The Facts about Indiana Commercial Insurance

Purchasing commercial insurance is an important part of running a business. If your premiums are too high, they can eat into your bottom line. On the other hand, opting only for the company with the cheapest quotes could mean you'll be underinsured when the time comes to make a claim. To ensure your getting the best deal on your Indiana commercial insurance, it's important to shop and compare rates from an independent broker, such as Realty Group Insurance. Serving the Indianapolis, Carmel and Fishers areas, Realty Group compares commercial auto, liability, property, worker's compensation and business owner insurance rates from multiple top providers throughout the state.

Indiana Commercial Auto Insurance

Commercial auto insurance is coverage for your business vehicles. Like your personal auto insurance, commercial auto coverage provides benefits for collisions and liability, as well as vandalism and theft. You can even get protection for the vehicles you rent for business, as well as for an employee's vehicle used for work purposes.

Indiana Commercial General Liability Insurance (CGL)

General liability insurance is the coverage your business needs to protect itself from everyday mishaps. For example, if a customer trips and falls inside your business, your general liability insurance policy will provide benefits for bodily injury sustained due to the fall.

Indiana Commercial Property Insurance

Commercial property insurance is similar to homeowner's insurance, in that it protects your business property. Not only is the structure covered against damages and losses, but your business assets are also protected against loss. For example, if you lose your store to a fire, your property insurance will pay for the structure damages, as well as for your inventory and store fixture replacement.

Indiana Worker's Compensation

If you have employees, worker's compensation insurance is not an option. Unlike liability insurance, which pays for injuries sustained by your customers and other individuals on your business property, worker's compensation pays benefits to employees who are injured on the job. Without worker's compensation coverage, your employees could sue you for the medical bills related to workplace injuries.

Indiana Business Owner Package (BOP)

Business owner package, or BOP, insurance is a combination policy that combines liability coverage with property coverage. BOP is often an affordable alternative to purchasing individual policies, as some insurance providers offer discounts for purchasing the two forms of coverage together.