Commercial Insurance Coverage
Below lays a plethora of different Commercial Insurance types. Harmony Insurance Advisors can help you get set up with any one of these types of coverages. Please browse the sections below and select each one to learn more.
Commonly referred to as BOP as well, the Business Owners Policy consists of two parts -Property and general Liability.
A commercial property policy is designed to encompass the many different exposures of a business. It consists of not only basic coverages but also offers the option of adding additional coverages via endorsements. Endorsements allow you to add or delete coverages/exposures to an insurance policy.
Commercial Property Coverage
- Building and structures, completed additions, permanently installed equipment, business personal property, fixtures, tenant improvements and betterments, and exterior building glass.
Additional Commercial Property Coverages
- Building Ordinance/Law
- Equipment Breakdown Coverage
- Off Premises Coverage
- Employees Personal Property Coverage
- Newly Acquired or Constructed Building Coverage
- Building Occupied By The Insured Coverage
Commercial Umbrella Policy
Umbrella liability policies provide additional liability limits above the primary insurance policies (these are considered underlying coverage). The common primary policies that an excess or umbrella policy sit over are; commercial auto, general liability and employers’ liability. Additional coverages may be considered for underlying coverage, subject to the carriers’ guidelines.
Business Auto Insurance
Commercial/Business automobile coverage provides business owners coverage for liability and physical damage arising from automobiles they own, rent or borrow. A Business Auto Policy (BAP) has the flexibility to provide coverage for business, personal, non-owned, or hired autos based on the coverage purchased and applied to each scheduled auto.
Business Life
Resulting from losses covered by a Commercial Property policy, to either building(s) or business contents, can result in a reduction or complete loss of business revenues. The resulting losses can either substantially harm the business in its operations or even put a business out of business. Business Income coverage applies to losses suffered during the time required to repair or replace the damaged property. It may also be extended to apply to loss suffered after completion of repairs for a specified period.
Workers Compensation
Resulting from losses covered by a Commercial Property policy, to either building(s) or business contents, can result in a reduction or complete loss of business revenues. The resulting losses can either substantially harm the business in its operations or even put a business out of business. Business Income coverage applies to losses suffered during the time required to repair or replace the damaged property. It may also be extended to apply to loss suffered after completion of repairs for a specified period.
Commercial General Liability Insurance
Covers the sum of money the insured is legally obligated to pay to others because of bodily injury or property damage caused by an occurrence.
- Bodily Injury
- Property damage
- Personal injury or advertising injury
- personal injury or advertising injury
- Medical payments
- Damages to premises rented to you (fire legal liability)
- Products and completed operations
- Products/Completed Operations aggregate
- Personal and advertising Injury
Other Available Insurance Coverages
- Personal and advertising injury:
- Damage to Premises Rented to you:
- Medical Expenses:
- Liability Coverage Enhancements:
- Per Project Aggregate:
- Hired and non-owned:
- Additional insured clauses:
- Ongoing operations and completed operations:
- Loss of Business Income
- business interruption
- extra expense
- loss of rents.
Ask About
- Builders Risk Insurance
- Contractors Insurance
- Surety Bonds
- Errors & Omissions
- Group health Insurance
Here are some of the companies we represent
Click on any of the logos below to be taken to a payment page for that company.
