The more info you give, the better we'll be able to understand the risk and negotiate for competitive rates!
Have you had any claims in the last 5 years? If so, please provide a detailed description of each claim along with approximately how much money has been paid out for each occurrence.
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 sales, 2 service).
IF PROPERTY COVERAGE IS NOT DESIRED, FEEL FREE TO SKIP DOWN TO THE NEXT ELIGIBLE SECTION.
If you own your building or condo unit, how much coverage would you like on it? (Side Note: Any sort of vehicle lift or other items that are "attached" to the building or fastened to the ground would be included within the building limit. Feel free to mention and/or list these items as well)
How much coverage would you like for your business personal property and contents? Try to be as specific as possible and break down each into line items if you are able to do so (ei: $50,000 in office furniture, $25,000 in computer hardware/software, $10,000 office supplies, etc).
Would you like coverage for and any tools and/or equipment that is taken off premise? If so, please explain which tools are taken off premise, how often this happens, and how much coverage would you like.
Is there any additional property that you need coverage for? These items may include (but are not limited to) signs, lights, clocks, fences, playgrounds, etc.
General Liability / Auto Liability
The RiG team encourages our garage customers to think of the Garage Policy as a combination of the Business Auto Coverage form and the Commercial General Liability Coverage form. A typical garage business has an auto exposure (owned, non-owned and hired) as well as premises/operations, contractual and products/completed operations exposures. Rather than writing two separate policies, the Garage policy allows you to combine the coverages into one form.
Please list the year, make, model, and VIN for each vehicle. Please also indicate which vehicles need full coverage or just 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.
This coverage is liability insurance for employers that covers them from from wrongful termination, discrimination, sexual harassment, and other violations of employees' legal rights.
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.
This coverage provided by part 2 of the workers compensation policy provides coverage to the insured (employer) for liability to employees for work-related bodily injury or disease, other than liability imposed on the insured by a workers compensation law.
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