Business owners in the Northampton PA area might already know that insurance coverage of some type is necessary, but not everyone knows very much about the details of commercial insurance plans for businesses in Pennsylvania. Essentially, this type of insurance plan is designed for protection of your company, and it will accomplish this is several different ways.

First, commercial insurance coverage will be your company’s primary legal protection from lawsuits and other legal actions. If one of your customers claimed that they were injured while they were on your property (or even while they were using a product you made while not on your property) they could potentially be awarded a very award in court. Your commercial coverage is there to pay for those costs, as long as they are proven to be legitimate damages in court.

In the event that a person tries to claim false damages, your insurance company will defend you to prove that you (and by extension, your insurance company) don’t owe any damages since the claim is not legitimate.

The majority of business owners who seek out commercial coverage also need to get property coverage. This is often included as one of the main parts of your commercial policy, and it will cover not only the land and buildings where your business is, but will also cover all your business equipment (and anything else that is on your business property.)

Many business owners also have employees, and for those people worker’s compensation insurance is usually included within the commercial policy. The state of Pennsylvania does require that company owners have this type of coverage, so it is dual protection: It protects your company and it keeps you legal.

Don’t get caught without the level of commercial insurance coverage you need. Instead, you can easily compare quotes with our Saucon Insurance Agency representatives in just minutes. We can help you find out the options you need to ensure your company and your employees stay safe and secure.

There’s nothing like the feeling of the wind blowing through your hair as you hit the open road on your bike. But before you can listen to that engine purr, you’ve got to attend to some paperwork like making sure you have the insurance coverage you need to protect you when you’re out there enjoying the sunshine on the roads around Allentown, PA.

Finding the perfect motorcycle insurance policy doesn’t have to be a headache in fact, after a little research and comparing of quotes, it’ll be no time at all before you’re out on the highway.

1. Know the state minimum requirements.

Check with the Pennsylvania Department of Transportation or a local insurance agent to make sure you purchase the minimum required liability coverage for motorcycles in the PA area. If you’re new to biking (or new to the state), it’s also a good idea to brush up on motorcycle laws in PA, as well regulations about helmet use and other protective wear varies widely from state to state.

2. Compare quotes and coverage options.

Like regular auto insurance, you’ll have lots of options for motorcycle insurance policies from basic liability insurance to policies that cover collision, personal property damage, and medical expenses in case you’re in a wreck. Take the time to list the types of coverage you definitely want to have, then compare a few different policies to find the best deal. when in doubt, talk to an independent insurance agent to get an idea of what the different types of policies actually cover and what they’d suggest for you.

3. Read your policy well.

Before you sign on that dotted line, make sure to read all the fine print and if you don’t understand exactly what is and isn’t covered, ask your insurance agent to clarify. Now is the time to make sure you know what you’re getting into and what your investment will pay for.

Commercial or business insurance for small business in PA is a crucial investment in your business. This is because it gives you financial coverage if an accident or an unexpected event threatens your company’s well-being. It affords you protection in several areas and can help make sure your business remains financially sound if you suffer a loss or if you’re liable for a customer’s or business associate’s injuries.

What You Need To Protect

You can get commercial insurance to protect just about every aspect of your business. Popular policies include the following:

• Automobile Insurance
• Business Interruption Insurance
• Errors and Omissions Insurance
• Fidelity Bonds
• Property Insurance
• Workers Compensation

This list is not all-inclusive, and you might not need every policy listed. For example, if you don’t have employees, you don’t need workers compensation insurance. Some areas are critical. For example, if your clients dependent on your advice to make financial decisions, errors and omissions insurance is a must have. This is because if you give advice that causes your clients to lose a lot of money, they might sue you. Errors and omissions insurance takes care of your legal and court fees. And, if your found liable, it pays the damages.

Compare Scenarios

Given the many areas that you need to protect when you own a business, you might worry about the cost of insuring it all. Don’t put off getting insurance because you fear the cost. Instead, try out the quote system on our website. You can use it to compare quotes, mixing and matching several coverage scenarios.

It is crucial that you get adequate insurance for your business. This makes it equally important to work with business insurance agents. Call us today. As your small business insurance agents, we can show you the areas where you might be vulnerable. We’ll then help you choose policies that protect you when unforeseen events occur.

