Business & Commercial Insurance
Business & Commercial Insurance Information
Pacific Crest Commercial – We know the Challenges of Running a Business
At Pacific Crest we understand the long hours, ingenuity, and sometimes good fortune it takes to establish and grow a business into a viable entity. Whether you’re a small business or a large corporation, growing or just maintaining your business, the unforseen is always just around the corner. Lawsuits and liability, loss and building damage, or even the death of a partner can turn an otherwise booming business into another business tragedy. Protecting your business from the unforeseen, while seemingly burdensome, should be an integral part of your business strategy. As business owners, Pacific Crest’s independent agents understand the unique challenges facing businesses and can assist you with risk reduction and risk avoidance.
Commercial Insurance – Not a One-Size Fits All Solution
Selecting proper business insurance requires more than just finding the least expensive coverage. Since no two businesses are identical, it is essential that your insurance coverages are weighed against your appetite for risk, the amount of personal assets tied to your business and the propensity for loss. The following six commercial insurance options offer a broad view of insurance coverages tailored specifically to businesses.
Property insurance protects a person or business with an interest in physical property against its loss or the loss of its income-producing abilities. With property insurance, the contents and the building are insured. This includes: accounts receivables, inventory, machinery, furniture, money, securities, supplies, and intangible assets as well as loss, theft, or damage.
Casualty insurance mainly protects a person or business against legal liability for losses caused by injury to other people or damage to the property of others. Casualty insurance may include worker’s compensation, malpractice, liability for death, injury, or disability of a human being, and a range of other potential hazards.
Liability insurance protects a company or business owner in the event of a formal lawsuit or other third-party claim. Liability coverage includes any financial liability incurred in addition to expenses related to the company’s legal defense. There are three main types of business liability insurance: general liability insurance, professional liability insurance and product liability insurance.
Commercial Auto Insurance
Whether you provide company vehicles to your employees or they use their own vehicles, commercial auto insurance is a must — and it’s required in most states. Commercial auto insurance provides coverage for cars, trucks and vans used by you or your employees for business purposes. Your business vehicles are not covered by your business owners policy or personal auto insurance, so you must buy a separate policy.
Your employees are your greatest investment and health insurance is a critical factor in retaining and recruiting employees, as well as maintaining productivity and satisfaction. Offering the “”right”" health insurance plan is one of the most important decisions you can make as a small business owner – keeping employees happy and healthy can benefit you in the long run.
Life & Disability Insurance
Business Life and Disability insurance protects your business against the death or disability of a key employee. The Insurance is purchased to compensate your business for the financial losses that would arise from the death or extended incapacity of a key employee. A business may take out a key person insurance policy on the life or health of any employee whose knowledge, work or overall contribution to the business is considered valuable to the company.
And, yes, there’s even more types of business insurance…
From specialized policies listed above to business interruption insurance to workman’s compensation, whatever your needs, the right policy exists. Of course, with the vast amount of policies available, the challenges are finding the right policy with adequate coverage for “”your”" business. Protect yourself from overinsurance, or, worse, the wrong coverage, by discussing your specific situation with an insurance professional. Pacific Crest Independent agents are well versed in commercial insurance and can assist you with navigating the maze of commercial insurance options. Fill out the contact form below for a free consultation, or, contact an agent in your community for more information
Meet Our Most Valuable Player
Pieters Insurance - Minden, Nevada
— A small community of just more than 3,000 residents east of the southern tip of Lake Tahoe, Minden, Nevada, is a quiet little town in the heart of the Carson Valley.
For just about a quarter of a century, Alex Pieters was one of a handful of police officers in the county seat of Douglas County.
Knowing the community as he does, it made sense that Alex would hang his shingle in this community that once boasted it was a getaway destination for some of the biggest names in Hollywood, including Clark Gable and Jean Harlow.
Alex understands that to succeed in a small town, being competitive with price is important.