If you are a business owner, then commercial insurance is crucial. There are many facets to consider when purchasing commercial insurance, so let E.S.T.I.R. Inc. serving the Bloomfield, NJ area, help you!

The best place to start when looking to purchase commercial insurance is to establish clearly what sort of business you are in. Are you in retail? Manufacturing? Childcare? Are you a working professional?

What are your assets and liabilities? Which of your assets are most at risk and need the most protection? Similarly, which part of your business is most at risk? For example, a retail business may be stock-heavy, and adequate coverage will be needed. 

Do I have employees? What insurance is available to me for my employees? Do they work in a dangerous environment or operate heavy equipment?

Do I have customers and suppliers on my premises? Will I need liability insurance?

Are natural disasters a regular occurrence? If yes, then what insurance is available for me? Is commercial insurance sufficient, or do I need additional insurance? Is there business interruption insurance included in my commercial insurance if I need it?

Do I own the building where my business is situated, or do I lease the building? What are the insurance requirements according to the lease? If the building has a glass storefront, is glass insurance included in my commercial insurance?

There are many areas to consider when purchasing commercial insurance. It is important to be very clear about what your business is and what your insurance needs are. E.S.T.I.R. Inc. serving the area of Bloomfield, NJ is there to help you find the most comprehensive insurance for your needs. Contact them today!

If you are running a landscape business in Bloomfield, NJ, you need to have contractor insurance for the multiple liabilities you could face on the job. As a contractor, you are exposing yourself to a number of risks every day. You deal with heavy machinery, sometimes even heavier landscaping, and the properties of commercial and residential customers.

At E.S.T.I.R. Inc. we want Bloomfield, NJ landscapers to be protected with contractor insurance that will cover them for every emergency.

Standard Contractor Insurance Coverages for Landscape Businesses

The most common kind of contractor insurance your landscape business needs to start with is general liability insurance and commercial auto insurance. These insurances will cover you for property damages and personal injury. 

They will also cover you for your commercial fleet or vehicle that you use for transporting yourself, employees, and materials and equipment.

Extended Contractor Insurance for Landscape Businesses

In addition to basic coverages, you can apply for a business owner’s policy that will protect you from a third-party claim or lawsuit. Even a claim about a landscape product that the client didn’t like could land you in court. Things like this could be covered under commercial liability insurance.

Medical expenses may also be added to your contractor insurance. There are a number of accidents that could happen on the job to you, an employee, or a client. If someone trips over a hose or an electrical cord, or worse, the cost could be applied to you. 

Any problems that happen during your work on the landscape could put you in a legal bind that could bury your business. Contractor insurance shields you from the expense of those liabilities.

Get a Quote

When you are covering your bases for your landscape business, contractor insurance with liability coverage is a must. At E.S.T.I.R. Inc., we want Bloomfield NJ contractors in the landscape business to be protected during every possible problem. Call us for a quote for contractor insurance today. 

When you live in the Bloomfield, NJ area and are considering a new career path, becoming an entrepreneur is a great option. If you are going to start a business when you are in this area of the state, you will benefit from the great local economy and support given to small organizations. Along with starting a company, you also need to choose a quality insurance plan. There are several situations when a business owner here will need to get commercial coverage.

When Purchasing Important Assets

One situation when a business owner is going to need to have commercial insurance is when they are purchasing important assets. If you are going to purchase equipment or other major assets, you will want to know that you can replace them if they are damaged or stolen. With a commercial coverage plan, you will have the protection that you need in these situations. 

When Obligated to Carry Coverage

You may also need to get this insurance if you are obligated to carry it. There are many situations when having this protection will be necessary. If a business owner has taken out a loan, raised money from investors, or even lease a place of business, they may enter into agreements that will continue to require insurance coverage. This will ensure that you remain in compliance at all times. 

Those that are going to own or manage a business in the Bloomfield, NJ area will want to know that they are picking the right insurance plan for their situation. A great way that you can get the support you need to choose the right insurance plan is by calling E.S.T.I.R. Inc. There are a lot of factors to consider and E.S.T.I.R. Inc. can help you choose the plan that provides the ideal coverage. 

The Bloomfield, NJ area is a great place to live and work as it has a strong local economy. Due to this, it can also be a good place to be if you are a contractor. While there is a lot of room for potential success as a contractor in this area of New Jersey, there are also risks involved. One way that you can offset some of these risks is by getting a contractor’s insurance plan. 

Insurance Protects Assets of Business

A reason that you should get a contractor insurance plan is that it can protect the assets of your business. As a contractor, you are going to invest a lot of money into equipment, tools and other assets that are needed to run your business and serve your customers. When you get a full contractor’s insurance plan, it is going to offer the protection that is needed to cover these assets. 

Insurance Gives Liability Coverage

You will also want to get a contractor’s insurance plan due to the liability protection. Anyone that is going to be a contractor will be taking on risk if they cause damage at a job site or someone is injured as a result of their work. This could be a very significant expense if you are found liable for damages. Fortunately, this risk can be mitigated due to the liability protection provided by a contractor’s insurance plan. 

When you would like to get a contractor’s insurance plan in Bloomfield, NJ would be wise for you to call E.S.T.I.R. Inc. The insurance team with E.S.T.I.R. Inc. understands the importance and value of this type of coverage. They can help you by assessing your individual risks and building a policy that will provide the best overall coverage. 

Every small business owner knows how stressful and full of risks owning and operating a small business can be. Your profit margin is not designed to survive catastrophes. That is where commercial insurance comes in. Your trusted independent agent work with you to access your risks and to make sure you have the correct commercial insurance to protect you and your business. At  E.S.T.I.R. Inc. in Bloomfield, NJ, we have been providing our customers with the best insurance options for more than 20 years. 

Commercial property insurance

You can’t do business without an inventory and the way to produce it. You may own the building you do business out of or you may be a renter but either way, commercial property insurance is vital to making sure you can continue to do business if a covered peril happens to strike. It does cover the building if you are the owner but even if you’re not, it covers a lot of important things. You will help replace your machinery, office equipment, records, inventory, and raw materials. Doing business without these things would be difficult.

Commercial liability insurance

Bad things can happen which will affect your business. Small businesses are an attractive target for people looking to file a suit. It may be they were injured while visiting your business or by a product you produce. You may have made an error that affected a customer adversely. You may even have a disgruntled employee who files a suit against you. Your liability insurance may be all that is between you and closing your doors. It will help pay legal fees as well as a judgment against you up to the limit of your policy. 

Other lines of commercial insurance may be a good fit for your business. In Bloomfield, NJ contact E.S.T.I.R. Inc. for all your commercial insurance needs.