Commercial Property and Casualty insurance includes coverage of both the physical assets and premises of a company as well as intangible exposures created by the direct and/or indirect actions of employees, managers and officers. If you own a business in the state of New Jersey you are most likely required by law to hold some form of Casualty Insurance. If that business is located in any type of commercial building leased or owned, you are required to maintain some form of Property Insurance.
Here Are a Few of the More Popular P&C Coverages:
Fire Legal Liability
Fire coverage is one of the most popular commercial coverages because it is almost always required by landlords. It protects you in the event you lease your business space and your negligence results in fire damage or loss to your landlord’s property.
General Liability for your premises
Covers exposures related to injury or loss on your business premises.
This coverage provides protection if you are the owner of the building or if you are required contractually to provide coverage for the building from which you conduct business.
Business Personal Property Insurance
This Covers your furniture, equipment, and improvements made to your leased premises.
Business Interruption Insurance
This coverage provides protection against loss of income if your company has to vacate the premises due to disaster-related damage that is covered under your property insurance policy, such as a fire. Business interruption insurance covers the profits you would have earned, based on your financial records, had the disaster not occurred. The policy also covers continuing operating expenses.
This represents coverage for vehicles used for business. We provide a wide range of products, and would be happy to help you choose which coverage is right for your business.