Crosby Victorville Insurance Agency

Depending on the type of business you operate, your insurance needs may be complex. Let us help you evaluate the needs of your business to determine which types of business insurance you need most.

Commercial vehicle insurance policies cover the vehicles (cars, trucks, vans, etc.) your business uses in its daily operations. These policies cover vehicle damage and liability.

If you rent an office for your company, tenant's insurance will pay the value of any improvements you have made to the property to the owner's property, though those improvements belong to the owner of the property.

Under worker's compensation, a business is protected from claims from employees hurt on the job. The worker receives wages and benefits while recuperating that are dictated by state regulations.

Life insurance is an important part of the smooth functioning of your business - for both you and your partner. If you have a business partner, what happens to the business of one of you dies? A buy-sell policy ensures that there are sufficient funds for the survivor to buy the business.

EPLI (employment practices liability) insurance provides protection for employers against claims or lawsuits made by former, current, or potential employees. This would cover such issues as sexual harassment, discrimination, and wrongful termination.

business insurance policies will have exclusions that can have a direct impact on your business. When buying a policy, review it carefully to know exactly what you are buying. If you need more coverage, look at the different options available.

One type of commercial property insurance is an all-risk policy, which covers a wide variety of incidents except those noted in the policy.

The modern insurance we know today actually developed from a tragic event, the Great Fire of London, in 1666. The fire devastated London, destroying 13,000 houses, and helped develop insurance from mere convenience to one of necessity.

In addition to insurance policies that offer protection to businesses as a general concept, there are also business insurance policies that focus on specific fields of enterprise. Professions such as accounting, health care, and law all have unique conditions that require specialized policies.

Workers’ compensation insurance is necessary for any business, as it covers any employees’ injuries while on the job. Some states even require companies with employees to carry workers’ compensation insurance.

Any professional should consider including sufficient limits of malpractice coverage within professional liability insurance. For example, an architect who allegedly includes serious errors in a building plan could face a costly lawsuit.

Did you know that there are two basic types of commercial property insurance? These include all-risk policies and peril-specific policies.