Protecting all aspects
of your business
Property Insurance coverage can be applied as a standalone policy in conjunction with a casualty (liability) policy, generally covering higher limits and exposures. It provides coverage for a commercial structure that is either rented or owned. The policy can also cover machinery and equipment etc. within the building.
Casualty (Liability) Insurance
Commercial General Liability Insurance covers bodily injury, personal injury, property damage, and advertising injury. This is a comprehensive policy that covers all claims of damage or injury caused by the business. It is usually purchased as a standalone policy in conjunction with a property policy. The limits can be customized.
Excess Liability (Commercial Umbrella)
A commercial umbrella provides additional limits beyond the underlying commercial general liability policy. It requires the existence of an underlying primary policy in order to function. An umbrella is customizable and limits up to $100,000,000+ can be purchased.
Business Interruption & Extra Expense Insurance
Business interruption insurance can often mean the difference between staying in business and closing the doors for good. It is for companies that have been struck by a natural disaster and covers profits lost while the business is closed during a period of rebuilding. This coverage should be structured to be in force for a long-term event and not based on a short-term scenario.
Inland Marine Insurance
This insurance provides coverage for mobile or specialized property transported over land or warehoused by a third party. Collision and cargo theft are the two most common causes of inland marine losses. Installation and equipment floaters are both examples of inland marine policies.
Contractor’s Liability Insurance
General Contractor’s Liability Insurance is mandatory in most States. Many Local townships and municipalities also require local contractors to have this policy.
Professional Liability (Errors and Omissions)
E and O insurances help protect you and your business from lawsuits that claim you have made a mistake in your professional services. This is called “medical malpractice” in the medical professions. It is designed to help cover your court costs or settlements, which can be very costly to your business.
Directors and Officers Liability Insurance
This coverage protects the directors and officers of a corporation, and their assets, from the costs and settlements of lawsuits brought by shareholders, creditors, or employees.
A surety bond requires a surety bonding company to pay a set amount of money to an obligee if a principal fails to perform a contractual obligation. This “coverage” is in effect a line of credit or a guarantee issued by the surety bonding company. The surety company acts as a third party to a contract providing payment in the event the company providing the service fails to live up to its obligation.
Workers Compensation is mandatory in most states. City & Shire can set up all your Worker’s Comp and Disability Insurance needs.
Cyber Risk – Internet Liability Insurance
Internet Liability Insurance provides essential coverage for any business that takes personal information such as driver’s license numbers, credit card info, medical info, and/or social security numbers.
City&Shire Insurance Agency Inc.,
An Independent GlobalGreen Insurance Agency ®️ franchise
with offices in Manhattan & Millerton, New York