This deductible would apply to both your building and/or your business personal property.
If your sump-pump fails, or sewage backs up through your sewers and drains, you'll need to add this coverage by endorsement if you would like coverage. This is standard throughout the industry.
One way that insurance carriers rate your general liability premium is based upon annual sales. Please list your annual sales (ie: $4,000,000) and "subdivide" them per line items as well if possible ($500,000 for office employees, $300,000 for salespersons, $250,000 for window installation, etc.)
Some insurance carriers rate your general liability premium off of your annual payroll. Please list your annual payroll, and break it down into specific classifications once again ($500,000 annual payroll, $200,000 paid to office employees, $200,000 paid to construction employees, etc.) If you'd like to get more technical, the RiG team is always willing to conduct a "pre-quote audit" and show you some tricks as to how we can reduce your premium in doing so.
Please list the total number of employee within your business. Please also further "subdivide" this number into specific categories as well (10 total employees, 5 clerical, 3 construction, 2 sales...).
An owner of a business has the option to exclude themselves from their Work Comp coverage and thus save some money on their premiums. If you would like to take this option, please list each owner, their annual payroll, and the type of work they are specifically engaged in (ie: office work, sales, in the field, etc.)
Please list each classification along with its corresponding payroll. For example, you may have a "clerical" classification for your office employees with a corresponding payroll of $100,000, or a "salespersons" classification for your sales force with a payroll of $50,000.
Please list the year, make, model, and VIN for each vehicle that you would like coverage for. Please also indicate which vehicles should have full coverage (collision & comp deductibles) and which should have liability only.
If your car is damaged or destroyed in an accident, collision insurance coverage will typically pay to fix or replace it. Types of covered accidents include hitting another car or hitting a stationary object, like a bridge or a tree.
With Comprehensive coverage, your insurance company pays for damage to your auto caused by an event other than a collision, such as fire, theft or vandalism. If you hit an animal, or if your auto is flooded or stolen, Comprehensive coverage will apply.
Non-owned and hired automobile liability insurance covers bodily injury and property damage caused by a vehicle you hire (including rented or borrowed vehicles) or caused by non-owned vehicles (vehicles owned by others, including vehicles owned by your employees).
A business umbrella policy picks up where your business auto liability, general liability or other liability coverage stops. Umbrella insurance is an inexpensive way to provide extra coverage against bodily injury and/or property damage.
Is there anything else that you would like us to know?
Thank you for reaching out!
When it comes to business insurance, there's a lot to know. We promise to look at your business with the utmost care and attention to detail that it will take to cover you properly with the most competitive rate. We'll be in touch shortly!
-The RiG Team