Why I i need business insurance?
Browse business insurance coverage types
Coverage: Business property coverage can help when your business personal property is damaged by a covered event.
Coverage: Business personal property insurance can help you repair or replace covered business items, such as computers, tools and inventory.
Risk: You lose business income when you must temporarily close your company for repairs from a small electrical fire.
Coverage: Business income insurance can help replace lost profit up to policy limits. This may provide you with operating and payroll expenses that keep your company running.
Risk: A customer trips on a fixture at your business and is injured.
Coverage: Premises and operations insurance can help with hospital bills and damages — as well as coverage for your business if the customer sues for negligence.
Risk: A former client files and wins a lawsuit over work performed by your company.
Coverage: Products and completed operations insurance can help with the defense costs and — in some cases — the legal damages for which you may be responsible.
Risk: You lose confidential business and customer data when your computer system is hacked.
Coverage: Cyber liability and data breach can help provide you with legal and forensic assistance to attempt to recover stolen data, as well as ongoing data security consultation to help you manage cyber risks.
Risk: A disgruntled former employee — or even an applicant you didn’t hire — brings a legal action against your company.
Coverage: Employment Practices Liability can help cover your business entity, directors and employees if you are accused of wrongful termination, harassment, discrimination or other employment-related offenses.
Coverage For Risk Related To business building, Property, inventory or income
What Is business liability insurance ?. Protect against legal claims, damages, fees, and more
Insurance Coverage for theft of money and securities by employees or third parties?
Assistance for employees if an injury or illness occurs on the job.
Additional liability coverage that supplements an underlying policy.
Coverage that can help attract and retain employees, and prepare for business succession.
Coverage For Risk Related To business building, Property, inventory or income
Coverage: Employee dishonesty coverage can help if employees steal from your company — whether on their own or with the help of outsiders.
Challenge: Your office doesn't have many obvious risks — but you're not sure if your employees have had enough safety training.
Farmers response: From O S H A compliance to safety education, Farmers can help you improve safety practices and reduce risk. A stronger culture of safety helps you manage work conditions and your employees more effectively, which can help improve profitability.
Challenge: You're concerned about the negative impact of fraud on workers' compensation costs.
Farmers response: Farmers adjusters work with industry healthcare experts to review, identify and re-price questionably dishonest medical bills.
Challenge: You want to know if employees recovering from injuries can perform their jobs with temporary modifications.
Farmers response: By speaking with an employee's treating physician and work supervisor, adjusters can help identify physical limitations and the availability of appropriate modified duty
Risk: An elderly customer is injured when she trips on frayed carpeting while visiting your business. Her medical costs are substantial — and exceed the limits of your liability policy.
Coverage: An umbrella policy can help when the costs of a claim surpass the limit of your underlying liability policy
Risk: You accept what appears to be a perfectly legitimate money order. A few days later, your bank tells you it was counterfeit and immediately debits your account.
Coverage: Money order and counterfeit paper currency coverage can help if you accept counterfeit bills or money orders as payment.
Challenge: You operate in multiple states, each of which administers workers' compensation differently.
Farmers response: Farmers' highly experienced adjusting team can deliver injury management strategies that comply with the complex maze of state administrative laws.
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