Business & Commercial Insurance

Commercial business insurance is simply insurance coverage that’s designed to cover a business, including its employees and ownership. Because every business is different, there are many kinds of commercial insurance. Insurance Agencies, Inc. is here to help businesses in Northfield, NJ, and surrounding areas get the commercial insurance options they need. Give us a call today to get started.  

What Types of Commercial Insurance Are There? 

Every business’s insurance needs vary and could be influenced by company size, location, number of employees and industry. There are a few common policies that businesses may carry, including: 

• General liability insurance—A policy can provide coverage for claims of bodily injury or other physical injuries, personal injury (libel or slander), advertising injury and property damage. It can be offered as a package policy with other coverages such as property, crime, automobile and more. 
• Business property insurance—Also called commercial property insurance, this coverage helps pay for damages to your company’s equipment and property after a covered accident or incident.
• Workers’ compensation insurance—This coverage can help employees who become injured or ill due to a work-related incident receive replacement income, medical benefits and other financial assistance if they cannot work. Most states require that employers carry workers’ compensation insurance.
• Commercial auto insurance—If your company has vehicles, you will likely need to secure a commercial auto insurance policy to properly insure any fleet members or employees who are drivers for your organization. 
• Professional liability insurance—This type of policy provides coverage if anyone makes a claim of negligence, misrepresentation or inaccurate advice against your business.  

Keep in mind that additional coverage options are available for unique business needs. Depending on your business and industry, you may need to purchase other insurance policies for proper coverage.  

How To Get Commercial Coverage 

The cost of a commercial policy will vary and depends on numerous factors, including coverage limits desired, business size, industry, location and deductible amounts. To determine your premium costs, contact an Insurance Agencies Inc agent to get started with a quote today.  

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