Accidents happen, and when they do you need Unland Companies in your corner.
There are certain types of coverage options for business owners that are a given and there are insurance options available that you may not need. Our experienced professionals will help you pick and choose which coverage options are right for you.
What types of general coverage do you provide for businesses?
A commercial general liability policy provides vital, comprehensive protection. This policy encompasses all of your business locations and covers bodily injury, medical payments, defense costs and personal & advertising injury such as claims of slander and libel that are not part of your professional services.
Commercial property policy provides coverage for real and personal property that is used in a business such as your building, outdoor sign, furniture and equipment, inventory, any fences or landscaping, as well as other people’s property.
Crime insurance protects your business from many types of crime. Someone breaks into your business over the weekend…. covered. Papers were forged or altered and you’re now facing huge fees… covered. Basically, most crimes that cause your business a loss – employee dishonesty, forgery, theft, burglary, robbery, kidnap, extortion, fraud – are all covered in this policy.
Equipment Breakdown Insurance
Equipment breakdown insurance protects you against loss from disruption of boilers and machinery which includes: 1) loss to the boiler and machinery itself, 2) damage to other property, 3) business interruption losses, 4) or all three combined. This is also known as machinery breakdown insurance.
Business Income Insurance
You’ve had a property loss and are no longer able to do business at your main location. This insurance is a time element coverage that pays for loss of earnings or income when business operations are interrupted, curtailed or suspended due to an insured cause of property loss.
Also covered with this policy is loss of rents and rental value. Additionally, extra expenses incurred to continue operations at another location are included, as long as they reduce the total amount of loss.