Business Liability and Property Insurance

Any business, small or large, has exposure to a variety of risks. The largest of these risks being the business's liability for their products, services, and negligence of yourself or employees. If you don't have business liability insurance, all it takes is one lawsuit to bankrupt your business. That is why we, at Action Commercial Insurance Agency tailor a policy to fit your company and help minimize that risk. We also review your policy ever 6 to 12 month, because we know that as your business grows your liability risks change and we are dedicated to protecting you from those ever changing risks.

Business property insurance is to protect your company's assets. It is a wise investment to limit your financial losses (to your business personal property) occurring from negligence or accidents (including damage from fires, electrical surges, as well as embezzlement by an employee). Business personal property is a separate coverage from business liability insurance, but can be packaged/bundles together.

Workers compensation

Workers compensation also known as workers comp, is an insurance that provides medical care for employees that are injured while working for the named employer. The employee relinquishes all rights to sue his/her employer (when workers comp is provided) for his/her negligence. Workers compensation is required by Utah State Law for any employer that has even one employee. The annual premium differs from occupation as well as loss history of named company.

Professional Liability

Professional liability insurance protects professionals such as accountants, physicians, lawyers, architects, and many other types of professionals from possible claims made against them from patients or clients due to the professionals negligence. Professional liability may be called something different depending on the profession. Examples Medical profession may be called Medical Malpractice, notaries public, mortgage company’s or insurance agents would be called errors and omissions insurance or E&O insurance.

Feel free to contact one of our agents today for a quote on one of the above commercial insurance lines.