Business & Commercial Insurance

Small, mid-size, or large, we’re in the business of protecting your business.

Owning a business comes with a lot of risk, which is why business insurance exists. You can opt for a variety of general and specific policies to give you as much coverage as you need in areas like liability, employment, and damage costs, depending on what your company does.

At The Murray Insurance Agency, we believe the insurance process should be simple- and give you peace of mind that. You worry about running your business, we’ll worry about insuring it.

When you purchase business insurance through our providers, you can opt for coverage in the following areas:

WHAT IS A BUSINESS OWNER’S POLICY?
A Business Owner’s Policy (BOP) is a combination of the best business coverages all in one policy, so you get the best deal with the most coverage. For businesses with a high risk, a BOP can protect you the best.

MOST BUSINESS OWNER’S PACKAGES INCLUDE:

  • Business Interruption
  • Business Owner’s Package
  • General Liability Insurance
  • Commercial Auto Insurance
  • Commercial Building
  • Commercial Catastrophe Insurance
  • Commercial Property Insurance
  • Commercial Umbrella Insurance
  • Event Insurance
  • Equipment
  • General Liability
  • Group Health Insurance
  • Group Life Insurance
  • Group Disability Insurance
  • Manufacturers
  • Insurance Bonds
  • Workers’ Compensation

Ready to protect your business with the most coverage?

Complete your project with peace of mind.

WHAT IS CONTRACTOR’S INSURANCE?
So many homes and businesses would not exist today without a contractor to create and build them. Their craftsmanship is an invaluable resource that should be insured to make certain they are able to continue. Contractor’s insurance covers a wide variety of areas, including the following list below.

WHAT IT COVERS

  • Business Personal Property – your contents and equipment are covered from accidental physical loss.
  • Building Property – covers your structures along with its features.
  • Business Liability – financially protects you against costly claims and lawsuits.
  • Completed Operations – coverage for injury and property damage claims after a project is completed.
  • Mobile Equipment – coverage for mobile equipment, tools, and equipment.
  • Installation Floater – coverage for covered property you own or are responsible for.
  • Property of Others – damage to the property of others while in your care, custody, or control is paid for.

WHO NEEDS CONTRACTOR’S INSURANCE?

  • Construction Workers
  • Carpenters
  • Plumbers
  • Cleaners
  • Electricians
  • Landscapers
  • Painters
  • Handymen
  • Snow Plowers
  • And more

Make sure your business is safe for contractors, craftsmen, and more.

Insuring your condo means affordable protection for your unit’s interior, your personal property, and yourself.

WHAT IS CONDOMINIUM INSURANCE?
Condo insurance is specifically designed for those who live in a unit structure owned and insured by a separate association. These associations employ master insurance policies that usually cover only the external structure of the unit. With condo insurance, you can protect the interior along with all your valuables.

Our insurance partners offer these benefits when you insure your condo:

  • Coverage for damage to personal property such as furniture, electronic equipment, and clothing.
  • Liability protection in the event that someone makes a claim against you for injuries or damage sustained in your condo.
  • Coverage for interior walls and floor coverings.
  • Coverage for improvements or upgrades you make to the condo that aren’t covered by the master insurance policy.

KEEP YOUR CONDO SAFE
The same way homeowner’s insurance protects you from liability and personal property damage in your home, condo insurance protects you in all the ways that most unit association’s insurance policies don’t. If you and your condo’s interior aren’t covered, talk to one of our agents today to get started on your policy.

Keep your business going.

WHAT IS COMMERCIAL AUTO INSURANCE?
When your business relies on or uses automobiles daily, you need to make sure before you hit the road you are covered for any possible issues. Every second you are out on the road you face several risks that are, unfortunately, unavoidable. Commercial auto insurance is similar to your typical auto insurance, only it covers a few different areas to insure your employees along with your goods are kept safe. Without the added protection, you could run into serious issues that might make you and your business look bad.

WHAT IT COVERS

  • Collision coverage
  • Auto liability
  • Medical payments
  • Coverage on rented or borrowed vehicles
  • Employee coverage

VEHICLES COVERED UNDER COMMERCIAL AUTO INSURANCE

  • Regular cars and SUVs
  • Catering trucks
  • Light and medium weight dump trucks
  • Utility vans
  • Refrigerator trucks
  • Tow trucks

WHY YOU SHOULD HAVE COMMERCIAL AUTO INSURANCE
Whether you are making deliveries, running errands for your business, or anything else that involves using your company car, you are liable for any damage that may happen to you or others. To maintain your business’s reputation that you worked so hard to build up, make sure that you keep all your values protected. Without commercial auto insurance, you could suffer serious losses that your company cannot afford.

Have your commercial vehicle covered today to keep your business going tomorrow.

Protect your business for years to come.

