Insurance Savings and News You Can Use
Join the Conversation!

Concealed Weapons and General Liability Insurance

Posted by David Ross on Fri, Oct 14, 2016

Don't shoot yourself in the foot - consider your concealed weapons policy!

Tips for forming a concealed weapons policy and commercial liability insurance. Serving Reading, Philadelphia, Allentown, Lehigh Valley, Harrisburg, York, Lancaster, Pittsburgh, Erie, PA and beyond with quality general liability insurance for businesses for over 25 years. Contact us today.As a small business owner who allows customers and visitors on your property, you assume the responsibility of providing a reasonably safe environment for them. This responsibility includes warning them about any concealed dangerous conditions. In states with “concealed carry” laws, you might need to post warnings that your sales clerks are armed.

But what if one of your employees, legally carrying a concealed weapon, negligently (or deliberately) shoots a customer who is on the premises conducting business, and the client subsequently sues you for the injuries? Will your Commercial General Liability Insurance (CGL) policy cover this incident?

Obviously, you would have to be found legally responsible for the injuries for the CGL to pay. And, while your liability might be debatable, you will be brought into any lawsuit by the injured customer. At that point, your insurer will be compelled to defend you unless there is some clear-cut exclusion in the general liability policy that would apply to the shooting occurrence. And that’s not likely.

 

What's the right policy for minimizing risk and protecting employees and customers?

Even though it’s probable that your business liability insurance policy will cover you against such claims, it could be a smart move to minimize this type of risk by being pro-active. For instance, requesting an exemption from the scope of the concealed-weapon law will give you the authority to ban weapons in the workplace. Make it your company’s policy for all present and future employees that guns are not allowed on the premises. That would eliminate the possibility of a lawsuit…wouldn’t it?

What if your employee is attacked?

Think about your employee being attacked and beaten at work after you have forbidden him from carrying a weapon. Looking at this from his perspective, couldn’t that employee file suit claiming that he was unable to defend himself because of your weapons ban? The injured worker could assert that he sustained a bodily injury and that you, as his employer, are legally responsible for those injuries.

The workers’ compensation exclusion and the employers’ liability exclusion in the general liability policy would need to be considered, but if the injury to the employee is not work-related - in other words, not arising out of and in the course of employment - the exclusions won’t apply. In that case, your general liability policy would respond with a defense since there is no exclusion in the policy to prevent such a response. But, of course, the duty to pay the claim would depend on your liability being established in a court of law.

Suppose you don’t ban weapons and one employee shoots another?

If one of your staff carries a concealed weapon to work and shoots a fellow employee, and it results in a claim against you, will an insurance policy provide coverage? Once again, the first thing to consider is workers compensation. CGL does not apply to any of your obligations under a workers’ comp law, or to bodily injury to one of your employees arising “out of and in the course of employment.”

If the shooting injury did not arise out of the employment, the general liability policy would respond to a claim against you, but if the injury arose out of the employment, you could look to workers’ compensation for coverage. But what exactly is "out of and in the course of employment"? State workers’ comp laws have yet to define this. It may have to fall to the courts to make this determination.

Properly screen employees during the hiring process

The list of potential problems that concealed weapon laws pose for you as an employer is quite long. Good risk management calls for preemptive actions. Banning weapons from your premises is a good start. And instituting hiring practices (pre-employment screenings, etc.) that yield levelheaded employees who won’t resort to violence to settle disputes is also necessary. All business owners can learn to live with concealed weapons laws, but none can afford to ignore them.

Contact Us for Your Commerical Liability Insurance Needs

Contact us about commecial liability insurance and your concealed carry policy.To learn more about Commercial General Liability Insurance, contact American Insuring Group online or call us at (800) 947-1270 or (610) 775-3848. As an independent insurance agency, we'll compare pricing and coverage among many competing carriers to get you the right commercial insurance at the right price. Contact us today!

 

Tags: Commercial Liability Insurance, Business Insurance, Commercial Insurance, Business Insurance Berks, Business Insurance Reading PA, Business Insurance Allentown PA, Business Insurance Philadelphia Pa, Pennsylvania Business Insurance

Business Insurance in the Event of a Death or Disability

Posted by David Ross on Thu, Sep 17, 2015

Do you know your business insurance needs in the event of death or disability? We're a PA business insurance agency who can help. Serving Reading, Philadelphia, Lancaster, Harrisburg, York, Allentown, Lehigh Valley, Pittsburgh, Erie, PA and beyond.When you start a business, you’re full of hope and dreams. The last thing you want to think about is what would happen to your business if you, a co-owner, or a key person within the business were to become disabled or – God forbid – die.

