Posted by
David Ross on Sat, Feb 11, 2012 @ 10:00 PM
Understanding Commercial Insurance Can be One Tough Job!
Being a small business owner today is a tough job! Between rules and regulations, licenses and taxes, and banking and commercial insurance, it sometimes seems you need your own board of directors just to help manage your business!
At American Insurin
g Group, Small Business Insurance is our specialty. We can help you, the business owner, understand not only what commerical insurance protection your company needs, but also what business insurance is required of you to satisfy legal requirements.
Our office represents over a dozen "A" rated general insurance companies that specialize in small business insurance and we have access to dozens more specialty commercial insurance companies that fill specific small business insurance needs for our clients.
The commercial insurance needs for a business owner can be daunting. First, there is Public Liability Insurance that is a must to protect the business from lawsuits and claims for injuries or property damage to others. But Public Liability Insurance isn't that simple. What type of liability insurance protection do I need? Is Premises Liability Insurance enough? What if I leave my business location and go to someone else's home or business location? Does my Liability Insurance cover me there as well? What about when I finish a job and leave? Do I have Completed Operations coverage if sometime later, after the job is finished, someone is hurt by my work or property damage is caused?
Are you a business owner who makes something, sells something, or just handles products someone else makes? Do you have Product Liability Insurance coverage included in your General Liability Insurance coverage? What if you harm someone's reputation or cause someone to lose sales, and they look to you for compensation? Personal or Advertising Injury Liability coverage protects the business owner from these claims.
What if an employee claims that you fired them under false pretense? Or they make an allegation of harassment against you? Employment Practices Liability Insurance is the protection that any business owner who employs someone must have to be protected.
There are many extentions of Public Liability Insurance the business owner should understand and use to be protected from the unexpected. At American Insuring Group LTD., our licensed agents have the understanding and experience in Commercial Insurance to help you determine your insurance risks and to identify the insurance solutions to properly cover your businss.
Then, there is Workers Compensation Insurance for the small business that employs people. Most states require the business owner to cover employees for work related injuries. What if you are a corporation without any employees? States consider a corporation to be its own entity, and even you, the owner (officer), are considered an employee. Therefore you must either have Workers Compensation Insurance coverage or have the proper exclusion paperwork filed with the Department of Labor and Industry. At American Insuring Group, our licensed staff can help you with all the forms necesasary to be legal.
Not only does Worker Compensation Insurance cover medical bills and lost wages for employees who get hurt during working hours, but there is a second business insurance coverage that is included with most policies. Employer's Liability Insurance covers the business owner if an employee presents a claim against his employer for alleged negligence for his injuries. An example of this is an employee who cuts off his finger on a machine. Workers Compensation Insurance would pay medical bills and lost wages, but if he claims the business did not properly maintain the equipment and now he must live life without a finger, the business owner would have protection from such a lawsuit under Employer's Liability Insurance.
Liability Insurance and Worker's Compensation Insurance covers only some of the insurance needs for the business owner. Other types of coverage include: Property Insurance protection, Van Insurance for your business vehicles, Umbrella Insurance for excess insurance protection, Bonding for the contractor's needs and Group Medical Benefits for your employees.
At American Insuring Group LTD, we take the time to understand your business so we can make sure every exposure to risk is discussed and covered by our small business insurance policies. Call us today at 800-947-1270 or email me at david@aigltd.com. I would love to meet or talk to you and help you understand your business insurance needs. If you already are covered by insurance, a second opinion may often uncover coverage gaps or missing insurance coverage that is needed.
Posted by
David Ross on Sat, Feb 04, 2012 @ 08:00 AM
Calling an Independent Agent to get Auto Insurance quotes is one of the smartest ways to compare car insurance. Independent Agents work for You not the Insurance company, so they are able to compare car insurance from multiple companies with one call.
At American Insuring Group, we represent over a dozen "A" rated auto insurance companies, so we can do the shopping for you for cheap, yet high-quality car insurance. Let one of our insurance professionals compare car insurance for you with one call today!
Having both your car insurance quote and your homeowners insurance quoted with the same car insurance companies is one of the best ways to save on both. This credit is called an account credit.
Another way to save on car insurance quotes is for all vehicle insurance in the household to be with the same company. This will give all drivers in the house a multi-car discount of 20%.
Some of our car insurance companies offer first accident forgiveness which guarantees no accident surcharges if you are responsible for an accident.
Airbags, theft alarms and anti-lock brakes all give discounts with the car insurance companies we represent.
Agreeing to go paperless and having a AAA membership will give your vehicle insurance extra discounts.
Mature drivers have a wide variety of mature discounts available from our companies. Discounts for over age 50, discounts for pleasure usage and driver improvement courses are all discounts mature drivers are eligible for to get the cheapest car insurance quotes available.
Young drivers also are eligible for a variety of discounts for car insurance for young drivers. Driver Training credit is available to young drivers who have completed 30 hours of classroom and 6 hours behind the wheel instructions. This driver training credit gives 10% credit for three years for car insurance for young drivers. Student Away at School discount is available to college age drivers who live over 100 miles from home and have no car with them. This credit changes the young driver rate to a married rate which is a substantial savings.
At American Insuring Group, we offer car insurance quotes from insurance companies that offer loss free discounts and longevity discounts. These discounts start after 1 year with the company and increase to 5% yearly discounts.
For the business owner, adding your van insurance to your personal car insurance quote will give your business vehicle a multi-car discount and a personal use discount. These are just some of the many ways that calling American Insuring Group for a car insurance comparison will help you save money on car insurance rates today!
Posted by
David Ross on Thu, Jan 19, 2012 @ 02:34 PM
Insurance Savings & News You Can Use is being launched to help educate our customers and potential clients with insurance information you can use, including advice on how to save on car insurance, homeowner's insurance, life and health insurance, and business / commercial insurance.
Our agency, which is located near Reading, PA, will go in-depth to analyze insurance topics and make the confusing understandable. We'll do our best to make insurance coverage and terminology clear and concise, so you can make informed decisions on the coverage you need and get the savings you deserve. We hope to educate, inform, and engage you with our new blog, and we are eager to hear your questions and feedback.
We are happy to be at your service. Please join the conversation!