What Is Business Insurance?
Business insurance coverage protects businesses from losses due to events that may occur during the normal course of business.
There are many types of insurance for businesses including coverage for property damage, legal liability and employee-related risks.
Companies evaluate their insurance needs based on potential risks,
which can vary depending on the type of environment in which the company operates.
Insurance plans we provide
Business Owners Insurance
Business personal property insurance policies cover assets and items that your business owns such as inventory, equipment, furniture, and certain other named purchased assets.
Commercial Auto Insurance
Commercial Auto Insurance is a business insurance policy that insures your company owned vehicles and employees against, physical damage, injury, liability, and other situations that may occur while driving a company vehicle. Damage or injury that involves a company owned vehicle is typically not covered by a personal automobile insurance policy.
Commercial Property Insurance
Commercial insurance protects businesses, including business owners and their employees. We understand that every business is different, and we offer several options as there is no one-size-fits-all insurance policy for small, medium, or large business owners.
Workers’ Compensation Insurance
Workers’ compensation insurance, also called Workman’s Compensation, is a form of insurance that covers medical costs and lost wages for your employees if in the event they would suffer a covered work-related injury or illness.
This type of coverage provides wage replacement and medical benefits to employees who are injured in the course of their employment, in exchange for mandatory waiver of the employee’s right to sue his or her employer for negligence.
Workers’ compensation insurance is often required by law. Protecting your business is easy with Nucleus Insurance, get started with a quote customized for your business today.
General Liability Insurance
General liability is otherwise known as Commercial General Liability insurance. This is a broad type of insurance policy which provides liability insurance for a variety of general business risks. Commercial General Liability is business insurance that covers your company against claims such as bodily injury to someone else or property damage to another’s belongings.
And More Coverages
Beyond the primary forms of commercial insurance coverage, we at Nucleus Insurance understand that every business has unique needs and risks. That’s why we offer a wide range of additional commercial insurance solutions to ensure your business is fully protected.
- Professional Liability Insurance: Also known as Errors and Omissions (E&O) Insurance, this protects your business against claims of negligence or inadequate work. Essential for professional service providers, it covers legal fees and damages if a client sues for a mistake or oversight made in the course of providing services.
- Business Interruption Insurance: This can help cover lost income and fixed expenses if your business has to close temporarily due to a covered event, like a fire or natural disaster. It helps you get back on your feet without bearing the entire financial burden of an unforeseen interruption.
- Cyber Liability Insurance: In an increasingly digital world, cyber threats pose a significant risk. Cyber liability insurance protects your business against losses resulting from cyber attacks, data breaches, or other cyber incidents.
- Directors and Officers (D&O) Insurance: This covers your company’s directors and officers against legal judgments and costs arising from various business decisions and actions. This policy ensures that the leadership of your company can make decisions without fear of personal financial loss due to lawsuits.
- Employment Practices Liability Insurance (EPLI): This protects your business against claims made by employees regarding wrongful termination, discrimination, harassment, and other employment-related issues.
Remember, these are just a few examples of the additional insurance coverages we offer. Our expert team is always ready to help you identify and understand the risks your business faces and how best to cover them. Contact us today for a customized solution that suits your specific needs.
