Business and Commercial Insurance in Savannah, GA
At First Choice Insurance, we recognize the diverse and dynamic landscape of businesses in Bryan and Effingham County, Georgia. Our business and commercial insurance solutions safeguard your enterprise against various risks, allowing you to focus on what matters most—your business's growth and prosperity. Contact our agents at (912) 355-0001 for an insurance quote.
Commercial Auto Insurance
As a business owner, you need the same kinds of insurance coverage for the car you use in your business as you do for a car used for personal travel, including liability, collision, and comprehensive medical payments (known as personal injury protection in some states) and coverage for uninsured motorists. Many business people use the exact vehicle for both business and pleasure. If the company owns the car, ensure the business's name appears on the policy as the "principal insured" rather than your name. This will provide possible clarity if you need to file a claim or a claim is filed against you.
Whether you need to buy a business auto insurance policy depends on your driving. A good insurance agent will ask you many details about how you use vehicles in your business, who will be driving them, and whether employees if you have them, will likely be driving their cars for your business.
While the major coverages are the same, a business auto policy differs from a personal auto policy in many technical respects. Ask your insurance agent to explain all the differences and options.
General Liability Insurance for Businesses
If you have a personal umbrella liability policy, there's generally an exclusion for business-related liability. Make sure you have sufficient auto liability coverage.
Unfortunately for every business owner, the chances of getting sued have dramatically increased in the last decade. General liability insurance can prevent a legal suit from becoming a financial disaster by providing financial protection if your business is sued or held legally responsible for some injury or damage.
General liability pays losses arising from actual or alleged bodily injury, property damage, or personal injury on your business premises or from your operations.
Broad Range of General Liability Protection
- Bodily injury, including the cost of care, the loss of services, and the restitution for any death that results from injury.
- Property damage coverage for the physical damage to property of others or the loss of use of that property
- Products-completed operations provide liability protection (damages and legal expenses up to your policy's limit) if an injury ever resulted from something your company made or a service your company provided.
- Product liability is a more specialized product liability insurance that protects your company against lawsuits from product-related injuries or accidents.
- Contractual liability extends to any liability you may assume by entering into various contracts.
- Other coverage includes reasonable use of force; borrowed equipment; liquor liability; non-owned vehicles (such as aircraft and watercraft); fire, lightning, or explosion damage; water damage liability protection; legal defense costs; medical payments; personal injury; advertising injury; and specialized liability protection for specific business types.
Business Owners (BOP)
Business Owners Policy (BOP) in Georgia is a comprehensive insurance package designed for small to medium-sized businesses. It combines various vital coverages into one convenient policy, including:
- Includes General Liability: Protects against bodily injury or property damage claims.
- Commercial Property Insurance: Covers business physical assets like buildings and inventory.
- Business Interruption Insurance:
Offers financial help if business operations are halted due to a covered event.
This type of policy is tailored to meet the unique needs of business owners, offering a blend of coverage that's both cost-effective and convenient.
Builder’s Risk Insurance
Builder's Risk Insurance in Georgia is a specialized type of property insurance specifically designed for buildings under construction. This insurance is crucial for construction projects for the following reasons:
- Covers Structure and Materials: Includes the building and materials on site or in transit.
- Protection Against Various Risks: Such as fire, wind, theft, and vandalism.
- Purchased by Owners or Contractors: Key for managing risks during construction.
- Financial Protection:
Safeguards investment against unexpected damage or loss.
Liquor Liability Insurance
Liquor Liability Insurance in Georgia is essential coverage for businesses that sell, serve, or assist in purchasing or using alcohol. This type of insurance provides protection against:
- Protection Against Damage or Injury Claims: Arising from intoxicated patrons.
- Compliance with Georgia's Dram Shop Laws: Addresses liabilities imposed on establishments serving alcohol.
- Covers Legal and Medical Costs: Associated with alcohol-related incidents.
- Critical for Bars, Restaurants, Nightclubs:
Mitigates financial risks linked to alcohol service.
Workers’ Compensation
Workers' compensation laws ensure that employees who are injured on the job are provided with fixed monetary awards. This eliminates the need for litigation and creates a more straightforward process for the employee. It also helps control the financial risks for employers since many states limit the amount an injured employee can recover from an employer.
Workers' Compensation Insurance helps companies pay these benefits. As a protection for employees, most states require that employers carry some form of Workers' Compensation Insurance. Workers' Compensation Insurance is not health insurance. Workers' Compensation is designed specifically for injuries sustained on the job.
In most states, if you have employees, you are required to carry Workers Compensation coverage. Even in non-mandatory states, it can be an excellent idea, particularly if you have many employees or if they are engaged in hazardous activities.
Call (912) 355-0001 for all your business insurance requirements.