Once you’ve purchased insurance with us, you can download a certificate of insurance by logging into your account. Business insurance in Connecticut covers a broad selection of coverages that protect your business. Business property insurance can cover many of your business’s valuables to ensure that you are not responsible for replacing them if they are lost, destroyed, or damaged. There are different types of property insurance to meet your needs. Property insurance can also be customized for unique situations that may arise in certain businesses. For example, suppose you run a restaurant that has kitchen equipment.
Real Property – The building, the land it stands on, equipment attached to the building or the land, and anything within or on that building or that land. The ultimate goal should be to reduce loss exposure as much as possible through proper planning. Rear ends the car in front of them while driving a company vehicle to the job site. We have specialist advisors in all areas of our business, as well as fantastic support staff who will be able to help you if your advisor is unavailable when you make contact. “”The best customer service around! They have helped me as well as my family find the right insurance at the best price.”” At SAVA Insurance Group, we are guided by heart — which means we will work closely with you to help you decide which type of policy meets your business needs best through this link homesforsaleoldgreenwichct.com
Without it, you’d be responsible for paying the costs to fix or replace your damaged business property. Your policy can provide the replacement cost value, actual cash value or market value for your business property. This type of commercial property insurance can cover many different specific issues and events, but the most common are theft, slip-and-fall accidents, and property damage. Commercial property insurance isn’t just for big businesses such as malls and giant retailers.
These businesses are required by Connecticut state law to carry workers’ compensation insurance to protect their employees should they become injured or ill while on the job. So, if you can’t operate your business because of covered property damage, your policy can help replace your lost income. When you work with a reputable insurance agency, these are typically the areas that are covered with commercial property insurance packages. Business Income This coverage reimburses a business owner for lost profits and fixed expenses during the time that a business is closed.
At The Lyman Agency, LLC., we recognize that it is the relationships we establish with our clients that set us apart. You want an insurance agency that is familiar with the business to ensure you have the complete coverage you need. We’re an insurance company backed by over 200 years of experience with a team dedicated to helping propel small business owners forward. Having the right Connecticut business insurance policies in place is absolutely essential. Let us create a business insurance package uniquely suited to your company and industry. We will always show our respect and appreciation because, with hundreds of available agents, you chose us to service your commercial insurance needs
The cost of commercial property insurance will depend on the coverage that you choose and the size and location of your company. Small companies that are located in areas that are less prone to natural disasters will be cheaper to insure. We can also tailor a broad protection policy to fit your commercial property needs.
Any commercial vehicle with a seating capacity of more than eight passengers must have a minimum of $1,500,000 in liability coverage. Business Owners, General Liability, Professional Liability and Workers’ Compensation policies are underwritten by insurers that are affiliated with Progressive and with unaffiliated insurers. Progressive Advantage Agency, Inc. attempts to quote each applicant contacting us for a quote with at least one of these insurers. Certain Progressive companies may be compensated as licensed agencies for performing services on behalf of these insurers.
It applies while the premises are being restored because of damage from an event such as a fire. Business income insurance may also cover financial losses that occur if civil authorities limit customer access to your neighborhood or business after a disaster. A business insurance policy that combines property, liability and business interruption coverages for small to medium-sized businesses.
These costs could be for repairs for damage caused by one of your workers, medical expenses for a nonemployee’s injury, legal defense representation, or settlement payments. Sectors that face a higher risk are often consultatory or advisory services providers, such as architects, engineers, and lawyers can benefit from professional liability coverage. Rental Properties Insurance Rental property owners have multi-faceted risk exposures and property value considerations. Rental real estate owners need protection from disaster damage, liability claims from tenants, and revenue loss due to repairs or vacancies. Workers’ Compensation Connecticut law states that any company with employees must carry workers’ compensation insurance. Group Health Small and large businesses are increasingly turning to professionals to help them navigate the Affordable Healthcare Act and what it means for them as an employer and for their employees.
There are different types of business property insurance available depending on your needs, so be sure to choose the right one for you. Talk with one of our agents to better understand how it works, so you are well-versed in these types of insurance by the time a claim occurs. If you’re a business owner in Connecticut, you know how important it is to have reliable property insurance. After all, your business property is one of your most valuable assets. That’s why you need to make sure you’re getting the best possible coverage from a reputable insurance agency.