Commercial Coverage Lines

Provides coverage for bodily injury, personal injury, and property damage as a result of the business’s operations, products, or injuries that occur on the business’s premises.  

Provides coverage for the cost of medical treatment and lost wages for employees who get injured or sick because of work. It supports paying medical bills and replacing a portion of the lost wages for employees who suffer work-related injuries, regardless of who is considered at fault.   

Provides coverage for work vehicles. For example, delivery vans, trucks, and company cars. It supports paying for injuries and property damage to others if someone with the business causes an accident while driving your work vehicle.  

Provides coverage for additional liability protection when the limits of primary policies are exhausted. It acts as a financial safeguard, stepping in when a lawsuit or claim exceeds the maximum payout of general liability, commercial auto, or employer’s liability policies.  

Provides coverage for the damage that your business suffers because of a cyber security breach by offering financial protection in the event of an electronic data breach, cyberattack, or other cybersecurity issue.   

Fidelity bonds are a coverage for dishonest acts, like fraud, theft, forgery, embezzlement, and computer fraud. In the instances these actions occur, the business is protected with this insurance in addition to the financial compensation for what was lost.

Surety bonds include all three parties in a bond coverage: 

• Principal (buyer of the bond)
• Guarantor/Surety
• Obligee

They can be further narrowed down into 2 types: Contractors and Commercial. Contract bonds are to guarantee the completion of a project based on the outline they provided. Commercial bonds are to follow compliance for regulations in their industry. Getting a surety bond lowers risk, increases market appeal, and lowers overall costs. 

Provides coverage in the following ways: 

• Real Property – Commercial buildings and structures
• Business Personal Property – Furniture, fixtures, stock, and equipment at a fixed site 
• Time Element – Business income, extra expense, and loss of rents 
• Marine - Transportable property inland (across land) and ocean (across water)

Provides coverage for "wrongful acts" committed by people within the business.

It does include: 

• Breaches of duty
• Negligence
• Misstatements
• Omissions
• Any action leading to a claim 

It does not include:

• Theft
• Libel
• Slander 
• Dishonesty