If your business owns one or multiple vehicles, you’ll need commercial automobile insurance. Also called fleet insurance, this type of insurance functions almost identically to personal auto insurance, with liability and damage coverage for injury, damage, or theft.
Motorcycle Insurance
Okay, so you just roared into town on your own hog, and the new neighbors are getting nervous because you’re wearing black leather and a chain link. You’re thinking about unpacking boxes, but they’re more concerned with bodily injury and property damage. Lucky for them, and you, those provisions are covered under a motorcycle insurance policy.
Boat Insurance
Unless you’re moving to the middle of the dessert, boat owners should understand how marine insurance differs from that of your car. Thought one goes by land and the other by sea, there are variations beyond the basic coverages common to both. In fact, “boat and yacht” policies can even vary between companies that specialize
You may notice that floods and earthquakes are not on the list of covered perils. If you live in an area that is prone to them, we encourage you to to buy a separate policy or a rider on your renters insurance.
Home Insurance
The financial safeguard against disaster, including property loss and injuries to third parties, is homeowners insurance. While anyone can legally own a home without it, your friendly neighborhood mortgage lender will no doubt require this coverage for self protection.
Condo Insurance
Condo (or co-op) insurance safeguards your personal belongings and the parts of the building you own against most known disasters – such as fire, lightning etc.
Life insurance helps fill financial gaps that can develop rapidly when you or someone you love passes away. Having a financial cushion at such an uncertain and stressful time lets you and your family enjoy a higher quality of life and offers the opportunity to live independently.
Health Insurance
Depending on the state you are located in, the business owner will be either automatically included or excluded from coverage; if you want something different, you’ll need to make special arrangements. While excluding yourself can save you several hundred dollars, this can be penny-wise and pound-foolish. Review your policy before choosing this option because in most states if you opt out, no health benefits will be paid for any job-related injury or illness by your standard health insurance provider.
Disability Insurance
It’s every businessperson’s worst nightmare–a serious accident or long-term illness that can lay you up for months, or even longer. Disability insurance, sometimes called “income insurance,” can guarantee a fixed amount of income–usually 60 percent of your average earned income–while you’re receiving treatment or are recuperating and unable to work. Because you are your business’s most vital asset, many experts recommend buying disability insurance for yourself and key employees from day one.
You’ve spent countless hours developing a business plan to secure financing. You’ve hired a talented staff and purchased office equipment to get things up and running. You’ve burned the midnight oil and worked numerous weekends to build your business. And should a lawsuit or natural disaster strike, or some other crisis send your company into a frenzy, your smoothly operating machine won’t be derailed, because you’ve bought basic business insurance.
Commercial Property Insurance
Aegis Service Corp. recognizes the important role insurance plays in the life of a business. Commercial property owners need insurance to cover broken windows from a hailstorm, smoke damage from a fire, water damage from a broken pipe and many other losses that can impact your daily operations and bottom line. With a commercial property policy, your building, business personal property and the personal property of others is covered.
Workers Compensation Insurance
Although it may seem overwhelming, most smaller firms can limit their investigations to three basic types of protection: property, general liability, and workers compensation insurance.
In general, higher coverage limits are recommended. Many providers suggest a minimum liability coverage of $500,000. However, multi-party claims could quickly eat up this seemingly large sum; it may be worthwhile to explore raising your liability coverage to $1,000,000 or more. Although it sounds like a lot, it won’t necessarily cost that much. Generally, it’s less expensive to buy higher amounts of coverage on a commercial vehicle than a personal one. Umbrella insurance can also be used for the higher coverage limits.
Pet Insurance
Since 2001 we’ve been representing over 100 premiere insurance products across the United States, allowing us the capability to help protect the people and things you value most. Our wide range of products includes personal insurance, commercial insurance, construction insurance, and even pet insurance! This is paired with our dedicated customer service. Whether it’s taking extra care to help find the product that is most suitable and cost-effective for you or explaining policy terms to make sure you are comfortable with the product you’re purchasing, at Aegis, our top priority has always been putting you, the customer, first.
If you’ve chosen a location prone to these natural forces you’ll probably be required to purchase these insurances separately.Flood insurance is available through FEMA’s National Flood Insurance Program.