Business / Contractors / Restaurant / Workers Compensation Insurance

Business Insurance

The success of a business, whether it's a tiny enterprise run out of a basement or a large corporation, is largely dependent on hard work and ingenuity. However, no matter how industrious you are, one disaster can wipe out all your profits and even destroy your business. The key to making sure that all the effort and money you have invested in a business doesn't disappear when a disaster strikes is to protect it with the appropriate insurance.

Insurance companies selling business insurance offer policies that combine protection from all major property and liability risks in one package. (They also sell coverages separately.) One package purchased by small and mid-sized businesses is the businessowners policy (BOP). Package policies are created for businesses that generally face the same kind and degree of risk. Larger companies might purchase a commercial package policy or customize their policies to meet the special risks they face.

BOPs include:

1. Property insurance for buildings and contents owned by the company -- there are two different forms, standard and special, which provides more comprehensive coverage.
    
2. Business interruption insurance, which covers the loss of income resulting from a fire or other catastrophe that disrupts the operation of the business. It can also include the extra expense of operating out of a temporary location.
    
3. Liability protection, which covers your company's legal responsibility for the harm it may cause to others. This harm is a result of things that you and your employees do or fail to do in your business operations that may cause bodily injury or property damage due to defective products, faulty installations and errors in services provided.
    
   BOPs do NOT cover professional liability, auto insurance, worker’s compensation or health and disability insurance. You'll need separate insurance policies to cover professional services, vehicles and your employees
   © Insurance Information Institute, Inc. - ALL RIGHTS RESERVED

Why Deal With Us?
We have been selling business insurance since 1906. No one else in the area can say this. To be in business for over 94 years, we must be doing something right.

Contractors Insurance

Most contractors need certificates of insurance for contractors liability and workers compensation in order to start work on a job. We are agents of our companies and can type a certificate right away for you.

We have great pricing and service and can offer you special payment plans. In most cases we can give you an immediate quote.

Apartment Building Insurance

If your building is in nice condition, we definitely can save you money on your insurance. Our apartment package policies can cover you for fire, loss of rental income and liability. We offer additional liability up to $10,000,000.

We have the best pricing around and are Independent Agents. We can offer you more than one company. We do all the shopping for you. Why waste time? Call us today!

Workers Compensation Insurance

If you have employees or are a corporation or LLC, New Jersey law says you must have Workers Compensation coverage. Compensation coverage will properly cover you if an employee gets hurt.

In New Jersey, all Workers Compensation rates start at the same level. We offer special managed care discounts for you from 10% all the way up to 17% off if your business qualifies. Payment plans are available.

The workers compensation insurance policy includes two coverage parts:

PART 1 - Provides benefits to employees who are injured or suffer from a disease that arises out of and in the course of employment.

Types of Benefits include:
Medical Benefits
Income Benefits
Death Benefits

PART 2 - Employer’s Liability
Protects the employer against a variety of common law exposures for injuries that arise out of the course of employment. This coverage was designed to cover claims that are not subject to workers’ compensation laws. Such claims usually include claims made by the spouse or children of the injured worker or claims made by those who are exempt from the workers compensation policy coverage, i.e. minors.

The following types of claims are covered:
Minors pursuing remedies through civil law as opposed to workers compensation law.
Consequential injury to spouse or relative of an injured worker such as care and loss of services.

Restaurant Insurance

We offer one of the most competitive and comprehensive restaurant package policies in New Jersey! Not only can we save you a ton of money, we offer all the proper coverages you need for your restaurant, cafe or pizzeria. Also, payment plans are available.

Types of Coverage Available

Liquor Law Liability Fire Premises Liability Coat Check Liability Fire Legal Liability Loss of Earnings

Workers Compensation Employee Dishonesty Electronic Data Processing Up to 10 million on Commercial Umbrella Stock Spoilage Employer Liability

 
930 Washington Street, Hoboken, New Jersey 07030 • 201-659-2403 •  fax 201-659-0373
Licensed in: New Jersey, New York, PA, CT
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