WHAT IS COMMERCIAL BUILDING & PROPERTY INSURANCE?
Your building is what customers enter and exit when visiting your business. Make sure that they are kept protected along with your employees and valuable items by having commercial building and property insurance.

WHAT IT COVERS

  • Building
  • Furniture and equipment
  • Inventory
  • Outdoor business signs
  • Fixtures
  • Other people’s property
  • Catastrophe such as fire, flood, wind and hail, theft/burglary.

WHO IT BENEFITS

  • Commercial or business office owners
  • Commercial office or storage renters
  • Owners of valuable property, such as computers, culinary equipment, or specialized tools.
  • Owners who have property you rely on to run your business.

WHY YOU SHOULD HAVE COMMERCIAL BUILDING & PROPERTY INSURANCE
Although we hope that nothing ever harmful happens to your business, we understand that unforeseen circumstances cannot be controlled. Make sure that you and your business does not suffer from damage, theft, or natural disasters.

Have your building and property insured today with the right coverage.

Broaden and expand your general liability business policy.

WHAT IS COMMERCIAL UMBRELLA INSURANCE?
Commercial Umbrella Insurance allows you to expand upon the policies offered under general liability.

WHAT COMMERCIAL UMBRELLA INSURANCE COVERS:

  • It can broaden coverage in your plan — if a part of your general liability doesn’t cover something, you can add to your plan with Commercial Umbrella Insurance.
  • Umbrella Insurance can increase coverage totals
  • Umbrella Insurance allows you to customize a policy so it’s just right for your business.

Fine tune your policy with Commercial Umbrella Insurance today.

Retain highly qualified executives and board members with insurance that protects them from wrongful allegations.

WHAT IS DIRECTORS AND OFFICERS INSURANCE?
Directors and Officers (D&O) Insurance protects the people who lead organizations. Nonprofits, financial institutions, public companies, and private companies are all susceptible to costly legal issues and wrongful allegations surrounding members of their leadership boards. Whether they are threatened by employees, clients, investors, or other parties, D&O insurance helps protect executive members and/or your company from financial and legal damage suffered from allegations and lawsuits.

D&O INSURANCE POLICIES TYPICALLY PROVIDE PROTECTION AND SUPPORT IN CASES OF:

  • Regulatory actions
  • Securities litigation
  • Allegations of misrepresentation
  • Breaches of fiduciary duties

Powerful figures in companies and organizations of any size are often the targets of lawsuits, and it’s important to have insurance that helps fight the allegations and cover the legal costs. To learn more about D&O insurance and if it’s right for your company, talk to one of our agents today.

Everyone makes mistakes, even professionals. Protect yourself and your business from mishaps on the job with Errors and Omissions insurance.

WHAT IS ERRORS AND OMISSIONS INSURANCE?
Go beyond General Liability with Errors and Omissions Coverage. Errors and Omissions (E&O) Insurance is sometimes referred to as professional liability insurance. This type of insurance protects you when a client files a lawsuit against you on the premise of professional mistakes, negligence, or the failure to produce promised services.

E&O POLICIES TYPICALLY COVER:

  • Attorney fees
  • Court costs
  • Settlements and judgments

Common industries that have E&O insurance are Internet Technology, Architecture, Accounting, Healthcare, Consulting, and Real Estate. However, E&O Insurance is good to consider if you provide any services that can severely affect a client’s bottom line.

To learn more about E&O Insurance, talk to one of our agents today and see about getting covered.

Be ready for breakdowns with an insurance policy that protects your finances and replaces your equipment.

WHAT IS EQUIPMENT BREAKDOWN INSURANCE?
When it comes to insuring equipment, we often think of businesses like restaurants and factories, but the truth is that all businesses rely on equipment that can lead to expensive solutions when it breaks down. That’s why Equipment Breakdown Insurance covers a wide range of equipment: electrical and mechanical equipment, air conditioning and refrigeration systems, communication equipment and computers, boilers and pressure equipment, and even new technology.

Equipment Breakdown Insurance has your back no matter what happens. Our policies typically cover:

  • Cost to replace or repair damaged equipment
  • Cost for equipment company’s time and labor to repair/replace equipment
  • Revenue loss for your company when equipment breakdown leads to business interruption
  • Damaged goods as a result of equipment breakdown

There are more things to consider when purchasing Equipment Breakdown Insurance, too. For example, what if your business is affected as a result of another company’s equipment failure? What if other properties suffer damage as a result of your equipment’s breakdown?

Determining your risks and deciding how much Equipment Breakdown Insurance to buy can be a challenge. That’s why our agents are here to help you through the process and get you on track to the perfect coverage plan. Contact us today to get started!

Keep your employees happy and healthy with quality health insurance benefits.

