Business Insurance
Klinner Insurance understands that every business faces unique risks and challenges. We work closely with you to assess your company’s needs and then design customized insurance policies tailored for you. We make sure you have comprehensive coverage and competitive premiums that align with your objectives. Our personalized approach prioritizes your business’s security and keeps you well-protected. Trust us with your insurance needs so you can keep your focus on your business.
Commercial Auto Insurance
As a business owner you need the same kind of insurance coverages for the vehicle you use for your business as you do for the vehicle used for personal travel – liability, collision, and comprehensive, medical payments, and coverage for uninsured and underinsured motorists.
While the major coverages are the same, a business auto policy differs from a personal auto policy in many technical respects. With the countless ways to run a business, it makes it almost impossible to determine the best way to protect your company and vehicles on your own. The advice from a licensed agent is essential for the right coverage to safeguard your business. Ask your insurance agent to explain all the differences and options.
General Liability
Broad Range of General Liability Protection:
- General Liability coverage pays losses arising from real or alleged bodily injury, property damage, or personal injury on your business premises or arising from your operations. Bodily Injury includes the cost of care, the loss of services, and the restitution for any death that results from injury.
- Property Damage coverage pays for the physical damage to property of others or the loss of use of that property
- Products-Completed Operations provides liability protection (damages and legal expenses up to your policy’s limit) if an injury resulted from something your company made or service your company provided
- Products Liability protects your company against lawsuits from product-related injury or accidents
- Contractual Liability extends to liability you may assume by entering into a variety of contracts
- Other coverages may include: Borrowed Equipment; Liquor Liability; Non-Owned Vehicles. Legal Defense Costs; Medical Payments; Personal Injury; Advertising Injury; and specialized liability protection for specific business types.
Workers’ Compensation
Workers’ compensation laws were created to ensure that employees who are injured on the job are provided medical coverage with fixed monetary awards. This eliminates the need for litigation and creates an easier process for the employee. It also helps control the financial risks for employers since many states limit the amount an injured employee can recover from an employer.
Most states require that employers carry some form of Workers’ Compensation Insurance. Workers’ Compensation Insurance is not health insurance. Workers’ Compensation is designed specifically for injuries sustained on the job.
Do I Need Workers’ Compensation Insurance?
Employers have a legal responsibility to their employees to make the workplace safe. However, accidents happen even when every reasonable safety measure has been taken.
In almost every state, businesses with employees are required to buy Workers’ Compensation insurance. Workers’ Compensation insurance covers workers injured on the job, whether they’re hurt on the workplace premises or elsewhere, or in auto accidents while on business. It also covers work-related illnesses.
Workers’ Compensation provides payments to injured workers, without regard to who was at fault in the accident, for time lost from work and for medical and rehabilitation services. It also provides death benefits to surviving spouses and dependents.
Each state has different laws governing the amount and duration of lost income benefits, the provision of medical and rehabilitation services and how the system is administered. For example, in most states there are regulations that cover whether the worker or employer can choose the doctor who treats the injuries and how disputes about benefits are resolved.
Workers’ Compensation insurance must be bought as a separate policy. Although in-home business and business owners policies (BOP’s) are sold as package policies, they don’t include coverage for workers’ injuries.
Property
Protect your building and contents from perils such as fire, lightning, wind, vandalism, and theft. Ideally your property will be insured on a replacement cost basis which means it can be rebuilt or replaced with brand new materials or items. Be sure to consider other property coverages like Equipment Breakdown, Business Income Protection, and Water and Drain Backup.
Many businesses have needs unique to their industries. No matter what your requirements are, Klinner Insurance is ready to provide you with the detailed coverage you need.
- Inland Marine
Covers the repair or replacement costs of covered property damaged by covered events such as theft, hail, fire, and more. - Cyber Security
Helps businesses cover financial losses and other costs that may result from a cyberattack or data breach. - Umbrella Policies
Umbrella policies can provide excess liability coverage for a number of business liability products. Adding an umbrella policy can potentially provide additional savings. - D&O (Directors and Officers liability insurance)
Protection from personal financial loss in the event of a lawsuit. It can cover defense costs, settlements, and more.