Business Insurance

Business Insurance

Protect your Investment

At Reliance Risk Management & Insurance, we’re committed to keeping your business protected – so you can focus on your day-to-day operations. We delve deep into your policies to limit your risk of exposure and find any unforeseen gaps in coverage. With the right insurance plan, your business will be covered from top to bottom. Business insurance plays a vital role in safeguarding the financial well-being and continuity of your company. With the many risks inherent to modern business operations, having adequate insurance coverage becomes crucial. 

Financial Protection

Adequate business insurance coverage shields your company from significant financial losses that could otherwise jeopardize its survival. In the event of a liability claim, property damage, or business interruption, insurance provides a safety net, covering expenses that may otherwise be financially devastating.

Legal Compliance 

Many types of business insurance, such as workers’ compensation or commercial auto insurance, are mandated by law. Compliance with these legal requirements ensures that your company operates within the bounds of the law and avoids potential penalties, fines, or even legal action.

Risk Mitigation

Comprehensive insurance coverage helps mitigate risks associated with daily business operations. By transferring potential liabilities to an insurance provider,
you can focus on core operations with peace of mind, knowing they are protected against unforeseen events.

Credibility and Peace of Mind

Adequate insurance coverage enhances your business’s credibility and reputation. Clients, customers, and partners often prefer working with companies that have comprehensive insurance protection in place, as it demonstrates professionalism and responsibility.

Business Continuity

Unexpected events such as natural disasters, theft, or accidents can disrupt normal business operations, leading to revenue loss and even closure. With the right insurance coverage, a business can swiftly recover and resume operations, minimizing financial losses and ensuring continuity.

Employee Protection

Insurance policies like workers’ compensation provide a safety net for employees, offering financial support in the event of work-related injuries or illnesses.
This not only fulfills legal obligations but also boosts employee morale and loyalty.

Tailored Coverage

Your business is unique, and your business insurance policies can be tailored to address specific risks and challenges. Working closely with an insurance professional allows you to assess your business’s needs accurately and obtain coverage that aligns with your operations, industry, and level of risk exposure.

We offer the following business insurance options:

Bonds

Ensures that businesses fulfill their contractual obligations or compensate for potential losses, providing confidence and security to clients and stakeholders.

Business Owner's Policy

Comprehensive insurance package that combines general liability insurance, property insurance, and often includes additional coverage options tailored to meet your specific needs.

Commercial Auto Insurance

Coverage for vehicles used for business purposes, protecting against liabilities and property damage resulting from accidents involving company-owned or leased vehicles.

Commercial General Liability

Broad coverage for businesses, protecting against third-party claims for bodily injury, property damage, and personal injury arising from business operations or premises.

Commercial Property Insurance

Safeguards physical assets such as buildings, equipment, inventory, and supplies against damage or loss caused by perils like fire, theft, or natural disasters.

Commercial Umbrella Insurance

Additional liability coverage that extends the limits of primary insurance policies, providing an extra layer of protection and financial security.

Crime Insurance

Helps protect businesses from financial losses caused by crimes such as theft, fraud, forgery, employee dishonesty, or computer fraud.

Fidelity Bonds

Protects businesses from financial losses caused by employee dishonesty, theft, or fraudulent acts, offering coverage against internal risks that could impact the company's financial stability.

Inland Marine Insurance

Coverage that provides protection for movable property, equipment, and goods in transit, ensuring businesses are covered against risks that are not typically covered by standard property insurance policies.

Loss Control Insurance

Coverage that focuses on minimizing risks and preventing losses within a business through safety measures and proactive strategies.

Professional Liability Insurance

Crucial coverage for professionals in various fields, protecting them against claims and financial losses arising from alleged negligence, errors, or omissions in the services they provide.

Surety Bonds

Contractual agreements in which a surety company guarantees that a party will fulfill their obligations, providing financial compensation if the party fails to deliver, ensuring confidence and mitigating risks in various business transactions.

Workers Compensation

Mandatory coverage that provides financial support and medical benefits to employees who suffer work-related injuries or illnesses, helping businesses fulfill their legal obligations and provide a safety net for their workforce.

Our Providers