If you have five employees or fewer, Hiscox may be perfect for you. They were specifically designed for very small businesses, and they operate in all fifty states, including New York. They have a full range of business New York commercial general liability insurance products, so if you need more than just general liability, they can accommodate you. You can pay all at once or in installments, and you can get a discount of 5% for home-based businesses and a 5% discount if you bundle policies.
Mental injuries and emotional distress can be considered bodily injuries, even in the absence of physical bodily harm. Unlike workers compensation insurance and commercial auto insurance general liability is not required. You could buy a stand-alone policy or combine general liability insurance with property insurance. While the law may not state it, there’s a good chance you need to carry other business insurance policies in addition to workers’ comp. Many contracts require a general liability policy and/or a professional liability policy.
If your business is certified or accredited by a professional organization, you might also be required to keep your general liability insurance active. If you have employees, Stork Insurance recommends considering this type of coverage. New York Liability insurance covers the costs of legal fees, including court costs and the resulting award, if any is made. Imagine the peace of mind you gain by not having to worry about the attorney costs as the liability case grinds on. If a customer comes into your brick-and-mortar store and slips and falls, general liability insurance will cover you.
Combine general liability and commercial property into one policy to protect your business. Upgrade your general liability coverage to protect any gear that’s stolen, damaged or lost. With NEXT, you can purchase affordable general liability coverage online and get your certificate of insurance 10 minutes, or less. Several factors influence the price you’ll pay for coverage, including your industry, the size of your business and how much coverage you want to purchase. Having business liability insurance means that instead of feeling nervous about what could happen, you can concentrate on growing your business.
Commercial Auto – The moment you start using a vehicle to do business, even if it is just driving to and from the job sites, you have to insure them on a Commercial Auto insurance policy. A Personal Auto insurance policy will exclude any claims that involve vehicles being used for business. Be sure to get your vehicles insured properly, because you don’t want to end up having to pay for a claim out of pocket, especially if it is a severe accident. Also, if any of your employees are using their own vehicles be sure to add Hired and Non-Owned liability. Unfortunately, if your employee is at fault in an accident while working for you, you could be held liable. Please remember, this does not pay for their auto, just for your liability.
Being covered means you can focus on growing your company without worrying about expensive insurance claims. Coverage is typically capped at a specific dollar amount for your policy period. Commercial Liability Insurance is not mandatory for businesses operating in New York. If you own property or other valuable assets you would be wise to invest in sufficient commercial general liability coverage for your business to limit your risk exposure. The insurance products on (the “”Site””) are underwritten by different carriers dependent on the relevant line of business – see huckleberry.com/carriers. New York state law requires every business that has employees, full-time or part-time, to carry workers’ compensation.
Small BusinessProtect your company and employees with NY commercial insurance. Read informative articles on New York small business insurance coverages – and how they can help shield your company from legal liabilities. General Liability Shop does not sell leads like many other online websites offering general liability coverage in New York. Every agent on our staff gets over 150 hours of annual training regarding our business insurance products and programs. We’re an independent agency representing more than 35 national and regional commercial insurance companies.