 Charlie
Kentucky Insurance Agent |
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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 business owners 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:
Property insurance for buildings and contents owned by the company --
there are two different forms, standard and special, which provides more
comprehensive coverage.
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.
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.
Charlie Pinson Insurance is a Kentucky Independent Agency. We are skilled
at evaluating Kentucky Small Business Insurance. Our agency works with commercial
auto insurance, group health insurance, worker's compensation, and a variety
of
employee benefits including disability, vision, dental, and group life
insurance.
Every Kentucky small business is different. A BOP application contains
well over twelve pages of questions. Here are a few of the questions which
will be asked.
Year business established
Federal Tax Number
Type of building including sq. footage
Type of business and what are daily activities
Number of Employees
Gross Revenue
Gross Payroll
Call our Pikeville KY insurance office at 606 433 0031
for Kentucky Insurance quotes and service
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