Business Insurance for Companies in NYC
There are many different types of commercial insurance policies that are available in the marketplace, and it can be difficult for business owners to know
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Coverage provided by a Standard Business Policy may be best suited for a retail store or general business. Non-profits require coverage specifically tailored to your organization. It is advantageous to work with one of our seasoned professionals, who knows and understands the non-profit insurance industry.
D&O Insurance for people giving back their community by sitting as board members for local non-profits.
Rates will vary depending on factors such as payroll, as well as the type of work your employees do. Connect with your local agent to learn more about coverage for your business.
Property insurance provides protection for buildings due to a loss or damage to your structure or contents. Business Income/Extra Expense coverage is critical if your business is shut down due a physical loss to the building. This coverage can replace loss revenue or provide funds for the extra expenses associated with a physical loss such as a fire.
This coverage helps protect your non-profit against legal liability caused by bodily injury, property damage or personal injury to others. You may need specialty coverage within the General Liability policy including Abuse Liability or Professional Liability. Event coverage or Liquor Liability may be needed for fundraisers or events. Liability coverage can cover the cost of legal fees and settlements due to a lawsuit.
Auto Liability coverage can help to protect your non-profit against legal liability caused by bodily injury or property damage from an auto accident. Hired and Non-owed auto coverage is important even if you do not own company vehicles.
A non-profit may contract or employ medical professionals including physicians, psychiatrists, dentists or an APRN. This can include professionals that are writing prescriptions or hold a medical degree.
A non-profit may store private information including medical records and notes. This data is to be protected and a non-profit can have a liability issue if that data is lost or stolen. Cyber liability has many coverage points and a proper assessment of specific needs can be performed.
Umbrella liability insurance closes the gap between underlying limits of coverage and possible claims in excess of that coverage. An umbrella can ‘sit’ over your current General Liability, Professional Liability, Abuse Liability and Commercial Auto coverage.
Protects members of the board against claims alleging wrongful or omissions made while carrying out their duties on behalf of non-profit. A Directors and Officers policy may also need to include Employment Practices Liability and Fiduciary Liability.
Equipment breakdown coverage provides coverage for mechanical, electrical or pressure system breakdowns. This coverage can be purchased on a commercial policy. If you have well pumps, generators or boilers, you have a need for this coverage.
There are many different types of commercial insurance policies that are available in the marketplace, and it can be difficult for business owners to know
For a free quote for your business or personal insurance, send us a message or call us at (203) 655-6974.