But, as a business owner it is your responsibility to think about these things and plan how you will protect your business, your employees, and your family in the event of one of these tragedies. In order to do that, you need to ask yourself these two questions and then get the proper business insurance to meet your needs:

What will happen to my business and family if I die or become disabled?
What will happen if certain key employees die or become permanently disabled? 

Here are 4 Types of Business Insurance to Consider:

Disability Buy-Out Insurance

You may think that if something were to happen to you that your family could jump in and run the business or hire someone to handle the day-to-day management of your business. Unfortunately, that rarely happens. Usually, they don’t have the skills or the where-with-all to make that happen. So, it’s important to create a buy-sell agreement - a contract that would allow remaining owner or owners to buy a deceased, disabled, or retired owner’s share of the business (at a pre-determined agreed upon price). A properly structured and funded buy-sell agreement will ensure that your business partners know exactly what needs to be done and that your family is fairly and promptly compensated.

There are several ways to fund this type of agreement in the event of such a tragedy. You (or your remaining partners) can use cash (assuming you have access to enough cash), pay in installments from current earnings (which could become a financial burden to the business for years to come), take out a loan (assuming you could obtain a business loan after an owner’s death or disability), or use disability buy-out insurance (the only way to guarantee that the cash will be available when needed).

Business Overhead Insurance

If an owner were to become disabled, this insurance would reimburse the business for overhead expenses – such as salaries, taxes, employee benefits, rent, mortgage, utilities, etc. – for one or two years. This often means the difference between a business surviving or closing until the owner can get back on his or her feet.

Individual Life Insurance

What if you or one of the owners were to die? What would happen to your business? You might assume that your family or remaining owners could sell or liquidate the business to ensure their financial security. Unfortunately, this doesn’t usually work. First, who wants to think about selling a business while grieving for the loss of a loved one? Second, when the family is forced to sell the business quickly, they may have to sell at a discount or during market conditions that make the business less attractive. In other cases, the business may be worth very little without the proprietor or partner. Individual life insurance can protect your family by providing funds to cover debts, ongoing living expenses and future plans, in the event that something happens to you. Life insurance can also be structured to fund a buy-sell agreement.

Key Person Insurance

This is another essential component of a smart business continuation plan. Key person insurance is life or disability insurance purchased by the business on an employee/owner that is essential to the running of the business. It is payable to the business. When a key person dies or becomes disabled, insurance can help make up for lost sales or earnings or cover the cost of finding or training a replacement.

Need Help Finding the Right Business Insurance?

Contact us for help in finding the best PA commercial insurance for your business in Philadelphia, Reading, York, Lancaster, Lebanon, Harrisburg, Allentown, Lehigh Valley, Pittsburgh, Erie, PA and beyond.Don’t take chances. It’s your responsibility for protecting your family, employees, and your business. Make sure that you plan for the unexpected with the right business insurance and individual life insurance.

Contact us at (800) 947-1270 or (610) 775-3848; we can help you determine the right insurance to protect your assets. As independent insurance agents, we'll shop among competing insurance providers to find you the right insurance at the best price. Call or click today.

Tags: Business Insurance Reading PA, Business Insurance Berks, Business Insurance Philadelphia Pa, Business Insurance Lancaster Pa, Business Insurance Harrisburg Pa, Key Person Insurance, Commercial Insurance, Business Insurance Allentown PA, Business Insurance, Pennsylvania Business Insurance, Life Insurance, Business Overhead Insurance, Disability Buy-Out Insurance

3 Types of Restaurant Insurance Coverage

Posted by David Ross on Tue, Aug 25, 2015

The best restaurant insurance for PA businesses in Philadelphia, Reading, Allentown, Pittsburgh, Harrisburg, Lancaster, PA and beyond.All businesses are at risk for some type of damage, liability or loss, and need to ensure that they have the right commercial insurance to protect themselves, their business, and their employees from those risks. 

Food service businesses – whether it’s a café, diner, or gourmet restaurant - are no different and actually present some unique risks that need to be addressed.

Often the most cost-effective way to protect a restaurant is with a Business Owners Policy (BOP) that is tailored specifically to the needs of the restaurant business. That's what we mean by  restaurant insurance.

