Spencer Insurance Group - Commecial Insurance Lines

Commecial Insurance Lines

Tuesday, 20 October 2009 15:08

Bodily Injury Liability Coverage: Helps protect you for injuries to other people resulting from your operations.
Property Damage Liability Coverage: For damage claims to property of others.
Personal Injury Liability Coverage: Helps provide you with protection for such offenses as false arrest, libel, slander and wrongful entry.
Advertising Injury Liability Coverage: Helps cover your legal liability for a variety of offenses arising out of the advertising of your business’s goods and services.

Business Property Protection Coverage helps protect your building and contents in case of direct physical loss.

Excess and Umbrella Policies will help protect assets by providing higher limits, broader coverage and first dollar defense when primary liability limits have been exhausted or do not respond.

Can help protect certain professionals and related businesses from claims alleging a negligent act, error or omission in the performance of professional services.

Garage Keepers Legal Liability Insurance. An insurance contract that protects a garage keeper against liability for damage to vehicles in his care, custody, or control caused by specific perils.

Comprehensive protection can be provided for your business personal property that is routinely located off-site. We offer coverage for contractors' tools and equipment as well as the property of others that is in your care, custody or control.

As a business owner, you may need Workers' Compensation insurance to protect employees who are injured on the job and to comply with workers' compensation laws.
We have several markets offering coverage with dividends depending on the size and loss history of the account.
Working together and using a pro-active approach that enhances the recovery process shortens the time between the injury and productive return to the job. We are committed to helping you create a program that helps cut costs and works for you and your employees
An organized and structured plan minimizes chances for re-injury and stimulates the injured employee's confidence and sense of well-being. A more stable workforce promotes cooperation between you and your employees. This results in a decrease in litigation and system abuse, and boosts employee morale.
A return to Work Program benefits include:

Cost savings on workers compensation claims, indirect accident costs, and personnel costs. It improves your experience modification factor and positively impacts your workers compensation premiums.

Either as an individual, or in connection with your business, you may be asked to give a bond guaranteeing your performance of an obligation. Some bonds we consider are those required by Probate Courts, Notary Public Bonds, License & Permit Bonds for contractors, plumbers, electricians, or heating and air conditioning contractors and tax/utility bonds.
Dishonest employees steal millions of dollars of property from business owners every year. Consider protecting your business property by purchasing Employee Dishonesty coverage or a Fidelity Bond. The coverage may be added as an option to your business policy or, depending on particular requirements, as a separate Fidelity Bond. Business owners who have established retirement plans may also need a Fidelity bond required by E.R.I.S.A. (Employee Retirement Income Security Act)

Business Interruption Coverage: Helps protect against loss of income (for up to 12 consecutive months) resulting from a covered loss.

(EPLI) is needed by a business owner with employees. EPLI can cover claims for harassment, discrimination or wrongful termination. It is specifically designed to help protect the insured and their business in the event a suit or administrative charge is brought by an employee.