J.M. Thompson Insurance writes business insurance in Crawfordsville, Indiana and throughout the state. Business insurance protects from losses due to covered risks. The risks include, but are not limited to, fires, vandalism, lawsuits, and business interruption. From vehicles to property and the employees within the business, owners can safeguard their investment and lessen the risk of a scenario affecting its growth and presence. The following areas represent some of the primary commercial insurance needs that any business should consider.
This insurance policy includes insurance of business buildings and property, liability protection, and business interruption insurance. It covers you if your buildings or property get damaged by covered perils. Liability protection can also pay for legal fees in case your business or employees causes involuntary harm to other people or their property.
This insurance policy covers physical damage to the vehicles of a business. According to Indiana laws, all cars must have minimum liability insurance at least. Business auto insurance is different from personal auto insurance. It, however, offers the same coverage options. They include bodily injury liability coverage, collision coverage, comprehensive physical damage coverage, combined single limit, and property damage liability coverage. We advise businesses to acquire business auto insurance policies based on their needs.
If your business has some type of physical location, it would require a property insurance policy. This policy protects the real and personal property owned or the responsibility of the business. Commercial Property policies insure covered losses due to fire, theft, and natural disasters.
Commercial umbrella insurance offers additional liability protection against claims which could lead to losses. If, for example, customers injure themselves on your business’ property, the medical costs may be more than your general insurance liability coverage. Indiana businesses with commercial umbrella insurance have additional protection.
Cyber liability insurance helps to pay for financial losses resulting from data and other cyber breaches. Cyber liability insurance varies from one provider to another. First party liability coverage covers various property and crime coverage. Some policies may cover a loss of electronic data resulting from damage, theft, or corruption.
This insurance policy protects a business from general claims for bodily injuries and property damage. It helps pay for medical expenses, property damage, and legal fees.
This insurance coverage helps a business to pay for wage replacement and medical benefits to employees who get injured at work or because of work. This helps to prevent lawsuits which can be costly and injurious to a business’ reputation.
At J.M. Thompson Insurance, we prioritize the needs of specific businesses. Our professional, knowledgeable, and experienced agents help clients meet and exceed their insurance goals. Our service is prompt, convenient, and friendly. Contact us at (800) 545-9497 to acquire an insurance quote.