Here are the Three Main Categories of Business Insurance for Your Restaurant

Restaurant Insurance Category #1: Property Insurance

Property insurance protects… well… property. That could include the actual building that your restaurant is located in if you own the property and all of the property within the building (whether you rent or own), such as equipment, dishes, food, and furniture. In the event of a fire, flood or other damaging event, property insurance allows you to replace those items so that you can resume business.

Many BOPs also include Business Interruption Insurance and Business Income Insurance. Interruption insurance helps you recover as quickly as possible by paying extra expenses caused by the interruption in your business —such as rent for temporary quarters.    Business Income Insurance helps pay for ongoing expenses – such as rent - incurred while your business is closed. 

As a food service business, you carry the added risk that your food could cause food poisoning or transmit a communicable disease, which makes a Food Contamination Endorsement Insurance a good idea for many restaurant owners. Typically, this endorsement helps pay for lost income if the business is shut down by a government authority, clean up expenses, food replacement, and additional advertising expenses required to restore your restaurant’s reputation.

Other property insurance coverages you may want to consider as a food service business owner include…

  • Spoilage
  • Mechanical Breakdown
  • Outdoor Signs
  • Burglary and Robbery
  • Employee Dishonesty

Restaurant Insurance Category #2: Business Liability Insurance  

Commercial liability insurance helps protect your business against lawsuits – from someone breaking their leg walking up your steps to claims of libel or slander. We live in a very litigious society, and you never know what your restaurant could be liable for. Remember the woman who sued and won the lawsuit against McDonalds because she spilled hot coffee on herself? Even if you win the lawsuit, the cost of defending yourself can seriously affect your bottom line. Liability insurance helps protect you and your business.

If your restaurant has a liquor license, you should also include a Liquor Liability Endorsement to help cover the cost of your defense in the event of a lawsuit and any damages awarded if you are found liable.

Restaurant Insurance Category #3: Workers Compensation Insurance

Worker’s Compensation Insurance is a type of small business insurance that is mandatory in most states and covers employees for work-related injuries. A typical "workers comp" insurance policy pays an employee lost wages and medical expenses incurred due to a work-related accident, while also protecting the employer against accident-related lawsuits. 

Need Better Restaurant Insurance?
We Can Help! 

Contact us for help in finding the best restaurant insurance in Pennsylvania and beyond.Whether you own a sandwich shop or an elegant restaurant, the independent insurance agents at American Insuring Group can help find the right insurance at the right price for your food service business. Because we're independent, we're free to shop around for the best deal among many competing providers of restaurant insurance based on your particular needs.

So give us a call at (800) 947-1270 or (610) 775-3848, or click here to Contact Us today.

Tags: Workers Compensation Insurance, Restaurant Insurance, Business Insurance Reading PA, workers comp, workers comp insurance, Commercial Liability Insurance, Commercial Insurance, Business Insurance, Pennsylvania Business Insurance, Commercial Insurance Philadelphia PA, commercial property insurance

Business Insurance Tip: Reduce Vulnerability to Theft

Posted by David Ross on Thu, Aug 20, 2015

Business insurance tips for protecting against theft. Serving the business insurance needs of Philadelphia, Reading, Lancaster, York, Harrisburg, Allentown, Lehigh Valley, Pittsburgh, Erie, Lebanon, Berks County, PA and beyond.While business insurance is your safety net for financial loss from theft, it's better to minimize the chance of your business becoming a victim of theft in the first place.

Unfortunately, most businesses become victims of theft at some point.  In fact, the most serious thefts can drive them out of existence.

Business owners and their managers need to first acknowledge that it can happen and then take the necessary steps to prevent it…or at least to minimize the loss.

Insuring Against Four Types of Theft

There are four types of theft: burglary, robbery, theft by employees, and identity theft. Each of these has its own set of challenges and preventive measures. Check with your independent insurance agent to be sure your commercial insurance coverage adequately protects you against each of these categories of business theft.

#1. Insuring Against Burglary:
Unlawful Entry with Intent to Steal

Burglars enter your business when no one is there. They mainly target your cash, merchandise and equipment, but they may also commit a host of other felonies.

