Batchelor & Associates handles numerous types of business insurance coverages and policies. Chances are, if your company or organization has a need, we can help you determine the best option and provide a viable solution. We will shop the market assuring your coverage is cost effective and thorough for your given situation.
Coverage for Your Company & Business Ventures
Batchelor and Associates strives to provide quality insurance for businesses, but that not where it ends. Our goal is to build a working relationship with our customers and their companies. To be there with working advice and service for a lifetime. Let us handle you commercial insurance needs, while you focus on operating your day to day activities.
No matter the size, we all know there are risks associated with running a business. A General Liability Insurance Policy is meant to protect company owners from claims developing around a wide range of sources. Businesses are susceptible to various liability scenarios like employee and sub-contractor accidents, contractual vulnerabilities, and even discrepancies in the actual products being made and delivered.
Business owners and general contractors have the responsibility of carrying coverage for the events that might arise. Claims have a way of attaching themselves to businesses even if the person or group involved are not part of your immediate team. Lawyer's often like to involve multiple entities to raise the possibilities of a successful lawsuit, so having protection is crucial.
Batchelor and Associates can help you decipher through the options and determine a policy that fits your company. Variables include type of work, payroll expenses, gross receipts, etc. We can shop the market for the rate and benefit that accommodates you business needs.
Common coverage elements of these non-standard policies usually include business property for building and internal items, as well as liability for business operations both locally and for products and completed jobs. Business Owners Insurance (BOP) usually serves small businesses foremost, but the policies can vary greatly among different insurance companies, so it's smart to shop around. Some offer income and expense protection after an event, but other coverages such as workers comp, business vehicle, and professional liability are not included. If you are considering BOP, let us help you determine the options available.
In regards to your business vehicle needs, Batchelor and Associates can assist you in implementing a proper Commercial Auto Insurance Policy that gets your company covered. Commercial vehicles can expose your business to a whole other level of liability, whether you have a single business vehicle or an entire fleet. Let us help implement custom coverage that gives you piece of mind.
A business vehicle has to meet certain requirements to qualify for Commercial Auto Insurance. Considerations are how a vehicle is used, ownership factors, hauling payloads and duty specs. Only in certain situations can personal vehicles be considered. The costs involved with these types of policies are not regulated like personal auto insurance, so shopping the market for the best value is important to get a successfully, beneficial policy.
Commercial Property Insurance is meant to provide coverage in the case of unfortunate events happening to your company's assets. Scenarios include burglary, storm events, fire and other natural disasters. This unique policy is put in place to protect property owned by the company, as well as the building it is in. Items can span from lost income due to interruption, structural damage, technology failure, and destruction of money and documents.
If you already have Business Liability coverage, this should handle most damages done to the company building, for instance if it were vandalized, but Commercial Property Insurance will further coverage for the residual occurrences that can deliver additional blows to your business.
If an employee is injured on the job, having Worker's Compensation Insurance is meant to protect businesses from claims. Injuries can result due to an on-site fall, an auto accident and even work-related illnesses. These policies can protect the employer, while providing compensation for the injured individual from lost wages and medical bills.
Often, Workers Compensation is one of the largest insurance expenses for a business and for most employers it is required. Let Batchelor and Associates find a solution that works for your company to provide a trusted, safe working environment.
Does your business sell and serve alcohol? If you do, then your need for Liquor Liability Insurance is crucial! In the unfortunate event that an unruly or disheveled customer damages your property or is injured after being served alcohol, this type of policy will protect your business. It is designed for distributors, manufacturers and any where alcoholic beverages are sold, such as taverns, convenient stores, clubs and restaurants. Let Batchelor and Associates customize a policy and provide the liability protection for your business.
For coverage of new or renovation building construction projects, Builders Risk Insurance comes into view. While a building is under construction phase and the project is in progress, this policy provides coverage toward the value of materials both on location and in transit, as well as for the property value itself. It doesn't just apply to buildings either, it can be special project like room additions, outside accent items and remodeling. The policy stays in effect until the project is complete.
Builders Risk Insurance can be taken out by the commercial contractor, developer or the property owner and is a valuable coverage for people with construction property investments. Cost can equal a large sum, especially if a project involves moving a lot of earth around. Policies can be written for commercial or residential projects and the insurer usually requires 3 or so years of experience by the contractor.
Batchelor and Associates works with property owners and contractors alike to design and write these policies. Contact us today with your needs.
Employment Practices Insurance (EPLI) is put in place to cover the realm of alleged employment related claims and accusations. Today it is rather commonplace to hear about litigation cases involving discrimination, sexual harassment, wrongful discharge or termination, hostility, retaliation and more. As an employer it is more important than ever to protect yourself and company against these types of claims.
Batchelor and Associates can help you be proactive in respects to Employment Practices management. Contact us today and let us know your company needs.
In the case of negligence claims toward Directors and Officers of a company, this insurance serves to protect the upper leadership of businesses. Claims often focus and deal with expected management performance and duties as related to the company. It is not to be confused with Errors and Omissions Policies, which focus on products and services, however both policies are normally put in place alongside one another.
Interested in Directors and Officers Insurance? Let us help!
Errors and Omission Liability Insurance focuses on negligence in respects to products and services. For example a claim may suggests the poor performance of a company or individual that influences a design decision by offering advice, educated recommendations or serving to represent others through services rendered.
This type of coverage is not to be confused with Directors and Officers Insurance which is concerned with claims against management performance. However, both insurance types are commonly placed alongside one another for maximum protection.
Bond Insurance is sometimes called Financial Guarantee Insurance. Its purpose is to cover losses from specified financial transactions. Otherwise put, it is an insurance policy that covers the lender from liability in the case that the borrower does not repay the loan. It can also cover losses concerning decreases in interest rates in the borrower's favor. In most US states, these policies do not cover mortgages and certain lines of credit.
If you have a need for Bond Insurance, contact Batchelor and Associates today to discuss options.
Special Events can be glorious, memorable times for promoting your company and/or involving large groups of people in your mission and efforts. On the flip side, you can't ignore the high level of risk involved anytime multitudes of people are brought together. It may be a festival, concert, corporate appreciation day, large scale meeting, a celebration or show, whatever, Special Event Insurance is a must to cover and protect companies from those unexpected occurrences. Don't let a lack of coverage damper your event, speak with Batchelor and Associates today to discuss you needs.