business insurance

Commercial and Business Insurance

Business Owners face unique risks, we can help!

BUSINESS OWNERS POLICY (BOP)

If you own a business, chances are that you have invested a lot of your precious time and hard-earned dollars in making it successful. The only way to make sure that your business will continue to grow and succeed, is to insure it. A business owners policy can be tailored to fit the unique needs of your business.


COMMERCIAL AUTO

Whether you have one vehicle or a whole fleet, we can help you implement custom coverage that will protect your business and personal assets from the additional exposure that commercial vehicles bring with them.  When obtaining commercial car insurance, you can usually get much higher liability coverage to reflect the fact that a business typically has more assets at risk than an individual would.


GENERAL LIABILITY

Every business needs to protect themselves from accidents or injuries that may occur on their business grounds. General Liability insurance coverage can protect your business from these unexpected expenses.


WORKERS COMPENSATION

Business owners have a legal responsibility to their employees to make the workplace safe.  However, accidents happen even when every reasonable safety measure has been taken.

Workers compensation insurance covers workers injured on the job, whether they’re hurt on the workplace premises, or at other job sites, or in auto accidents while on business.  


INLAND MARINE

Inland marine insurance is coverage that protects your business property while it’s away from your business location.  Inland marine insurance tends to be customized to your specific business needs.


E & O COVERAGE

Errors & Omissions (E&O) insurance is a form of liability coverage that protects your business from claims of professional negligence. 

Even suits with no merit that are filed can damage your business if you're not protected. At All American we don't leave you to fend for yourself. We'll help you evaluate your E & O protection on an ongoing basis to make sure you have the right policy at the right price for your particular business needs.


BONDS

A Surety Bond is a three-party agreement whereby the surety guarantees to the obligee (the project owner) that the principal (the contractor) is capable of performing the contract in accordance with the contract documents. Performance of the contract, which is the subject of the bond, determines the rights and obligations of the surety and the obligee.

Here are the eight different families of surety bonds:

  1. Fidelity Bonds
  2. Public Official Bonds
  3. Judicial Bonds
  4. Fiduciary Bonds
  5. License and Permit Bonds
  6. Contract Bonds (Bid and Performance Bonds)
  7. Miscellaneous and Federal Bonds
  8. Notary Bonds

All American Insurance offers free, comparative quotes on surety bonds from multiple insurance carriers so you can get the best possible rate.


Business Income (Business Interruption Coverage)

This coverage reimburses a business owner for lost profits and fixed expenses during the time that a business is closed. It applies while the premises are being restored because of damage from an event, such as a fire. Business income insurance may also cover financial losses that occur if civil authorities limit customer access to your neighborhood or business after a disaster.

Learn More

Business owners face unique types of risk, most of which are not covered by standard insurance. All American Insurance Brokerage works with the business owner to identify gaps in coverage, develop strategies to mitigate exposure, and cut costs.