Insure your business to ensure your ability to protect your income.
Business and Commercial Insurance
Simplified – Comprehensive – Package Policies
Business Owners Policies are designed to include common and important coverage options needed by businesses with operating locations. This includes:
- Building and Property Coverage
- Liability Coverage
- Employers Liability Coverage
- Loss of Income Coverage
- and more…
Home-Based Businesses
Homeowners policies usually exclude liability related to income producing endeavors. A commercial general liability policy will serve to provide home based businesses with needed protection.
Contractors
The Idaho Bureau of Occupational Licenses usually requires that you maintain a Commercial General Liability policy with a minimum of $300,000 coverage. The cost of coverage varies based on the contractor’s specialty and the volume of work, as determined by estimated gross income. Most jobs require that a contractor show proof of coverage and provide a certificate of insurance. Contractors may also obtain the following coverage as part of the same policy:
- Builders Risk – Protects a structure while it is under construction.
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Installation Floater – Covers materials that have been delivered but not yet installed.
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Tools – Covers hand and power tools owned by the contractor and used at job sites.
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Mobile Equipment – Insures equipment such as tractors, excavators, and other machinery, whether owned or rented.
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Vehicle Coverage – Covers work trucks and trailers used by the contractor.
Workers Compensation
If you have employees, you are required by law to carry workers’ compensation insurance. There is a criteria list that defines an employee versus a sub-contractor, regardless of the title you assign. We can help you determine the correct classification and make securing workers’ compensation coverage simple and straightforward.