Business & Commercial

As a business owner, you have an obligation to keep the same types of insurance coverages for the car you drive in your business as you do for the automobile for personal travel -- liability, comprehensive and collision, med payments and coverage for uninsured motorists. There are a number business people that utilize the same vehicle for both pleasure and business, especially in Baton Rouge, Denham Springs, and Hammond. If the vehicle is owned by a small business, ensure the name of the business is on the policy as the "principal insured". This will avoid confusion in the event of a claim. We specialize in Commercial Auto insurance in Baton Rouge, Denham Springs, Hammond, Thibodaux, or any other South Louisiana area. If you are looking for Commercial Auto insurance or small business in Baton Rouge. Whether you need to buy a business auto insurance policy will depend on the kind of driving you do. 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, are likely to be driving their own cars for use in your business.

While the major coverages are the same, a business auto policy differs from a personal auto policy in many technical aspects. Ask your insurance agent to explain all the differences and options.

Do I need workers compensation insurance?
Employers have a legal responsibility to their employees to make the workplace safe. However, accidents happen even when every reasonable safety measure has been taken.

To protect employers from lawsuits resulting from workplace accidents and to provide medical care and compensation for lost income to employees hurt in workplace accidents, in almost every state, businesses are required to buy workers compensation insurance. Workers compensation insurance covers workers injured on the job, whether they're hurt on the workplace premises or elsewhere, or in auto accidents while on business. It also covers work-related illnesses.

Workers compensation provides payments to injured workers, without regard to who was at fault in the accident, for time lost from work and for medical and rehabilitation services. It also provides death benefits to surviving spouses and dependents.

Each state has different laws governing the amount and duration of lost income benefits, the provision of medical and rehabilitation services and how the system is administered. For example, in most states there are regulations that cover whether the worker or employer can choose the doctor who treats the injuries and how disputes about benefits are resolved.

Workers compensation insurance must be bought as a separate policy. Although in-home business and business owners policies (BOPs) are sold as package policies, they don't include coverage for workers' injuries.

If you have a personal umbrella policy, there's usually an exclusion for business-related liability.

Unfortunately for every business owner, the likelihood of getting litigated against have dramatically increased in the last decade. General Liability insurance will prevent greedy lawyers from taking a good portion of your assets and creating financial ruin.

General Liability pays losses caused by both real or alleged bodily injury, property damage, or personal injury from your operations or on your business premises.

Broad Range of General Liability Protection

• BI (or Bodily Injury), including the cost of care, the restitution for any death that results from injury and the loss of services     
• PD (or Property Damage) coverage for damage to property of others or the loss of use of that property
• Products-Completed Operations provides liability protection (damages and legal expenses up to your policy's limit) if an injury ever resulted from something your company made or service your company provided
  
• Contractual Liability extends to any liability you may assume by entering into a number of contracts. Often used for contractors seeking general liability in Baton Rouge, Denham Springs, or Hammond.

Workers' compensation laws were created to ensure that employees who are injured on the job are provided with fixed monetary awards. This eliminates the need for litigation and creates an easier 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 is designed to help 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 a very good idea, particularly if you have many employees, or if they are engaged in hazardous activities.

Employers have a legal responsibility to their employees to make the workplace safe. However, accidents happen even when every reasonable safety measure has been taken.

To protect employers from lawsuits resulting from workplace accidents and to provide medical care and compensation for lost income to employees hurt in workplace accidents, in almost every state, businesses are required to buy workers' compensation insurance. Workers' compensation insurance covers workers injured on the job, whether they're hurt on the workplace premises or elsewhere, or in auto accidents while on business. It also covers work-related illnesses.

Workers' compensation provides payments to injured workers, without regard to who was at fault in the accident, for time lost from work, and for medical and rehabilitation services. It also provides death benefits to surviving spouses and dependents.

Each state has different laws governing the amount and duration of lost income benefits, the provision of medical and rehabilitation services, and how the system is administered. For example, in most states, there are regulations that cover whether the worker or employer can choose the doctor who treats the injuries and how disputes about benefits are resolved.

Workers' compensation insurance must be bought as a separate policy. Although in-home business and business owners policies (BOPs) are sold as package policies, they don't include coverage for workers' injuries.