Businessowner insurance coverage is a two fold comprehensive insurance solution designed for small business operations. The package contains both General Liability and Commercial Property coverages.
General Liability coverages include Bodily Injury, Property Damage, Products Liability, Completed Operations Liability, Fire Legal Liability, and Medical Payments coverage. Additional coverages available via endorsement which enhance the overall coverage of the casualty coverage may include Employment Practices Liability, Employee Benefits Liability, and Hired/Non Owned Automobile Liability.
Business Automobile exposures include various risks from executive vehicles owned driven proprietors to large fleets comprised of light, medium, and heavy trucks.
A Business Automobile policy may be written on an "all automobile," "scheduled vehicle," or "hired & non owned" basis. Coverages include liability for bodily injury and property damage; uninsured and underinsured motorists liability; medical payments; comprehensive; collision; towing; and rental reimbursement.
Furthermore, carriers often provide enhancement endorsements to provide additional coverages such as loan/lease gap coverage; waivers of subrogation; after market equipment; and much more.
Inland Marine coverage is a specialized property type coverage for non traditional property. An inland marine policy can provide specialized and expanded coverage for electronic data processing hardware and software; business property in the course of transportation; and mobile equipment.
The risks for contractors most commonly include scheduled mobile equipment, miscellaneous tools, and materials to be installed.
Office exposures can often be better inured by purchasing inland marine coverage for computer systems. Electronic Data Processing (computer) Hardware and Software may be insured via an inland marine policy.
Retail, distribution, and wholesale operations may also have the need for an inland marine policy. Shipments via ground, air, and rail may be insured and controlled through the overall insurance program in lieu of per shipment insurance from common carriers.
Workers Compensation and Employers Liability coverages are insurance and must be treated as such. Claim management, experience modification accuracy, and proper employee classification require the expertise of an insurance agent/broker.
Paolino Insurance Agency Inc. offers diverse market access, expertise, and innovative payment options for Workers Compensation Insurance. The flexibility of options like "Pay as You Go" make Workers Compensation coverage more affordable and accessible for small business owners.
Excess / Umbrella Liability provides the additional layers of liability insurance over underlying exposures which are often required by business owners. Whether dictated by contract requirements or substantial assets, General Liability, Automobile Liability, and Employers Liability coverages will be expanded by the purchasing of excess liability.
Professional liability is an available coverage for a multitude of business operations. Whether looking a medical professional, contractor, or professional service, Paolino Insurance Agency Inc. will accommodate the insurance needs.
Purchasing professional liability coverage may not just be a license/legal requisite, but also demonstrates to clients an elevated level of dedication and professionalism. With market flexibility and strength our office can accommodate the most diverse professional liability risks.
100 Westminster Street
Providence, Rhode Island