Commercial Insurance Overview                              

Selecting the perfect Business Insurance policy can be an overwhelming process for any company. Network Agency’s Insurance’s agents are well trained and will walk you through the process. We will work with you to identify the risk factors for your unique environment in order to determine your ideal commercial insurance package.

There are many facets to a business; Network Agency’s Insurance team is dedicated to providing you with a way to safeguard all subsets of your organization. Our wide range of coverage can be customized into an unparalleled business insurance package.

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Workers Compensation                                             

NYC workers compensation insurance protects an employer from liability for an accident involving an employee. The insurance coverage pays benefits to your employees if they are injured on the job. It will cover their medical bills, a portion of wages, vocational rehabilitation, and death benefits. 

General Liability                                                        

Our general liability insurance coverage protects you business from third party claims for body injury, associated medical costs and damage to someone else’s property. For example, while visiting a client’s premises, the client trips over your briefcase and gets injured – your business may be liable. Your fault or not, our general liability coverage will protect your business against covered claims by paying defense costs and any damages up to your policy limit.

Business Owner Policy                                            

A business owner policy is usually recommended for businesses with fewer than 100 employees and under $5 million in sales. It is an insurances package that assembles the basic coverage required by a business owner in one bundle, which includes property insurance, business interruption insurance, crime insurance, vehicle coverage, liability insurance and flood insurance. 

Bonds                                                                        

It is not uncommon for business and contractors to have certain projects bonded to ensure they are completed, no matter what complications may arise. At Network Agency, we specialize in providing both large and small businesses with the following bonds:

  • Performance―to guarantee the performance of contractually
    agree upon work
  • Bid―guarantees the beginning of work following the winning
    of a bid
  • Indemnity―guarantees any losses should a party fail to meet
    deadlines
  •  Payment―promises payment to all sub-contractors and vendors
  • License―a bond guaranteed to a state or federal agency

 

 Group Health                                                        

Network Agency has formed strong relationships with many of today's most respected health insurance carriers. Our wide network of companies and non-proprietary approach offers every client complete freedom of choice. A Network Agency health specialist will create a personalized and comprehensive comparison of all of the health insurance carriers that suit the needs of the client's employees, comparing deductibles, co-pays, in/out of network benefits, Rx coverage, and access to doctors and specialists. In addition to customizing the health insurance plan, our dedicated service team will help ensure a smooth transition by handling every step of the enrollment process.

Property                                                                  

Property insurance protects you from losses of property damaged or destroyed. Property is considered to be anything that has value. It can be real property, such as a building, or personal property, such as a computer. Basic property insurance policies typically cover explosions, fire, lightning, windstorm, hail, smoke, aircraft or vehicle damage, vandalism, sprinkler leakage and sinkhole collapse. Additional coverage can be added for water damage; damage from the weight of snow, ice or sleet; breakage of glass; and falling objects. 

Commercial Auto                                                  

Protect your commercial vehicles as well as your employees with commercial auto insurance from Network Agency because weather and road condition is simply beyond people’s control. Network Agency provides commercial auto insurance that includes:

 

  •   Auto liability
  •   Medical payment
  •   Comprehensive coverage
  •   Collision coverage
  •   Uninsured and underinsured motorists coverage
  •   Coverage’s for autos you borrow or rent
  •    Coverage’s for employees using their cars for the business