Business Insurance

Our policies allow your business to remain functioning even when valuable property is jeopardized.

When business equipment breaks, it is essential to replace it as quickly as possible. Our expert insurance agents help find the right business property insurance to keep your company up-and-running at all times.

Business property insurance minimizes disruption during hours of operation. It helps you secure all the necessary funds to replace damaged, lost or stolen property.

If your business faces a third-party lawsuit, general liability insurance coverage preserves your business’ financial strength. Remco Agency’s insurance specialists help determine the right amount of coverage you need.

Business owners and independent contractors, who make deliveries, transport goods or provide transportation, benefit from commercial automobile insurance.

Small and large businesses choose commercial auto insurance to protect the value of their fleets, including:

• Passenger vehicles
• Vans, pickups and SUVs
• Flatbeds
• Box trucks
• Refrigerator and utility trucks

A commercial automobile insurance policy extends beyond what a personal automobile insurance covers. This insurance protects businesses’ assets in the event of an accident.

Workers compensation covers business expenses for lost employee wages and medical treatments that result from a work-related injury or illness. Workers compensation is mandated by law in nearly every state. However, rules and requirements may vary according to state.

Workers compensation protects businesses from the costs of employee-initiated lawsuits. At the same time, it provides employees with an opportunity to recover and return to work.

This policy activates when underlying insurance coverage limits are exceeded.

Umbrella liability insurance benefits businesses of all sizes since accidents and lawsuits are inevitable. It ensures businesses remain functioning when coverage limits of automobile, general liability or other insurances are exhausted.

This policy particularly benefits these types of companies that have significant assets, operate in a field prone to litigation or are often at risk due to the nature of their business.

This policy gives businesses a higher level of protection from lawsuits, accidents and other unexpected events like a slip and fall injury.

Remco Agency helps you select a policy that insures the cost of lawsuit expenses and damages. Professional liability insurance is recommended for occupations where clients pay for your expertise, advice and care.

Occupations include:

• Financial professionals
• Health and wellness practitioners
• Home remodelers
• Transportation businesses

Coverage varies according to job function.

It fills in the gaps in a business’ general liability policy by insuring financial losses, not just bodily injury and property damage.

Errors and omissions liability insurance benefits professionals in health care, engineering, real estate accounting, legal services and other industries. It protects businesses against losses caused by human error.

For example, if a physician fails to make a correct diagnosis, errors and omission liability shields the health professional and their institution from assuming a lawsuit’s costs and expenses.

Remco Agency helps your business select an individualized policy that covers the business owner, salaried and hourly employees and sub-contractors who work on behalf of the business.

This coverage allows executive officers to perform their duties without fear of personal financial loss from legal action. Directors and officers gain protection from lawsuits that result from their managerial decisions.

With added responsibility, directors and officers assume a higher level of risk. Directors and officers liability insurance provides necessary coverage of litigation expenses, monetary and property damages and more.

It provides liability coverage for lawsuits that result from the hiring and firing process, employee behavior and more.

Any size or type of business benefits from enrolling in this type of coverage, because no company is immune to the growing number of workplace lawsuits.

Employment practices liability insurance safeguards business assets that might not be covered by other insurance policies. It is an essential part of a business’ overall risk-management strategy that has fewer exclusions and limitations.

Builders risk insurance benefits developers, home builders and commercial contractors. It protects their investments from unforeseen risks during new construction or remodeling and renovations, such as a new kitchen. Until a project is complete, a building cannot be covered by a building insurance policy or a home insurance policy.

Remco Agency helps you select the right type of policy for your situation.

This coverage protects companies from third-party claims of liability and damages to their organization.

Cyber liability insurance safeguards companies’ personal or confidential communication. It offers third-party liability coverage for the loss of control of sensitive customer data.

Cyber issues result from three scenarios: natural circumstances, human error or intentional harm. Whether the disruption results from hackers or a power surge, cyber liability insurance provides comprehensive coverage of cyber risk.

Remco Agency understands every business has unique health care needs. We help your organization select group health insurance plans that are either self-funded or fully insured.

• Self-funded plans offer organizations predictable costs and asset protection.
• Fully insured plan options, which meet the minimum standards of the Affordable Care Act, feature variable levels of deductibles, coinsurance and out-of-pocket limits.

Enrolling in group health insurance today secures the health, productivity and retention of your greatest asset: your employees.

Employers, organizations and professional associations are typical enrollees.