COVERAGE THAT PROTECTS YOUR BUSINESS!
At Syzygy Insurance Brokers, we’re dedicated to keeping your business protected, large or small, so you can focus on running things without having to worry. With the right insurance plan, your company will be covered from all sides.
We have access to dozens of the best companies and plans. Every business has different needs, but rest assured we’ll take the time to get you the right coverage. Our local support is also here for you, so you can put a face to a name. At Syzygy you’re more than a policy number.
WHAT ARE THE TYPES OF
COMMERCIAL INSURANCE?
Property
Property insurance protects your business’s buildings and the personal contents inside of them. Many products offer additional coverage for loss of rent, business interruption, inflation guards, etc. Even if you do not own the building you occupy, you should purchase a property insurance policy to insure your personal contents in the building.
General Liability
General liability insurance provides protection for your business in the event of a lawsuit. Should you face litigation, this policy ensures that defense costs and settlements are covered up to whatever limits have been set by it. Some liability policies provide additional coverages for properties rented to you, medical payments, and some hired/non-owned auto liability.
Workers’ Compensation
The Workers’ Compensation Insurance is a form of workplace protection that many employers purchase to cover the cost and risk associated with employee injuries. It provides medical benefits, wage payments for work-related injuries sustained on site at your place of business as well as providing legal assistance if necessary so you avoid any lawsuits against you after/if something goes wrong as an employer.
Commercial Auto
Auto insurance offers coverage for both automobile liability and property damage. The auto-liability protects a company from any lawsuit stemming from the use of its vehicles, so it’s important to have this kind of policy in place. Property damage protects a company from any damage to the cars of a company subject to a deductible. Overall, the commercial auto policy combines liability insurance and property insurance regarding the company’s use of automobiles
Business Owners Policy (BOP)
Insurance Business owners often bundle their business with an insurance policy to save on costs. However, some carriers offer discounts for purchasing multiple policies together so it’s worth looking into these packages if you need the protection of several different types of coverage in one package
Professional Liability
Insurance Professional liability insurance is coverage that protects business professionals such as attorneys, consultants, and accountants from claims of negligence or misconduct related to the services they provide. It’s often referred to as errors and omissions (E&O) insurance.
Umbrella Commercial
Insurance Umbrella commercial insurance is designed to be on top of commercial general liability (CGL), commercial auto insurance (or hired and non-owned auto), workers compensation, employee benefits liability, and often provides umbrella protection over several locations and properties.
Inland Marine
Insurance Inland Marine insurance is a type of insurance on property that covers movable types of property in transit over rivers and land.