A septic system backing up is a problem that may not be part of a basic commercial insurance policy, so you may be recommended to purchase coverage against the potential threat. When you purchase a commercial policy that includes sewer backup coverage, you may assume that it will always pay for the damages to the property. Unfortunately, the situation can play a role in the options that are available for your company property.

A Backed Up System

In most cases, the additional protection will pay for any damages that are directly related to the sewer backing up and damaging the property. The coverage is specifically designed to address the possibility of a backed up septic or sewer system, so your business property may be protected from some basic damages.

In the Case of Flooding

Even though you may be covered in most situations, it is possible that any sewer or septic system that backs up into your company property during a flood may not be covered. Many commercial insurance policies can have limitations on the coverage that is provided for flood damages, so your policy may or may not cover a backed up septic system if it relates to a flood in the area.

When your insurer has limitations on flood damage, it is possible that your property is not protected in that particular situation. Insurers vary, so the details of your plan and the situations that may be covered can differ between companies and policies.

A sewer backup policy is only one area of coverage, but it can help in certain situations. Depending on your plan, it may or may not cover damages to your property. Contact us to talk to an agent for more details about your options and commercial coverage.

Purchasing a business insurance policy that is appropriate for your company in Bethlehem, PA can seem complicated. There are many different factors that you may want to consider, including the possibility of facing a lawsuit if you fire an employee. Any business that hires employees should consider purchasing a business insurance policy with employment practices liability protection.

What is Employee Practices Liability?

Although liability protection is necessary for most companies, it may not be necessary to purchase a plan with employee practices protection. The liability plan is designed to address concerns associated with the termination of employees for any reason.

The reason that you may want the protection is related to discrimination laws. The plan is designed to address particular concerns regarding lawsuits when your employees decide that they have been wrongfully terminated due to discrimination or a similar concern.

Protecting Your Company

Business insurance is designed to address the concerns of your company, so it is important to select a plan that addresses several problems. If you do not have any employees or do not plan to hire employees in the near future, then it may be possible to wait on an employee practices liability plan.

Any time that you have hired employees, you want to take measures to protect your company and your workers. Depending on the nature of your business and the services that you provide, the best type of plan to address your concerns may vary.

Taking measures to protect your company means that you may need to purchase some liability protection. Protecting your company from discrimination or wrongful termination lawsuits will require some protection in the form of employee practices liability. Contact us to talk to an independent agent for more information about business coverage and the plans that may be appropriate for your company.

Running a business from home provides a variety of benefits, particularly when it comes to the costs and expenses that are associated with the company. Unfortunately, a home-based business does not necessarily mean that you can overlook liability coverage on your business insurance policy. Liability protection is not based on the location of your company, but on the nature of your products or services.

Evaluating Risks

The risks associated with your business are the key factor to determining how much liability protection you need to purchase on a business insurance plan. For example, if your business sells a beauty product online, then you may need to consider the risk of allergic reactions or accidents associated with those products. Liability protection will help ensure that you are not paying for those medical bills personally.

Since risks can vary based on the type of business that you are running, the amount of protection that you need to purchase can depend on several factors.

Accidents on the Property

Even though accidents on your property is usually covered by any insurance that you may have on the property, read your policy thoroughly before you assume that you do not need liability coverage for the possible injuries that may take place in your home.

Some insurers may have limitations or exceptions on the policy that prevent you from making a claim on your property protection. A liability policy may still be necessary if your clients come to your home.

Home-based businesses may offer some benefits, but they do not necessarily limit the insurance that you need. It may still be necessary to purchase coverage for liability concerns. Contact us to speak to an agent for more details about the coverage options that are available for your company.

Obtaining insurance is an important part of caring for your business in Bethlehem, PA. Although the details of your basic plan may vary, it is often a good decision to purchase business interruption insurance for additional protection against the loss of income when a disaster occurs.

Basics of the Plan

As the name suggests, business interruption insurance is designed to address the concerns of a company when it is not possible to run the business for a specific period of time. It covers the loss of income after specific situations arise so that the business does not face financial strife when it cannot serve customers for any reason.

Depending on the plan that you purchase, the situations that are covered and the particular details of making a claim may vary. Some insurers may have a limitation on the amount that you can claim based on the number of days that your business is closed, so read your policy to determine the amount that you can claim on your account.

Combining the Coverage with Other Plans

Even though the policy can help reduce the financial risks of a company, the plan has the most impact when it is combined with property protection and other forms of insurance based on the type of company that you are running and the assets that you own.

