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Commercial Insurance
Whether you’re just starting out or have spent years building your business, our agency ensures you have the best protection available. Every business is unique, and we offer a range of tailored solutions to meet your specific needs with precision.
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Don’t risk your livelihood with substandard coverage. Let JRIA conduct a thorough review of your Commercial Insurance needs and help you select coverage where it matters, so you can focus on growing and maintaining the business you've worked hard to build.
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If you're just getting started, partnering with JRIA will simplify the complexities of commercial insurance, saving you valuable time to focus on launching your new venture.
What Insurance does your business need?
Defining insurance jargon
General Liability
General Liability Insurance (GL) is a fundamental type of business insurance that protects companies from financial loss arising from claims of injury or damage caused by the business operations, products, or services. It provides coverage for legal costs, settlements, and judgments related to these claims.
Key Coverages:
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Bodily Injury
Covers medical expenses, legal fees, and damages if someone is injured on your business property or as a result of your business operations. -
Property Damage
Protects against claims for damage caused to someone else’s property due to your business activities. -
Personal & Advertising Injury
Covers claims related to non-physical injuries such as libel, slander, copyright infringement, and false advertising. -
Medical Payments
Pays for immediate medical costs if someone is injured on your business premises, regardless of fault. -
Legal Defense & Settlements
Covers the cost of legal defense, court fees, and settlements if your business is sued, even if the lawsuit is groundless.
Key Exclusions:
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Employee injuries (covered under Workers' Compensation)
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Professional errors (covered by Professional Liability Insurance)
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Intentional harm
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Damage to your own property
Who Needs General Liability Insurance?
Businesses of all sizes, across all industries, benefit from General Liability insurance. It is especially important for businesses that interact with customers or clients in person, work on client property, or advertise publicly.
General Liability Insurance provides essential protection that helps safeguard your business from the unexpected, allowing you to focus on operations without constant worry over potential lawsuits.
Business Owner's Policy
A Business Owners Policy (BOP) is a comprehensive insurance package designed specifically for small to mid-sized businesses. It combines several essential coverages into one convenient policy, typically at a lower premium than if each coverage were purchased separately.
Key Coverages:
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Property Insurance
Covers damage to your business property, including buildings and contents, due to covered events like fire, theft, or vandalism. -
General Liability Insurance
Protects your business from claims related to bodily injury, property damage, and personal or advertising injury caused by your business operations, products, or services. -
Business Interruption Insurance
Provides coverage for loss of income and operating expenses if your business is forced to close temporarily due to a covered event, such as fire or natural disasters.
Optional Add-Ons:
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Cyber Liability – Protects against data breaches and cyberattacks.
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Professional Liability – Covers claims of negligence or mistakes in professional services.
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Equipment Breakdown – Covers repairs or replacement costs for vital equipment or machinery.
Who Needs a BOP?
A BOP is ideal for small to mid-sized businesses such as retail shops, restaurants, offices, or contractors. It offers broad protection while being cost-effective and easy to manage.
Benefits:
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Combines essential coverages into one policy
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Cost-effective compared to purchasing separate policies
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Can be customized with additional coverages based on specific business needs
A BOP provides a solid foundation of protection, helping businesses mitigate risk while focusing on growth and daily operations.
Commercial Auto
Commercial Auto Insurance is designed to protect businesses that own, lease, or use vehicles for their operations. It provides coverage for vehicles used for business purposes, whether they are owned by the company or employees using their personal vehicles for work-related tasks.
Key Coverages:
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Liability Coverage
Covers bodily injury and property damage caused by your business vehicle if you or an employee are found at fault in an accident. -
Physical Damage Coverage
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Collision Coverage: Pays for damage to your business vehicle resulting from a collision, regardless of fault.
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Comprehensive Coverage: Protects against non-collision incidents such as theft, vandalism, or natural disasters.
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Medical Payments Coverage (or Personal Injury Protection)
Covers medical expenses for you or your passengers in the event of an accident, regardless of fault. -
Uninsured/Underinsured Motorist Coverage
Protects your business if your vehicle is hit by a driver with little or no insurance. -
Hired and Non-Owned Auto
Provides liability coverage for vehicles you don’t own but use for business, including rental vehicles or employee-owned vehicles used for work purposes.
Who Needs Commercial Auto Insurance?
Any business that owns or operates vehicles, or relies on employees to drive personal or rented vehicles for business tasks, should carry commercial auto insurance. This includes delivery services, contractors, rideshare services, and businesses that frequently transport goods or people.
Benefits:
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Protects against legal liability and physical damage to business vehicles
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Covers a variety of vehicle types, from cars to trucks and vans
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Can be tailored with optional coverages to suit specific business needs
Commercial Auto Insurance ensures that your business vehicles, drivers, and assets are protected while on the road.