Employment Practices Liability Insurance
Employment Practices Liability Insurance (EPLI) can pay for lawsuits related to claims of discrimination, wrongful termination, and sexual harassment. It can cover legal expenses related to claims brought against your company by current, former, and even prospective employees.
Business Interruption Insurance
Business Interruption Insurance can pay for lost income if your business must temporarily halt operations because of natural disasters, supply chain problems, fires, and other covered property events. If you experience a qualifying event, this policy can help pay for your rent, payroll, taxes, loans, relocation costs, and other expenses.
Umbrella Liability Insurance
When your General Liability Insurance, Hired and Non-Owned Auto Liability Insurance, and/or Employer's Liability Insurance limits have been reached, Umbrella Liability Insurance can offer supplemental protection. Available in increments of $1 million, Umbrella coverage can be bundled with a General Liability policy or purchased as a standalone policy.
Directors and Officers Insurance
The personal assets of private companies' directors and officers are at risk from lawsuits by a variety of entities, including customers and clients, shareholders, competitors or suppliers, and government agencies. But most lawsuits against directors and officers are management related and brought by employees of the company. Directors and Officers Insurance, also known as D&O Insurance, can address these lawsuits and is frequently bundled with Employment Practices Liability Insurance (EPLI).
Business Property Insurance
You can protect your company's property, such as office furniture and computers, by purchasing Business Property Insurance. This policy can pay to repair or replace your business property if it is stolen or damaged. IT small business owners often qualify for a Business Owner's Policy (BOP), which bundles General Liability and Property coverage at a rate typically lower than purchasing the two policies separately.
Commercial Auto Insurance
Commercial Auto Insurance can cover vehicles your company owns or operates in a commercial capacity. If you get into an accident, this policy can pay to repair damage your vehicle causes and to defend your business against auto liability claims.
Hired Auto & Non-Owned Auto Insurance
Typically added as an endorsement on a General Liability policy, Hired Auto & Non-Owned Auto Insurance can address your business’s liability for accidents that happen in personal vehicles used for business errands. This can include rental cars, or an employee's vehicle used for business purposes.