Business Insurance Kenner LA

Commercial General Liability (CGL) is comprehensive business insurance covering bodily injury, personal injury and property damage caused by business’ operations, products or injury that occurs on the business premise. CGL insurance may not be accountable for all risks of a commercial enterprise.

Liability insurance helps protect individuals who offer advice and service against claims made by a client. Examples of Professional liability are Errors and Omissions, and medical malpractice.

Commercial property insurance is used to cover property owned by a business from fire, theft, and natural disaster. Property owned can be in many forms such as a building, contents or property within the building, or even improvements on a rental property.

Defined by FEMA:

A general and temporary condition of partial or complete inundation of 2 or more acres of normally dry land area or of 2 or more properties (at least 1 of which is the policyholder’s property) from: º Overflow of inland or tidal waters; º Unusual and rapid accumulation or runoff of surface waters from any source; or º Mudflow; or • Collapse or subsidence of land along the shore of a lake or similar body of water as a result of erosion or undermining caused by waves or currents of water exceeding anticipated cyclical levels that result in a flood as defined above.

When it comes to flood insurance, this type of insurance is to protect a building and the contents of a building from a flood.

Insurance coverage for employees sustaining injuries or disabilities because of their employment. When an employee excepts Workers Compensation Insurance, they agree to give up their right to sue the employer in exchange for this compensation. Workers compensation may cover medical fees related to the injury, paid leave, or may give payments to the family in the case of death.

Umbrella or excess liability insurance is insurance that goes beyond the limits of the underlying liability policy.

This type of insurance covers the automobile use of a company. The insurance coverage will include company-owned leased vehicles or employee-owned vehicles used for business purposes.