Commercial Insurance

Make Sure Your Chester, NJ Business Isn’t Zapped by Inadequate Coverage

Posted on by AgentInsure

Chester, NJ is a remarkable place to live and to do business. It’s nostalgic shops and country atmosphere brings people from throughout the region to walk its old fashioned brick sidewalks. Antiques abound, as do crafts and art. Here you’ll find homemade candies and specialty boutiques with something for everyone. Ongoing events keep Chester vibrant, but yet it is a place where time seems to slow down.

Behind the preserved historic business facades along Main Street, however, could be a very modern problem. Many businesses are not adequately protected for damage that may occur to their business related electronics.

Electronics and computers are playing a critical role in business today, even small ones. Businesses invest in security systems, computers, servers, and cash registers. Electronics are involved in cash transactions and in online transactions. They are used to communicate with customers and manage payroll. Data and software also play significant roles, tracking inventory, keeping customer records, and maintaining business financial reports.

The reality is this reliance on electronics makes them much more valuable to a business than their mere replacement cost. With that thought in mind, some may not be properly protected with their business insurance.

If you do business in the 07930 zip code, we can help. As an independent insurance agency, we can review your coverage. If you wish, we can search multiple companies to compare coverage and rates. There’s no obligation.

We also offer comparative rates for auto and homeowners insurance online at our website. This is a good way to compare what we can do for you. If you would like to know more, contact us. We may be able to save you money while improving your peace of mind. We can help resolve a modern problem for businesses in a very traditional business district.

What are the exclusions on commercial insurance policy in Chester, New Jersey?

Posted on by AgentInsure

When you buy a commercial insurance policy in New Jersey, you may discover that certain concerns are not addressed in the plan. Exclusions are often added to a policy to avoid any risks that the insurance provider feels are not necessary or that are simply an addition to the basic plan that you have purchased. You should always review a policy for exclusions before you determine that the plan is appropriate for your needs.

Property Exclusions

If you have a policy that protects the property of the company, then it is possible that you may have exclusions that prevent coverage in certain situations. Exclusions may include earthquake damage, flood damage or similar disasters that are not commonly covered unless you buy additional protection.

In the case of property, you can expect the exclusions to be clearly stated and easy to identify. Usually, a policy will explain the excluded situations because the exclusions are usually fewer than the situations that are covered.

Liability Exclusions

When it is related to liability, there may be situations that are excluded from the policy. For example, a policy may exclude certain types of accidents or may exclude any injuries that result from an individual’s behavior. When an individual is purposely behaving in a risky manner, a slip and fall accident or similar situation may not be covered. There may be additional exclusions that apply based on the situation and the reason for the claim.

There are a variety of situations that are not covered by your commercial insurance policy. You should always take the time to identify those situations so that you can feel confident that your plan is appropriate. To learn more about exclusions on business insurance, contact us to talk to an agent.