Small Business Insurance
Insurance for Your Business
At Kasmann, we offer many small business insurance coverages that include liability, property, commercial auto, garage keepers, workers compensation, many types of bonds and key-person life insurance . For great service from a local agency that cares, give us a call today and we will help get the best policies for your needs!
Types of commercial insurance we write:
General Liability
All businesses should carry Commercial General Liability Insurance to provide coverage for:
- Bodily Injury and Property Damage for acts in which the insured is negligent
- Fire Legal Liability for rented property in the case of a negligent fire caused by the insured
- Personal and Advertising Injury due to libel, slander, copyright infringement or invasion of privacy
- Products and Completed Operations Liability for items manufactured or sold by the insured; or completed work or services done by a contractor
- Medical payments for accidents on the insured property in which the insured was not negligent
Excluded from coverage are:
- Automobile liability
- Employee Injuries
- Professional negligence
*These exposures require other types of insurance such as Commercial Auto, Workers Compensation, and Professional Liability policies.
Other Liability Coverages
- Hired & Non-Owned Liability – liability coverage for employees who use their personal auto to conduct business
- Cyber Liability – protects a business against data breach, cyber attack, ransomware, and network failures
- Employment Practices Liability – protects against suit from employees for employment acts such as wrongful termination, harassment, retaliation or discrimination
- Professional Liability – provides “Errors & Omissions” coverage for certain types of professionals for mistakes or negligence
- Directors & Officers Liability – for the leaders or Board of a Non-Profit organization to protect against lawsuits alleging mismanagement, poor decision-making, or breach of fiduciary duty
- Excess or Umbrella Liability – provides a limit of liability above and beyond the General Liability (GL) limit and is only triggered when the underlying GL limit is exhausted in a loss settlement
Commercial Property
We provides coverage for:
- Owned building(s)
- “Improvements or betterments” that a business has done in a leased building
- Business Personal Property
- Office furnishings
- Computers and other electronics
- Stock or inventory
- Business Income and Extra Expense – replaces lost income so a business may continue to operate in the event a catastrophic loss renders their property uninhabitable
Commercial Auto
Insurance for autos registered to the business. Coverage provides:
- Medical payments to the insured and passengers regardless of fault
- Bodily Injury and Property Damage Liability to others if the insured causes an auto accident
- Physical Damage (comprehensive and collision) to the insured vehicle
Garage Keeper Liability
This liability insurance provides coverage for physical damage to a client’s vehicle when left in the care, custody, or control of a:
- Towing company
- Dealership
- Repair shop
Workers Compensation
Workers Compensation is employer-funded coverage for workers who become injured or ill while at work. It pays for medical bills, rehabilitation, lost wages, disability and death benefits to surviving dependents.
Bonds
Surety Bonds
- Contractor Bid Bonds
- Contractor Performance Bonds
- License/Permit Bonds
- Notary Bonds
Fidelity Bonds
- Employee Dishonesty Bonds
- Employee Retirement Income Security Act (ERISA) Bonds
Key-Person Life Insurance
- For the founder of a business or an indispensable employee
- Can be a Permanent or Term plan
- The business is the owner and beneficiary
- Satisfies debts and protects financial stability of the business during a leadership transition
Commercial Business Types We Insure
- Animal Rescues
- Apartment Buildings
- Audio Sales and Service
- Churches
- Cleaning Services
- Construction
- Counseling Services
- Daycare and Before/After School Programs
- Dance Studios
- Drone Video and Photography
- Electricians
- Electronic Sales and Service
- Entertainment Services
- Environmental Air Services
- Flooring and Remodeling
- Golf Cart Rental
- Grocery Stores
- Home Health Care
- Homeowners Associations
- HVAC
- Land Surveyors/Engineers
- Lawn Care/Snow Removal
- Law Firms
- Manufacturers
- Marketing Firms
- Mechanics
- Medical Offices
- Metalworking
- Moving and Delivery
- Nonprofit Clubs, Organizations, and Associations
- Plumbers
- Property Management
- Radio Stations
- Real Estate Agencies
- Restaurants
- RV Parks
- Storage Centers
- Tree Care and Removal
- Towing/Roadside Assistance
- Upholsterers
- Vending Machine Sales & Service
- Wineries
- Website Developers