Business insurance is a risk management tool used tot transfer the financial risk of running a business from the business owners, and shareholders, to the insurance companies that premiums are paid too. The common business liabilities covered are slip and fall, employee liability claims, products completed, false advertising, and unintentional physical damage. The common physical risks include damage to the property from fire, windstorm, vandalism, water, and more. This also includes operational time loss for rent and other vender expenses. Additionally, business life insurance is an important, but often overlooked piece to your insurance plan. Business insurance coverage is a vital piece of your business management plan, and in many cases required by shareholders, landlords, vendors, and distributors.
American Insurance Advisers can insure your business with the biggest and best insurance companies available, and with cost always in mind. After all, it is good business sense to manage cost! Give us a call and we will schedule a risk analysis, prepare proposals for the necessary levels of coverage, and discuss how we can customize your plan. You will feel comfortable and secure with American Insurance Advisers as your insurance agency.
Workers compensation insurance is a form of liability insurance that is used to pay claims on behalf of an employer in the event one of their employees are injured on the job. There are some circumstances where a company can be exempt from the Florida requirements to purchase workers compensation insurance, but it is not recommended. If an employer chooses to not carry workers compensation, and an employee is injured on the job, the employer will be held liable for the injuries for life.
Business life insurance is a financial tool used to protect the controlling interests of a business. Life insurance can be used to protect officers and shareholders from the untimely death of a key person or one of the controlling interests. These types of contracts are often described as key-person, or key-man, life insurance and buy-sell agreements. These policies can be written as term life insurance or permanent life insurance, depending on the purpose and function the policy is meant to serve.
Property insurance insurance a business’s property, meaning buildings, contents, and property in the care, custody, and control of the business. The biggest factor in writing business property insurance is the need for windstorm insurance. Windstorm insurance is the biggest factor in determining premium, and specific updates to a building’s roof and openings can help mitigate these premiums.
Liability insurance can be broken down into two primary categories: general liability insurance and professional liability insurance. General liability insurance covers broad liability risks for a majority of the industries in need of liability insurance. Professional liability covers liability for specific professional licenses.
“George is one of the best individuals in the agency business. He is honest, hard working, loyal and goes the extra mile for his clients. I have been involved in multiple projects with George and have always had great experiences.”David Wilson
“George is a top notch insurance agent serving both the personal and commercial communities. He listens to your needs and concerns before suggesting anything. His years of experience make you feel comfortable with his advice. I would highly recommend George if you need help deciding on homeowners, auto, health or retirement income insurance.”Bill Helmke
“We at Pendl Electric have been using American Insurance and Financial Services for the past few years. All of our insurance needs are able to be streamlined into one company. General Liability, Commercial Auto, Workman’s Compensation, I even have my personal homeowners insurance policy with them. Their professionalism and ability to provide one on one services are unmatched in the industry. We have been through many different insurance companies through the years and have truly found a home with American Insurance. I would highly recommend them for all of your insurance needs.”Michael D. Pendl