BUSINESS INSURANCE
Business Insurance
Business insurance is essential for protecting your company from unexpected events such as property damage, liability claims, or employee-related risks. Assured Indemnity, a full-service, multi-line insurance agency, proudly serves businesses across New Orleans, Jefferson, St. Bernard, Plaquemines, and surrounding parishes. We offer tailored business insurance solutions designed to safeguard your operations, assets, and peace of mind.
What Do Business Insurance Policies Cover?
Your business insurance coverage can vary based on your specific needs and the structure of your policy. Typically, business insurance includes the following types of coverage:
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General Liability Insurance: Protects your business from claims of bodily injury, property damage, and advertising injuries that occur on your premises or as a result of your business operations.
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Commercial Property Insurance: Covers damage to your business property, including buildings, equipment, inventory, and furniture, due to covered events like fire, theft, or vandalism.
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Workers' Compensation Insurance: Provides coverage for employees who are injured or become ill as a result of their work, covering medical expenses and lost wages.
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Professional Liability Insurance: Also known as errors and omissions (E&O), this protects businesses that provide services from claims of negligence or failure to perform their professional duties.
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Business Interruption Insurance: Helps cover the loss of income if your business is forced to close temporarily due to a covered event, such as a fire or natural disaster.
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Commercial Auto Insurance: Covers vehicles used for business purposes, protecting against accidents, theft, and damage while on the job.
How Much Does This Cost?
The cost of business insurance depends on several factors, including the size of your business, industry, location, and the level of coverage you choose. Businesses in higher-risk industries or areas with higher crime rates may face higher premiums. The value of your property and assets, along with the number of employees, can also influence your rates. Opting for higher coverage limits will increase your premiums, but selecting a higher deductible may help lower your costs. Additionally, claims history and safety measures in place at your business can affect the overall premium.
How to Get Business Insurance
To purchase business insurance, start by comparing quotes from different insurers, including local agents and online platforms. Assess your coverage needs based on the size of your business, industry risks, location, and budget. You might also save money by bundling your business insurance with other policies, such as commercial auto or workers’ compensation.
Whether you're a small business or a large enterprise, having the right coverage is crucial. For personalized solutions, trust Assured Indemnity. We’re here to guide you through the process and help you find the best policy for your business. Contact us today to learn more.