Many businesses will not qualify for a Business Owner's Policy (BOP) due to the size or the type of business. These businesses can still have the convenience of a package policy by purchasing a Commercial Package Policy.
The Commercial Package Policy provides both property and liability coverage but has more flexibility to tailor the insurance coverage to the specific needs of a mid-sized to large business or a higher-hazard type of business. A Commercial Package policy includes property coverage for the assets of your business—building, contents, equipment and computers, to name a few.
Business Income coverage can be added to the policy to provide for the lost income and the extra expenses incurred when a company is forced to vacate its premises due to a covered insurance loss.
Property coverage can be written on either a replacement cost or actual cash-value basis. Businesses may purchase additional coverage based on the particular needs of the business. This coverage can include, but is not limited to, employee dishonesty, outdoor signs, exterior glass, money and securities, and transportation coverage.
The Commercial General Liability protects the business against liability claims for bodily injury and property damage arising out of the premises, operations, products and completed operations, advertising and personal injury liability.
No matter how hard you work, one disaster can destroy your business.
Protect your business with the proper insurance and trust the people at Holden Agency Insurance to help you customize an insurance package to meet your specific needs. Our educated staff will make recommendations and provide options that will set you on a path to security without cleaning out your bank account. The insurance companies we represent have been selected based on their financial strength (which includes their ability to pay claims), their product offerings and their competitive pricing.
Contact us today for a FREE comprehensive quote.