Commercial Insurance

H N Christensen Insurance offers the following types of commercial policies to the construction and food industries; building trade, general, specialty and sub-contractors, building owners; non-profits; and small businesses. Let us know how we can help you!

Business Automobile

A Business Automobile insurance policy provides coverage for a business’s use of cars, trucks, vans, and other vehicles in the course of carrying out its business. Coverages are designed for vehicles owned by the company. Vehicles leased or hired by the company, non owned or employee-owned vehicles used for business purposes may also be included. Unlike a Personal Automobile insurance policy, a Business Automobile insurance policy can be endorsed to comply with contractual requirements of ‘your’ clients.

Business Owners

A Business Owner’s Policy combines business property, loss of income, liability and other lines of insurance into one policy. Coverages are specifically designed for small and medium-sized businesses with office, retail, restaurant, service or property owner’s exposures. Most Business owners’ policies include supplemental coverages such as employee dishonest, money & securities, outdoor signs, and property off premises.

Cyber Liability

Cyber Liability insurance is designed to cover your business’ liability and business interruption for claims arising out of a data breach involving sensitive customer information. “Customer information” includes social security numbers, credit card numbers, account numbers, driver’s license numbers and health records. Included coverages are expenses such as customer notification, credit monitoring, legal fees, and fines.

Difference in Conditions

A Difference in Conditions policy provides expanded coverage for some perils not covered by a standard commercial property insurance policy. In most cases a Difference in Conditions policy provides coverage for only flood and earthquake exposures which is not covered by a standard commercial property insurance policy. Each Difference in Conditions policy is different depending upon the insured’s needs and the insurance company’s policy forms.

Earthquake – Commercial

Earthquake insurance covers losses and direct damages that earthquakes can cause to your commercial property. Lines of business that can be included are building, business personal property and loss of income. Indirect damages caused by an earthquake, such as fire and water damage from bursting water and/or gas pipes is covered by a standard commercial property insurance policy. Earthquake insurance deductible are usually 5%, 10%, 15%, 20%, or 25% of your insured values.

Employment Practices Liability

Employment Practices Liability insurance addresses claims made or law suits filed by employees against employers. Employment related causes of loss include but not are limited to age discrimination, breach of contract, discrimination, email liability, emotional distress, failure to promote, false imprisonment, gender discrimination, harassment, illegal background checks, internet liability, invasion of privacy, pregnancy discrimination, racial discrimination, retaliation and hostile environment, sexual harassment, social media, spousal liability, third party discrimination, wage and hour law violations and wrongful termination, Every employer has an Employment Practices Liability exposure. Illegal acts are not covered by an Employment Practices Liability policy. Not all Employment Practices Liability policies are the same. Included coverages vary from insurance company to insurance company.

Equipment / Inland Marine

Equipment Insurance is a type of commercial property insurance designed for moveable or specialized property It provides coverage while the property is stationary, being transported or is temporarily off premises. Types of business property include are cargo, contractor’s tool, equipment, freight, materials, and shipped goods. Not all Equipment / Inland Marine policies are the same. Included coverages vary from insurance company to insurance company.

Errors and Omissions

Errors and Omissions is a type of professional liability insurance which helps protect professionals against their errors and/or omissions that cause financial damage to their clients. Businesses involved in sales or services in the following fields – advertising, architecture, barber/beauty, billing, consulting, design, diet, education, engineering, events, financial, food, health care, human, inspections, IT, legal, medical, management, marketing, notary, public relations, professional, programmers, real estate, recruiting, research, security, software, taxes, teaching, therapy, training, travel all have a professional liability exposure.

Excess Liability – Commercial

Commercial Excess Liability and Commercial Umbrella liability policies are often confused as the same thing. They are not. They are two different coverage types. An Excess Liability insurance policy provides specific coverage limits above an underlying limit of ‘primary’ insurance. These policies are usually written on a ‘following form’ basis and do not broaden the coverages provide by the ‘underlying’ policy(ies). The types of insurance policies that an Excess Liability policy can be written over are business auto liability, general liability, professional liability and workers compensation.

Flood – Commercial

Flood insurance covers losses and direct damages that floods can cause to your commercial property. Lines of business that can be included are building, business personal property and in some cases loss of use. Flood insurance coverages and pricing is regulated by the Federal Government through The National Flood Insurance Program (NFIP). There are ‘private’ insurance carriers who depending upon circumstances will offer to write Commercial Flood Insurance. – See Difference in Conditions

General Liability

Commercial general liability insurance provides liability insurance for bodily injury and property damage caused by ‘your’ business operations’. Commercial General Liability insurance is designed to protect your business when someone is injured on your property, or by your product. It can also offer you protection if you are accused of libel or slander, or when a lawsuit results from these types of third-party damages. Every business including landlords should carry Commercial General Liability insurance.

Installation Floater

An installation floater is an insurance policy that covers personal property while it is being fabricated, erected, or installed by a contractor. The property is covered by the Installation Floater until the installation is complete and the work is accepted by the purchaser, or when the insured’s insurable interest in the property installed ceases.

Professional Liability

Professional liability insurance is type of policy designed to protect businesses against their neglect or mistakes that cause financial damage to their clients. Type of Professional Liability include – directors and officers, errors and omissions, medical malpractice. Businesses involved in sales or services in the following fields – advertising, architecture, barber/beauty, billing, consulting, design, diet, education, engineering, events, financial, food, health care, human, inspections, IT, legal, medical, management, marketing, notary, public relations, professional, programmers, real estate, recruiting, research, security, software, taxes, teaching, therapy, training, travel all have a professional liability exposure.

Property – Commercial

Commercial Property Insurance covers the damages or loss to the physical assets of your business. These assets can include structures or buildings, equipment, fixtures, furniture, inventory, personal property, supplies and tools. Commercial Property Insurance can also include property and equipment off premises or that isn’t yours but is in your care and custody.Loss of Income and Extra Expense coverages are written and can be included on a Commercial Property Insurance policy.

Umbrella – Commercial

Commercial Umbrella Liability and Commercial Excess Liability policies are often confused as the same thing. They are not. They are two different coverage types. A Commercial Umbrella Liability policy is a type of an Excess Liability insurance policy which also provides coverage above an underlying limit of ‘primary’ insurance. Unlike a Commercial Excess Liability policy, a Commercial Umbrella Liability policy can be written to include coverages that are not included in the ‘underlying’ policies. The types of insurance policies that a Commercial Umbrella Liability or Commercial Excess Liability policy can be written “over” are business automobile liability, general liability, professional liability and workers compensation.