Thieves like to work in the dark, so visibility is your first line of defense here. Bright interior lights deter illegal entry, especially if your building can be seen from the street. Exterior lights, protected with metal cages, may discourage them from approaching at all. This is a good start, but there are other equally important steps you can take to prevent a break-in:

  • An alarm system with motion detectors
  • Steel doors with dead bolt locks
  • A see-through fence (i.e., chain link)
  • Windows with safety glass and locks
  • Padlocks on overhead doors

#2. Insuring Against Robbery:
Taking Cash or Valuables from a Person

If your business deals in cash or smaller valuables, you are susceptible to being robbed. This could happen either by force or the threat of force. To keep it from happening at all, there are things you can look for and actions you should take:

  • Keep cash to a minimum
  • Post signs indicating the maximum amount of cash on the premises
  • Be alert – look for signs of danger
  • Recognize potential hiding places near your business
  • Provide bright lights and good visibility to deter robbers

Being robbed will be traumatic. Your managers and employees need to be trained to react properly if all preventive measures fail. Here are some guidelines to remember during and immediately after a robbery:

  • Cooperate with the robber
  • Obey orders quickly
  • Don’t argue or fight
  • Don’t use a weapon
  • Don’t chase or follow the robber
  • Call the police

#3. Insuring Against Employee Theft:
An Insidious Crime

Business owners don’t want to believe that a trusted employee is stealing from them. As a result, most of this theft goes undetected. It is estimated that businesses may be losing as much as forty billion dollars each year to this crime. It is crucial that you work with your accountants regularly to spot the following signs:

  • Changes in sales and inventory without a corresponding increase in profits or cash flow
  • Shipping records that are not consistent with inventory
  • Unauthorized changes in paperwork or established procedures

As a business owner, you need to be aware that loyal employees may steal, as do well-paid executives and workers who have been with you for many years. Encourage all employees to report their suspicions and concerns. Tell them what to report and how to do it. Work diligently with your accounting staff to catch inconsistencies early.

#4. Insuring Against Identity Theft:
Not Just a Consumer Problem

Business identity theft is growing, and the consequences are enormous. It affects your entire business, including employees, customers, and suppliers. Identity thieves can tap into your credit lines, change your contact information, then order supplies or obtain credit cards. They can also go after your customers. Defend against them by doing the following:

  • Securely lock up any paper data and shred it when it’s outdated
  • Make sure networks are password protected and have a firewall
  • Install security software on any mobile devices that contain confidential company data

Protect Your Business From Theft - Get the Right Commercial Insurance

Contact us to obtain business insurance to protect against all types of theft: burglary, identity theft, employee theft, and more.If, in spite of all these measures, your business is still a victim of theft, the right business insurance can help.

Don't wait until your business takes a hit. Be proactive: Call American Insuring Group at (800) 947-1270 or (610) 775-3848, or click here to contact us.

Tags: Business Insurance Reading PA, Business Insurance Berks, Small Business Insurance, Commercial Insurance, Business Insurance Allentown PA, Business Insurance, Pennsylvania Business Insurance, Commercial Insurance Philadelphia PA

Commercial Property Insurance & Storm Preparedness Tips

Posted by David Ross on Thu, Nov 07, 2013

Having the right commercial property insurance is one important step to protecting your business, but creating an emergency response plan and other actions are key as well. Learn tips to protect your business.It's obvious that having the right commercial property insurance is key to protecting your business against unforeseen risks. But have you taken practical steps to reduce the potential impact of storms, floods, earthquakes, or other natural disasters beyond obtaining insurance?

By combining the right property insurance with responsible disaster planning you greatly increase your odds of weathering a disaster with minimal loss to your business.

While reducing your business exposure to major disruptions from natural disasters takes careful planning, it is not necessarily expensive. Having solid plans can make the difference between days vs. weeks of serious business disruption and loss of income.

Here are some tips to help your business recover more quickly from a natural disaster:

Perform a Risk/Impact Analysis & Create a To-Do List

Begin by creating a list of natural disasters that could impact your business. Rank them from high to low in terms of likelihood, and then separately by the amount of impact (harm) they could have on your business. Next, identify what can be done to address the more likely ones first. Of the more likely ones, address them in order of the potential harm they could cause your business.

Example:
If your business is in a flood plain or low lying area then your exposure to flood or water damage will be greater than if you are located on high ground. If a flood were to occur, how much damage could be caused? How long would it take to recover? Do you have expensive electronic equipment on the first floor or basement? Could it be moved to the second floor? Could you alter the landscape in such a way as to divert water away from your building so as to avert damage?

