Businesses and commercial properties are often subject to damages related to crime. These damages could be a result of safe burglary, employee theft, break ins into the property, funds transfer fraud. A Crime Insurance policy protects your business from a variety of crimes committed to your Business or Commercial Property. As a business grows, the company becomes more vulnerable to loss from forgery or alteration, loss of money and/or securities. Crime Insurance helps you keep protected from damages that occur due to any of the aforementioned reasons.
Kidnap & Ransom Insurance is designed to help protect your organization from the financial impact of sudden and unexpected expenses related to kidnapping, extortion, and ransom or illegal detention. Kidnap & Ransom Insurance policies provide coverage typically for monies paid to kidnappers or extortionists, loss of ransom in transit and other expenses incurred as a result of a kidnapping. These threats are very real and can happen to any business. Even when no ransom money is paid, these stressful situations can create unexpected costs and have a significant impact on your business's bottom line.
A Surety Bond is a three-party guarantee. What exactly is being guaranteed will vary by bond type. Some bonds guarantee compliance with a government license, whereas others can guarantee performance of a construction contract. When you apply for a bond, our experts get quotes from multiple underwriters to find the best premium rate. You get the bond your business needs without overpaying—and you get it fast.
As technology has improved, cyberattacks have become more of a risk for small and large businesses. Cyber Liability insurance is an essential insurance product for all businesses to obtain. Data breaches, cyberattacks, and ransomware are all actions that will impact a business’s livelihood.
Our Commercial Umbrella Insurance is flexible. It can extend the liability coverage of policies you may have with other insurance companies. So, if you have a General Liability Insurance policy from another insurer, we can help extend that policy. Let’s say one of your employees gets into a car accident while making a delivery to a customer. The property damage and bodily injury costs exceed your Business’ Commercial auto liability limits. If you don’t have a Commercial Umbrella policy, you’d have to pay the amount that exceeds your policy limit, putting your business at financial risk. That’s why it’s important to have Umbrella Coverage.
