Insurance Center of North Jersey believes that it’s important to serve not only the people who live in the community but also the dedicated local businesses that make this sense of community possible.
Business insurance (also known as commercial insurance) is something all businesses need in order to protect themselves from perils of all kinds. While located in Bergen County, NJ, we provide commercial insurance to businesses throughout NJ, NY, and PA.
We have 80 years of experience serving North Jersey and beyond. With that kind of experience, we’re able to identify the unique needs of businesses throughout the interior regions of the state and the New Jersey shore, as well as according to several specific industries we offer coverage for.
Who Needs Business Insurance?
All businesses need insurance. Whether to protect the business structure from storms, vandalism, and other destructive forces, or to protect your business interests against liability suits and litigation, insurance is necessary for all commercial enterprises today.
Commercial insurance covers a wide variety of needs, and includes a number of types of policies that can be bundled and tailored to meet the unique needs of any business.
Examples of Businesses we cover include:
- Food Services
- Liquor Stores
- Retail Stores
- Barbershop, Beauty Salons and Day Spas
- Health and Fitness Centers
A business insurance package known as a standard business owner policy (BOP) covers many of the basics, including the following:
- Commercial Property Insurance
- Business Interruption Insurance
- Crime Insurance
- Vehicle Coverage
- General Liability Insurance
A BOP is a good foundation upon which to build a much better policy for the sake of your business.
Additional Coverage Options Important for North Jersey Businesses
In addition to the coverages offered in a BOP, many North Jersey businesses should also consider the value of these types of policies as well.
Workers’ Compensation Insurance – If your business has employees, you must have this type of insurance with a few very rare exceptions. Not only does this policy cover the medical expenses of workers who are injure or become ill as a result of their employment, but it also covers some of their lost wages as well.
General Liability Insurance – In today’s business climate, service oriented businesses will discover that lawsuits are far more common than anyone ever anticipated.
It’s important to have the insurance coverage you need to protect your business interests and personal assets in the event of a lawsuit resulting from the services you provide.
Employment Practices Liability Insurance – This type of insurance, known by the acronym EPLI, is becoming more and more necessary as businesses face tough choices about hiring, layoffs, and firing. With the number of of lawsuits claiming improper employment practices (discrimination against age, gender, race, religion, sexual orientation, etc.) increasing, EPLI is a necessity rather than a luxury.
Data Breach Liability Insurance – Another business insurance that is practically indispensable as businesses rely more and more on technology is the cyber liability insurance policy, which helps protect businesses from liabilities related to identity theft, data breaches, and more computer-related crimes that aren’t covered by general liability insurance.
Business Auto Insurance – Any business that uses one vehicle, or a fleet of vehicles, needs to be protected from accidents, theft, damage, and vandalism with a commercial automobile insurance policy.
Depending on your business type you may need additional coverage such as bonds.
Why Choose Insurance Center of North Jersey for Commercial Insurance?
We take great pride in offer personalized service to all businesses, no matter how large or small, new or well established, your business may be. Our goal is always to ensure that you have the coverage your business needs at the best price possible.
That’s why we are independent agents – working with many different insurance carriers so we can compare prices and coverage to get the best insurance deals for area businesses.
On the flip side, working with a single carrier agency means you only have access to specific products, packages, and prizes the one carrier offers, so you essentially lose out on plethora of benefits an independent agent can bring to the table.
At Insurance Center of North Jersey, we can navigate through many offerings in order to find the best available prices and maximum coverage.