Select The Right Business Insurance For Your Firm

photo_59584_20160110The world is changing, and US Select Insurance understands the issues facing Mississippi businesses. There is constant competition for your customers, there are challenges in attracting and retaining top talent, and your cost of goods keeps going up. Part of your planning should include an annual business insurance review. Your Mississippi business changes, and so do your exposures. Here are some of the major kinds of coverage found in most business insurance programs.

Commercial Liability

  • Bodily Injury– Bodily injury to a third party.
  • Property Damage– Damage to a third party’s property (equipment building etc.).
  • Personal Injury– Injury to the mind or emotions, as opposed to an injury to property.
  • Advertising Liability– Damages arising out of advertising, libel, slander and invasion of privacy.
  • Products & Completed Operations– Liability arising out of products you sell or business operations and services conducted, excluding professional services.
  • Premises-Covers liability arising out of injury to third parties while on your premises.
  • Management Liability – This might include cyber, employment, and professional liability coverage. Directors and officers liability also might fall under this category.
  • Umbrella- Provides excess liability over primary auto and commercial liability policies.
  • Pollution- Coverage for accidental release of pollutants.

Business Auto

  • Covers vehicles owned by the company for business use
  • Can include comprehensive and collision

 Commercial Property

  • Buildings & Equipment –This covers most property on or near the business premises that is used in the business. This would include such things as machinery, computers, raw materials or inventory.
  • Business Income & Extra Expense- If your main business premises are destroyed along with much of the property you used to operate, business income will provide funds to cover lost revenue. Extra Expense provides the cost of a temporary location and other related expenses.

US Select Insurance is an Independent Insurance Agency specializing in writing a complete range of insurance products from Business/Commercial to Personal.  As a business owner, you have enough on your mind without having to worry about your insurance needs. You want to have the confidence that the business you’ve built is covered by a company that understands your business insurance needs.

January 6th, 2017 by US Select Insurance LLC