The policy is designed to pay for the loss of income that you may face after a natural disaster or a similar problem occurs. It will not pay for any damages to company property or similar expenses.

Protecting your business requires the right types of insurance to avoid unnecessary risks and hassles. In many cases, business interruption insurance is a useful way to avoid financial strife while your business rebuilds after a disaster. Contact us to talk to an agent for more information about your coverage options.

Most businesses need insurance, including those in Bethlehem, Pennsylvania. By working closely with your independent agent, you will be able to learn which types of insurance are right for your specific needs. Most importantly, you need to consider what risks your business faces and, as a result, which types of insurance are necessary to protect against those risks. Every business is different.

No Assets?

If your business does not have assets, you still may need insurance. For example, you will likely need liability coverage. Virtually all businesses need this type of protection. It helps to protect your business, and in some cases your personal assets, from lawsuits that may occur when a product or service does not meet the needs of the customer. If you are a contractor, for example, a mistake on the job, even by an employee, may cause damage to the property or even injure the client. When this happens, and the client suffers losses, you may be responsible for those losses. A single lawsuit can often times lead to costly fines and lawsuits.

In addition to this type of commercial insurance, your business may also need workers compensation. If you have employees, this may be a requirement within your state. Even if it is not a requirement, having workers compensation coverage can help ensure every employee is protected should someone become injured.

It is also important to talk to your independent agent about your need for coverage that covers your losses, such as damage to inventory or events that close your business for a short period of time. Even if you do not have major assets, your business may still need insurance protection. By talking to your agent, you can learn more about the types of insurance that may be right for your individual situation.

If a storm hits the Lehigh Valley and causes a power outage, your focus should be on simply staying safe until the bad weather passes. Of course, lost revenue could negatively affect your business and even your ability to pay your personal bills. But with the proper insurance coverage, you can put these concerns out of your mind and pass the time as pleasantly as possible until your power is working again.

Commercial insurance is intended to protect businesses from property damage and other losses, much as homeowners’ insurance protects individual homes. If your Bethlehem, Pennsylvania, business is forced to shut down due to a power outage, you’ll worry about how you are going to cover the loss of business during this time. One possibility is that your commercial insurance will cover those losses. However, it isn’t safe to assume that it will. Talking to your independent agent and developing a commercial insurance plan with the appropriate types and amounts of coverage before a power outage occurs is the best way to make sure that you don’t suffer from lost revenue.

Utility interruption coverage falls under your business interruption coverage. It covers the loss of revenue you experience from not being able to operate your business for a period of time. However, business owners should keep in mind that, depending on their policy details, they may be without power for up to three days before their utility interruption coverage kicks in. Physical damages that occur from the power outage, however, fall under property damage coverage. Discuss both utility interruption coverage and utility services direct damage coverage with your independent insurance agent to make sure you have all the coverage you need before the next blackout or downed power line occurs.

Insurance in Northampton County, Pennsylvania is designed to protect the financial interest of companies and people alike. Banks and hospitals are at great risk for major losses financially if something was to happen to the company or the people that work for them. Here the types of insurance that banks and hospitals should look at having to protect their financial interests.

Insurance for Banks

Banks have a lot of things that they are responsible for. Some types of insurance that the bank will want to have may include:

· Workers Compensation – This benefit covers an employee that gets injured while on the job. The injury could be as simple as a fall or as complicated as multiple fractures that will require rehab and a long recovery.

· Mortgage Insurance – Covers the lender if the property is damaged or the borrower fails to repay the loan. If the property is vacant or foreclosed on, then this covers for damages that are peril related.

· Liability Coverage – This insurance covers any injuries to customers that are robbery related or just hurt while on the premises.

Insurance for Hospitals

Hospitals are places that have a lot people coming and going and that care for well-being for others. Here are some insurance basics that they will want to consider:

· A hospital will need to have worker’s compensation to cover the injuries to their employees.

· Liability insurance for medical facilities protects workers from malpractice, equipment failure and other things that the hospital could be responsible for.

· Disability insurance takes care of issue related to people who have been laid off for circumstances that are not their own fault.

If you live in Bethlehem, PA and have questions about commercial insurance, then you need to contact your own independent agent today. As your agent we can help fit you with the best insurance for your needs. It’s important that you give us a call so that we can give you specific details for your circumstances so your needs are met in the right way.