need professional liability insurance that helps protect you in the event of an error. Also, consider completed operations insurance, which provides liability protection for the work you did even when the project is finished.

Protect your essential tools and equipment.

You simply cannot operate if you don’t have your tools and equipment in proper working order. Protect your business with tools and equipment insurance that may provide coverage for the replacement or repair of your specialized tools and machinery. Whether lost, stolen, or damaged, this insurance can help get you back to work with less downtime while waiting for items to be fixed.

What is covered by concrete contractor insurance?

Typically, policies may include business auto, employment practice liability, general liability, and commercial umbrella insurance, as well as builders risk and inland marine insurance, depending on the needs of your business.

Don’t skip other important business insurance policies.

Some insurance policies benefit most businesses, even the most highly specialized. For instance, cyber liability insurance offers protection from the financial ramifications of data breaches and network hacks. Workers’ compensation insurance requirements exist in most places, but the importance of this coverage cannot be stressed enough for concrete contractors due to the physical nature of the work you do. Finally, if someone makes accusations of discriminatory practices or harassment, employment practice liability insurance may help pay for defense costs and settlements.

Are you interested in concrete contractor insurance for your business? Contact us to learn more.

Cheer Gym Insurance

Safeguard your business and your students with cheer gym insurance.

Cheer gym insurance is a necessity.

All businesses need basic insurance. Your cheer gym requires more than just the basics. Insurance may provide the coverage you need to help keep your business protected. It starts with sufficient general liability insurance. Any sport carries the risk of injury to its participants, and cheerleading is no exception. Should someone become injured at your facility, your liability insurance may help pay for defense costs as well as any damages awarded by the court. Inadequate limits could lead to financial ruin.

It’s more than just cheerleading.

If your operation does more than just cheerleading instruction, your insurance must reflect that. For example, you may offer competitive dance programs, birthday parties, yoga and exercise classes, cheer and dance clinics or camps, gymnastics, and open gym periods. Your students may also participate in off-site events while representing your gym, so you’ll want to be protected in those instances, too.

What does cheer gym insurance cover?

Typically, policies may include general liability and accidental medical expense insurance, with coverage options such as abuse and molestation liability, event, commercial property, business income, crime, excess liability, and more depending on your needs.

Insurance tailored to the population you serve.

Most cheer gyms cater to children and young adults with skill levels ranging from novice to more experienced students. The highly physical type of activities cheer gyms specialize in carries a higher risk of injury. Accident medical expense insurance may help cover the out-of-pocket expenses incurred by participants who are injured in the course of training or competition. Working with youth means there’s also the risk staff or owners could be accused of physical, sexual, or mental abuse. Defense of such claims is typically very expensive and a cheer gym insurance program can offer coverage for abuse and molestation claims.

Cheer gyms face standard business risks, too.

Workers’ compensation, premises liability, gym equipment, office contents, and cyber liability insurance policies are also available to protect the business side of your organization. If your cheer gym can’t open due to damage from a fire or other perils, business interruption insurance can protect you from financial losses. Insurance agents with specialized knowledge of the industry can help you select the best cheer gym insurance for your facility.

To learn more about cheer gym insurance for your business, contact us.

Child Care Center Insurance

Get coverage to protect what matters most from the start with child care center insurance.

Insurance that helps cover the risks of child care.

All businesses need insurance for their building, business property, and other equipment. Child care centers have additional insurance needs that relate directly to the care they provide and the young population that they serve. Whether you run your child care business from your home or a commercial building, you’ll need coverage specific to the needs of your business.

What is covered by a child care center policy?

Child care center insurance provides coverage for business property and liability, with the availability of coverage options for your unique risks. For example, young children are more likely to fall or get injured than adults or even school-aged children. Therefore, having protection for the injuries of the students as well as liability protection for the workers in case of a negligence suit may protect against financial losses. Other coverage options you may want to consider in your child care center insurance policy include:

Coverage that’s unique to the child care industry.

Child care centers must also insure against damage to the school or any of its property and equipment, including outdoor play structures and toys. Centers that provide transportation for students need proper business auto coverage for either a center-owned van or a worker’s own vehicle. Abuse and molestation liability coverages are essential when working with a young population.

The business side of child care centers.

Your child care center is more than just a place for learning or simply a daycare, it’s also a business. That means in addition to the coverage specific to child care centers and daycares, there are other business insurance coverages you may want to consider, such as workers’ compensation, employment practice liability, employee dishonesty, and cyber liability.

Are you looking for child care center insurance to safeguard your business so you can keep teaching and watching over the children under your care? Contact us to go over the insurance needs of your child care center.

Cannabis Insurance

Cover your operations with cannabis insurance designed to help your business grow.

Insurance that grows as the industry evolves.

Legal cannabis businesses are a new and controversial sector, but they are businesses nonetheless and operators may find real benefits from industry-specific insurance policies. Here are some examples of cannabis businesses that may benefit from a cannabis insurance policy:

Risks related to cannabis businesses.

As with any business, you’ll need to protect your property against damage from risks such as fire and theft. Check carefully to make sure your products are covered in transit, such as between a cannabis farm and a storage facility. It’s also worth looking at coverage that pays out for lost income and profits rather than simply the cost of the raw materials.

Liability coverage options for cannabis businesses.

Liability issues are also important in cannabis insurance. This includes general liability insurance that helps protect against incidents such as a visitor to your facility being injured. In addition, product liability insurance helps provide coverage that kicks in if you are sued over your products.

Policies for medical and recreational cannabis.

You’ll need to check policy conditions carefully. Often it’s a condition of the insurance that you comply with all local laws, regulations, and licensing. Also, remember that the insurance conditions for medical cannabis may differ from those for recreational cannabis.

Cannabis insurance is a new, thriving industry, but you may still get coverage to protect your business. To find out more about the risks you need to cover, contact us.

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