Example:
Are you in an area susceptible to damaging high winds, hurricanes, or tornadoes? Could a heavy snowfall of a foot or more cause damage or leaks to your roof that could ruin equipment or force portions of your office or factory to become unusable for a period of time? 

Create a Disaster Emergency Plan

Your emergency plan may not have to be elaborate. Even a simple, well-thought-out plan can be of tremendous benefit when needed. Be sure that your employees know their part in the plan, and have easy access to the documentation (I.e., to the portion of the documentation that applies to them or to their department). Among other details, your plan should include:

  • An evacuation plan and designated meeting location.
     
  • A list of cell and home phone numbers of managers and key employees.
     
  • A description of who is responsible for taking various actions, including identifying the point person(s) responsible for contacting the media, emergency personnel, key customers and suppliers, department heads, and employees.
     
  • A data recovery plan (consider backing up all data on the cloud daily so it can be accessed remotely even if your internal computer system is destroyed). Identify and rank the key types of data in terms of importance to your business continuity.
     
  • A description of how the business will perform certain key functions off site, including things that could be outsourced. Break it down by department (customer service, accounts payable, accounts receivable, production planning, manufacturing, distribution, I.T., etc.).

After you have completed the basic plan above, or at least an outline, consider contacting a disaster recovery specialist who can identify weaknesses in your plan, and suggest appropriate remedies.

Perform a Commercial Property Insurance Review

Your independent insurance agent can perform an insurance vulnerability analysis for all types of insurance coverage across your business that may be needed in the event of a natural disaster. This includes basic property insurance, business interruption insurance, spoilage insurance, inventory insurance, and other forms of expanded insurance coverage. Your level of coverage should not only be adequate for your current level of business, but also for the projected level of business to cover you properly until the date of the next scheduled insurance review (annual or otherwise).

Contact Us - We're Commercial Insurance Experts You Can Trust

When it comes to commercial property insurance and other types of business insurance, you can't do better than the independent agents at American Insuring Group. As independent agents, we work for you, not an insurance company. We'll identify the right combination of business insurance policies from many insurance carriers, and put together a plan that fits your needs and budget. See why more business owners in Philadelphia, Reading, Lancaster, York, Harrisburg, Allentown, Pittsburgh, Erie and beyond rely on us for all their commercial insurance needs.

Contact us today: (800) 977-1270 or (610) 775-3848

Contact us for all your commercial insurance needs: commercial property insurance, business liability insurance, commercial vehicle insurance, workers compensation insurance, umbrella liability insurance, and restaurant insurance. Serving Reading, Philadelphia, Lancaster, Harrisburg, Allentown, York, Lebanon, Pittsburgh, Erie, Pennsylvania and beyond.

Tags: Small Business Insurance, Commercial Insurance Allentown PA, Commercial Insurance Lancaster PA, Commercial Insurance Harrisburg PA, Commercial Insurance, Commercial Insurance Reading PA, Business Insurance, Pennsylvania Business Insurance, Commercial Insurance Philadelphia PA, Commercial Insurance York PA, commercial property insurance, Commercial Insurance Berks County

Restaurant Insurance & Hurricane Sandy: Lessons Learned the Hard Way

Posted by David Ross on Fri, Aug 09, 2013

Among the Most Destructive Storms In US History

Restaurant insurance protection lessons from Hurricane Sandy: we provide smart restaurant insurance protection for businesses in Reading, PA, Philadelphia, Lancaster, Harrisburg, York, Allentown, Bethlehem, Pittsburgh, Erie, and beyond.Hurricane Sandy was one of the most destructive and deadliest hurricanes in United States history. Twenty-four American states and seven other countries were affected. Coastal towns once pulsing with beachcombers by day and clubbers by night were submerged within hours. Businesses were out of operation for much longer than ever anticipated and the damages sustained were astronomical.

Catastrophes of this magnitude are rarely expected, even in the world of insurance. Sewers backed up. Equipment broke. Food spoiled. Power was lost. In the aftermath of Hurricane Sandy we discovered insurance protection that proved critical for restaurant owners, including: sewer backup, equipment breakdown, food contamination, and loss of sales/ loss of income due to extended power outages.

