Commercial insurance
A small claim can stop operations. Having a policy is not the same as having the right coverage — and the file should be reviewed as the business changes.
There are many exposures a business can face, and many policy forms that claim to address them. Jupiter Coverage helps owners and managers build a plan that matches contracts, locations, employees, and equipment — then keeps the file current.
Contact the office if you need help establishing or reviewing commercial coverage. This page is an overview, not a binder of insurance.
Commercial property is often one of the most important purchases a business makes. It is designed to help protect:
Liability coverage can provide a defense and indemnity when someone alleges the business caused injury or damage. Typical discussions include:
Workers’ compensation covers employees for on-the-job injuries. Businesses with employees are generally required by state law to carry it. Coverage typically includes medical and rehabilitation costs and lost wages, and in most cases workers’ compensation laws limit negligence lawsuits against the employer for work-related injuries.
Business interruption insurance is meant to help with lost earnings when operations stop because of a covered loss to buildings, equipment, or other insured property. Coverage is usually tied to a period of restoration and is often added by endorsement to a commercial property policy.
Key-employee insurance can indemnify a firm for the loss of earnings caused by the death or disability of a person whose knowledge or role is difficult to replace. Some lenders, including in SBA settings, may require this coverage before extending credit.
Depending on the operation, we also discuss packages, inland marine, equipment breakdown, cyber liability, employment practices, builders’ risk, spoilage, employee dishonesty, and errors and omissions. Tell us how the work is done and we will tell you which of those actually belong on the proposal.
