Businesses need insurance to help cover the costs associated with property damage and liability claims. Without business insurance, you may have to pay out-of-pocket for costly damages and legal claims that could be financially devastating. In some states, you're required to have specific types of business insurance, and we can personally advise you on it all. Our greatest desire is to help protect the business you worked so hard to build.
If your business relies on a vehicle to operate, having adequate commercial auto insurance coverage is just as important as the vehicle itself and helps safeguard your business. Understanding how commercial auto insurance works will help you make a more informed decision and secure the right coverage for your business. We're here to help.
Commercial umbrella insurance provides an added layer of liability protection for your company. It covers costs that go beyond your other liability coverage limits, and it's applied when your other liability coverage limits have been reached. This type of insurance isn't offered as stand-alone coverage. It works in conjunction with other coverage, such as general liability insurance. Our experts can consult you on whether you need this insurance and what your best, most affordable options look like.
Commercial general liability is a type of insurance that provides coverage to a business for personal injury and property damage caused by the company's operations, products, or injuries that occur onsite. This is considered comprehensive business insurance, though it does not cover all risks a business may face. These policies have different levels of coverage, and we can consult you on what's necessary to protect your business properly.
No business wants an employee to get injured on the job, but accidents happen. Workers' compensation provides medical and wage benefits to anyone who's injured or becomes ill at work. This type of coverage is mandated, and the benefits vary by state. Our extensive experience in this area will ensure you're both compliant and protected from any civil lawsuit.
All businesses need commercial property damage insurance to rebuild after a fire, flood, hurricane, or another devastating event. With so many providers, options, and price points, knowing which policy best fits your business can be difficult. Henderson Phillips knows how to track down the best coverage and cost for you.
Bonds are an added level of insurance on your coverage plan and guarantee a payment amount if certain conditions aren't met in a contract you've signed. While insurance protects your company in the event of an accident and allows you to operate legally, bonds help you build trust that you'll complete required projects and allow you to work on public jobs. There are several types of bonds on the market, and we help guide you through your options and make our best recommendation.