Business and commercial insurance from a professional agent
Your business is your livelihood and a valuable asset you need to protect. As business owner you also have lots of things on your plate and many things to worry about. Business insurance need not be one of them. Neverman provides cost effective commercial insurance solutions to businesses in Avon, Cleveland, Lakewood, North Olmsted, North Ridgeville and Westlake.
Business insurance is a broad and complex field that is best left in the hands of a professional insurance agent. Each business is different and as such as different insurance requirements. The type of commercial insurance that will be right for your business is also influenced by the type of business you run, where your business is located and what the general and security risks your business might potentially face.
However most businesses require certain general coverage’s such as
- Equipment insurance
- Property insurance
- Liability cover
- Commercial auto insurance
- Errors and omissions
- Directors and officers insurance
- Workmen’s comp
- Staff medical plan
Specific types of business will require specialised insurance such as transport insurance, truckers insurance, builders insurance, retailers insurance, marine insurance, hospitality insurance, garage insurance and so on.
Your commercial insurance can be packaged in different flavors including
- Business owner’s policy
- Commercial package policy
- An Umbrella policy
Your business owner’s policy will likely cover you for certain assets as well as liabilities. A commercial package policy is more comprehensive than a business owner’s policy and can be tailored to suit your specific needs and circumstances. Most general commercial policies have limits that may not be sufficient to cover your real losses. An umbrella policy will extend the limits of a general business policy and provide addition business and auto liability cover.
A professional business insurance agent such as Neverman Insurance can also assist risk analysis and loss management.