WHAT IS GROUP HEALTH INSURANCE?
Group health insurance offers all of the same great benefits our individual health insurance package covers. Be sure to take care of your employees by offering them the comprehensive health coverage they deserve.

WHY YOUR BUSINESS NEEDS GROUP HEALTH INSURANCE
Group life insurance increases the happiness of your employees. Below are a few of its benefits:

  • Insurance Premiums are tax deductible
  • Health insurance contributes to employee loyalty and morale
  • Employee turnover rates can significantly decrease when quality benefit packages are offered

What Our Health Insurance Covers

Rates are dependent on the amount of people you choose to cover under our group health plan. Contact an agent to discuss pricing today.

Your employees are your most valuable asset. Make sure you’re offering them a comprehensive life insurance plan.

WHAT IS GROUP LIFE INSURANCE?
Group life insurance offers life insurance policy benefits to your employees. Making sure they’re cared for will help your business continue to prosper and grow.

WHY YOUR BUSINESS NEEDS GROUP LIFE INSURANCE
Group life insurance increases the happiness of your employees. Below are a few of its benefits:

  • Insurance Premiums are tax deductible
  • Life insurance contributes to employee loyalty and morale
  • Employee turnover rates can significantly decrease when quality benefit packages are offered

ARE YOU LOOKING TO OFFER ADDITIONAL COVERAGE FOR YOUR EMPLOYEES?
While group life insurance is a great place to start, plans don’t always cover everything your employees need. Tailor your Group Life coverage by adding Supplementary insurance benefits to your company’s policy.

Everything beneficial about our Individual Disability Package, for a number of people.

WHAT OUR DISABILITY PLAN OFFERS
Disability rates are dependent on the amount of people you choose to cover under our group disability plan. Contact an agent to discuss pricing today.

Ready to see coverage options for your employees?

Guarantee your services and protect your customers with surety bonds.

WHAT ARE SURETY BONDS?
When you purchase surety bonds, you enter into a three-party agreement: you (the principal), your client (the obligee), and the surety company providing the bond. Surety bonds are designed to guarantee your business’s integrity and financial responsibility, along with compliance with a law or contract. Some bonds are legally required for your business to be fully licensed, and others are optional. We offer a wide variety of bonds and licenses to choose from.

TYPES OF BONDS AND LICENSES

  • Commercial Bonds
  • Conservator Bonds
  • Contractor’s Bonds
  • Court Bonds
  • ERISA Bonds
  • Fidelity Bonds
  • Fiduciary Bonds
  • License and Permit Bonds
  • Liquor Licenses
  • Performance and Payment Bonds
  • Probate Bonds
  • Public Officials
  • Sub-Division Bonds
  • Supply Bonds
  • Surety Bonds

Considering purchasing a surety bond? Talk to one of our agents to get started.

 

Give your employees peace of mind in the workplace.

WHAT IS WORKERS’ COMPENSATION?
Workers’ Compensation Insurance is mandatory for most businesses in the country as it protects both the business owner and their employees from job-related injuries. It covers medical care and any lost wages for the employee injured on the job, as well as protects the employer should a lawsuit arise. Your business depends on your employees. Make sure you keep your business running smoothly by protecting your employees and giving them confidence to work with you safely.

MANY WORKERS’ COMPENSATION POLICIES INCLUDE:

  • Payment Systems
  • Medical disability case managers
  • Life care planning nurses
  • Legal staff
  • Contracts with medical network providers
  • Vocational rehabilitation consultants

CREATE A SECURE WORK ENVIRONMENT
Don’t let your business suffer because of an employee injury. You can count on us to work with both you as the business owner and the injured employee to work out a solution. Contact an agent today to learn more about protecting your business and employees. We’ll discuss all your workers’ compensation insurance needs to find you the best policy coverage for you to let your employees feel confident in their work environment.

Protecting your business from slander.

WHAT IS EMPLOYMENT PRACTICES LIABILITY INSURANCE?
This type of insurance, or EPLI, is made for employers to protect them against allegations made by employees that could potentially harm the business. EPLI is more beneficial in newer businesses who are often vulnerable against employment claims, but can be used for large companies as well. In some cases, EPLI can be offered as an endorsement to a Business Owner’s Policy (BOP) and a General Liability Policy (GL).

OFFERS COVERAGE FOR WRONGFUL CLAIMS SUCH AS:

  • Employee Discrimination
  • Wrongful Termination
  • Harassment
  • Other employment-related issues

WHY YOU NEED EPLI INSURANCE
When hiring people from the public, you are never going to be 100% about your future employee. Although they seem harmless, they could potentially be a risk to your business if something were to go wrong. To avoid any hazardous employment lawsuit, make sure you and your business are covered with EPLI Insurance.

Learn How We Can Help With Your

Business Insurance Needs

Reach out to us today to talk with one of our personal risk advisors about protecting the things that matter.