They know we want lower rates and bigger discounts for our customers. General liability is the most common commercial coverage and almost every New York business should consider it. It protects against third-party bodily injury and property damage, as well as personal and advertising injury. We chose Liberty Mutual as our best provider of business owners policies that combine multiple types of coverage into a single policy protecting against liability, property loss, and loss of income. Liberty Mutual is in a unique position to help large numbers of business owners, regardless of industry.
Business property https://www.bayareacrosswords.org/ covers damage to your business’s facilities, equipment, or inventory that result from a qualifying event. We chose The Hartford as our top workers’ compensation provider because of the special benefits it offers employers such as pay-as-you-go plans. These plans drastically lower the chances of over- or under-paying premiums because costs are based on actual payroll instead of projections.
Our commercial auto insurance policies are offered through a Berkshire Hathaway subsidiary. We’re an independent agency representing more than 35 national and regional commercial insurance companies. Most of our partners are actively quoting NY business liability insurance. We make our insurance companies compete for your insurance business.
Schaefer Enterprises can help you craft airtight waivers of subrogation agreements between the insured and the potential negligent party, and between the insured and the insurer. The commercial insurance content available on this page is for informational purposes only and not for the purpose of providing legal or financial advice. Wholesale and DistributionRead informative articles on New York wholesale distribution insurance. Marine, Boat And WatercraftDiscover what types of commercial insurance government entities in New York need. Local, State And Federal GovernmentDiscover what types of commercial insurance government entities in New York need.
Though it’s not required, personal vehicles driven for work purposes should be covered by hired and non-owned auto insurance , as personal auto policies usually exclude business use. It can be added to commercial general liability insurance or a business owner’s policy . The company offers other types of business insurance including commercial auto, cyber liability, surety bonds, and workers’ comp, although prices vary by industry.
Are you a business owner in Glens Falls looking for General Liability Insurance? It only takes one claim to financially cripple your business, so it’s important that you have adequate coverage from a highly rated carrier. First and foremost, the state of New York requires home inspectors to carry a minimum of $150k of General Liability insurance to procure or maintain an active license.
Some insurance companies may not offer all of the coverages listed, or may offer a variation. Always deal with a licensed insurance representative and read your policy carefully. These companies are often non-admitted carriers , so special caution and procedures are required. Your agent or broker can assist you, and the NYSDFS requires him/her to carefully advise you of possible pitfalls. Property insurance protects the contents of your business against fire, theft and other perils.