Commercial Auto Insurance
Commercial auto insurance is a form of business insurance that covers medical payments for both your employees and anyone one of your vehicles may have injured. It also provides coverage for a legal defense and property damage, among other items. LEARN MORE.
Restaurant Insurance is crucial coverage for anyone is the food preparation and service industry. Restaurant insurance offers financial protection in the event of unfortunate events ranging from a fire to food poisoning, on-site injury, property damage etc. LEARN MORE.
Directors & Officers Liability
Usually called D&O insurance, this business insurance protects the directors and officers of a company in the event of a legal action brought against them for wrongful acts in their professional capacity. It may also cover defense in a lawsuit.
Workers Compensation Insurance
Workers compensation insurance provides for employee injuries. When employees are injured and can’t work, workers’ comp replaces wages and reimburses medical costs, but only if the employee agrees not to sue the company for getting injured at work. LEARN MORE.
This type of business insurance is often called PLI or PII insurance. It is used to protect companies against lawsuits about professional advice or services provided by the company or its agents. Usually such lawsuits occur as result of error or omission in the product or service.
Errors & Omissions
This is a type of professional liability insurance that specifically covers companies when clients claim that work is below expectations (i.e., malpractice) or when employees perform with negligence. This does not always cover services performed before the policy started or work performed by temps, so look at your policy carefully.
This coverage usually protects all property (buildings and content) that your business owns from damage and theft. This includes office furniture, equipment, building repairs, and so on. It is similar to homeowners insurance, but for a business owner.
Umbrella / Excess
This type of liability insurance offers “extra” insurance on top of your normal business insurance policies. Umbrella policies increase the limit of coverage and offer extended coverage beyond what the original policy does. Excess policies only increase limits of coverage. These policies are particularly useful for high-networth companies and individuals.
Health insurance is now required for businesses who have more than 50 employees. Brashears Insurance can help your company shop for affordable employee health coverage.
This is perhaps the most basic type of business insurance a company needs. It typically covers all of a company’s assets as well as obligations like medical costs when someone gets hurt on premises. It can also cover legal defense costs and judgments in the event your business is sued.
Employment Practices Liability
Also called EPL or EPLI, this business insurance policy covers expenses when an employee sues for discrimination, harassment, wrongful termination, failure to promote, or other employee-related problems.
This type of policy covers your business in the event of a data breach. Usually information like social security numbers and credit card numbers, among other personal information, is stolen. Cyber liability also protects a company against law suits related to stolen information.