Commercial Package Policy

Typical Coverages

A commercial package can include the following coverages:

• Property Insurance – covers building, equipment, and inventory for a variety of risks.
• General And Product Liability – covers situations when products, services, or employees cause bodily injury to people or damage to other’s property.
• Equipment Breakdown Insurance – equipment damage due to a covered loss situation.
• Business Income Insurance & Extra Expense – lost income and extra costs if your operations are suspended due to a covered loss.
• Crime Coverage – situations of employee dishonesty.
• Cyber Liability – data breach and notification costs.
• Personal And Advertising Injury Coverage –  libel and slander.
• Hired And Non-owned Auto Coverage – liability coverage for vehicles you borrow, hire, or lease for your business.
• Medical Payments Coverage – medical expenses if others are injured on property you own or rent.
• Professional Liability – errors & omissions for eligible professions; some professions may require a separate policy.
• Employment Practices Liability (EPLI) – protects employees from claims related to sexual harassment, discrimination, unfair hiring practices, wrongful termination, breach of contract, and various other situations.