Insuring Against Sewer Backup

We all know the quote from Jumanji: “A little rain never hurt anybody…but a lot can kill.” Well, a lot of rain can kill your sewer system. When more rain pours down than your sewer and pump can handle, raw sewage backs up and escapes in some less-desirable places, such as the bathroom faucet - need we say more? Unfortunately, most people do not realize that sewer backup is generally not covered under their personal or business insurance policies. This additional coverage is not only recommended, but can be invaluable to your business.

Equipment Breakdown

Equipment breakdown coverage is usually considered “optional” on an insurance policy. If just one of the primary machines in your restaurant breaks down, such as the air conditioner or water heater, you are probably not covered for fixing the equipment or for the loss of income sustained due to the failure. Be sure you are covered if 100 degree temperatures inside your restaurant due to an air conditioner failure turn away potential customers. 

Food Contamination

No matter how diligent you and your employees are, food contamination and food spoilage can strike anyone in the restaurant industry. If a machine breaks or your power goes out temporarily and food spoils, you will be held personally liable for the expenses incurred unless you are insured for this type of event.

Insuring Against Loss of Sales/ Loss of Income from a Power Outage

Hurricane Sandy not only flooded businesses, but also caused large-scale power outages. Is your restaurant covered for business income losses due to loss of power? There is a good chance the answer is no. Unless you have a best friend who sells generators and you specialize in candle-light dinners, power loss is never good. When power loss equates with income loss, you want to be sure you are covered.

Learn from Hurricane Sandy:
Get the Right Restaurant Insurance Protection

We all hope and pray that a disaster of this magnitude never again strikes our land and our loved ones. Yet, as we in the insurance industry know all too well, you can never be too prepared. As restaurant owners, it should be easy to grasp the importance of insuring against these four risks that Hurricane Sandy uncovered.

Peace of Mind and Protection from Uncertainty

By being properly insured, you will be protected if the big rainfall that surpasses the five-inch prediction causes your sewer to back up. If storm winds topple the power lines down the street and you aren’t prepared to play Pioneer Days with your customers, you will be covered. If your employee mistakenly undercooks the chicken for your famous chicken piccata dish, you will be covered. If your air conditioner works overtime and decides to take a siesta for a day, you will be covered.

Play it smart: contact us today to be certain that your restaurant business is fully insured! 

(610) 947-1270

Tags: Restaurant Insurance, Business Insurance Reading PA, Business Insurance Berks, Business Insurance Philadelphia Pa, Business Insurance Lancaster Pa, Business Insurance Harrisburg Pa, Business Insurance York Pa, Commercial Insurance Allentown PA, Commercial Insurance Lancaster PA, Commercial Insurance Harrisburg PA, PA Flood Insurance, Commercial Insurance, Commercial Insurance Reading PA, Business Insurance Allentown PA, Business Insurance, Pennsylvania Business Insurance, Commercial Insurance Philadelphia PA, Commercial Insurance York PA, commercial property insurance, Commercial Insurance Berks County

Understanding Small Business Insurance

Posted by David Ross on Sat, Feb 11, 2012

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 InsurinUnderstanding your business insurance needs for commercial insurance, workers compensation, umbrella insurance | Reading PA, Philadelphia, Lancaster, Harrisburg, York, Allentown, Bethlehem, and Erie, Pennsylvaniag 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.

So How Many Types of Liability Insurance Are There?

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. 

Workers Compensation Insurance - Are You Operating Legally?

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 Workers Compensation Commercial Liability Insurance | Reading, PA, Philadelphia, Harrisburg, Lancaster, York, Lebanon, Harrisburg, Erie, Pittsburgh, Allentown, Bethlehem, Pennsylvaniaa 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.

We Can Help You Make the Right Liability Insurance Decisions for Your Business

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. 

Tags: Van Insurance, Workers Compensation Insurance, Insurance Berks Pa, Business Insurance Reading PA, Business Insurance Berks, Business Insurance Philadelphia Pa, Business Insurance Lancaster Pa, Business Insurance Harrisburg Pa, Business Insurance York Pa, Small Business Insurance, Small Business Insurance Reading PA, Commercial Insurance Allentown PA, Commercial Insurance Lancaster PA, Commercial Insurance Harrisburg PA, Insurance Reading Pa, Pa, Umbrella Insurance, Commercial Insurance, Commercial Insurance Reading PA, Business Insurance Allentown PA, Business Insurance, Pennsylvania Business Insurance, Commercial Insurance Philadelphia PA, Commercial Insurance York PA, commercial property insurance, Commercial Insurance Berks County