Commercial Lines - Business Insurance in Saratoga & Ballston Spa, NY
Protection for the future of your business.
Unfortunately, harm can come to businesses large or small. To protect against such loss, we offer a wide array of business insurance services: property, casualty, liability insurance, as well as high-value employee benefits such as disability, workers’ compensation and life insurance.
Commercial Liability Insurance
We will select from the numerous, high-quality insurance companies we represent to offer you a policy that fits your specific business insurance needs.
Auto Insurance
Coverage is available to protect your business whether you have only one car that is registered in the business name, or a fleet of vehicles. There are many additional coverages included in a commercial auto policy that are not part of a personal auto policy. It is important to look at these features because they could be critical at a time of loss.
Umbrella/Excess Liability Insurance
If you’re a business owner, you need to be sure that you are protected against any loss that might be attributed to your business, whether it is legitimate or not. Lawsuit awards continue to rise, and should the underlying liability limits for your general liability or commercial auto policies be exhausted, an umbrella/excess-liability policy can provide that additional layer of protection.
Workers’ Compensation Insurance
Coverage for injury, or illness sustained by an employee as a result of their employment, regardless of negligence on the part of the employee or employer. The policy will provide for payment of the injured employee’s medical expenses (without a dollar limit or time limit), provide funds for rehabilitation, and pay for lost wages. A workers’ compensation policy is mandatory in New York State if you have any employees.
Disability Insurance
All businesses operating in New York State with employees are required to carry this coverage.
The difference between this policy and a workers’ compensation policy is that disability provides coverage for an injury, or illness to an employee that is non-work related, but still makes it impossible for them to perform their job for an extended period of time. After a seven-day waiting period, the State of New York-Required Policy will pay a maximum of 50% of wages up to $170 per week for a maximum of 26 weeks. As an employer, you can elect to endorse the policy to provide higher limits if desired. Please contact us for further options that may be available to suit your business needs.
Life Insurance
There are a number of advantages to providing life insurance for employees. Employees may be able to purchase coverage in addition to what is provided by the employer. This is an excellent option for someone that may be medically ineligible for an individual policy.
Life insurance can facilitate orderly transfer of ownership between individuals in the event an owner or partner passes away. Planning ahead for such possibilities helps ensure the continuation of a business that is providing for the livelihood of many individuals and families.
Offering life insurance protection as an employee benefit is also a popular way of helping a company?retain key employees.
Specialty Business Programs
Cosmetology - Our specialty niche program for over 15 years, offers both general liability and the professional liability needed to meet New York State’s cosmetology licensing requirements. This policy is only available to booth renters and salon owners who are hair stylists or nail technicians. Tanning is not covered under this policy. Our program includes liability coverage with limits of $500,000 per occurrence and a yearly policy aggregate of $1,000,000. Also included in this policy is personal property coverage of up to $5,000 in total value with a $200 deductible. Coverage is provided through Erie Insurance, Erie, PA. The annual premium of $330 can be paid as quarterly payments if desired.