Tag Archives: Commercial Insurance

Commercial Transportation Insurance for Your Business

Our country depends on the transportation industry to keep things running. Whether it’s food, fuel, building supplies, or people, we rely on large vehicles and their drivers to safely deliver cargo. Because the demand for consumer goods is increasing and will only continue to increase, the number of large vehicles on the roads is also increasing.

Accidents do happen and should anything happen to your company’s vehicle, driver, or cargo while on the road, commercial auto insurance can assist with the losses. From the medical bills of the driver to the repair or replacement of the vehicle and cargo, transportation insurance is a must for any company that uses commercial vehicles to deliver goods.

What types of vehicles qualify for commercial transportation insurance?

If your company uses cars, vans, trucks, busses, trains, planes, boats, etc. to transport goods for business purposes, then you qualify for commercial auto/transportation insurance. In fact, if you use any type of vehicle for business purposes it must be insured with commercial auto insurance. Whether your company has a large fleet, small fleet, or a single vehicle, the vehicle, driver, and cargo need to be protected from the risks of the road.

  • Passenger car or van
  • Passenger bus
  • Minivan
  • Agricultural truck
  • Box or straight truck
  • Cargo van
  • Car carrier
  • Flatbed truck
  • Catering truck
  • Cement mixer
  • Delivery van
  • Hearse
  • Ice cream truck
  • Motor home
  • Limousine
  • Pickup truck
  • Fifth wheel truck
  • Sport utility vehicle
  • Pump truck
  • Step van
  • Tank truck
  • Trunk tractor
  • Tow truck
  • Refrigerated truck
  • Wheelchair bus
  • Wheelchair van
  • Front loader
  • Garbage truck

What does commercial transportation insurance cover?

Similar to personal auto insurance, commercial transportation insurance includes liability, physical damage, and more.

  • Auto liability
  • Physical damage
  • Cargo
  • General liability
  • Occupational accident
  • Worker’s Compensation
  • More!

Companies who use vehicles for business purposes and are responsible for transporting cargo would be wise to make sure all their vehicles, drivers, and cargo are covered with transportation insurance, no matter what business they are in.

Contact us today to get started with insuring your company’s vehicles, drivers, and cargo.

Take a Break Labor Day and Let Your Insurance do the Work

happy labor dayOur country was founded by hard working men and women who gave their blood, sweat, and tears so that we can enjoy the American Dream.

And it’s because of people like them that the American Dream lives on.

That’s why JR Carnahan’s goal is to serve everyone with excellence. Our goal is to go above and beyond to make sure your expectations are exceeded and all your insurance needs are met. Each of our clients have different needs and we work hard to make sure their insurance plans are specialized and prepared just for them!

It’s our little contribution in keeping the American Dream alive.

This Labor Day is a great time to consider the security that an insurance plan can offer you and your family. Whether it’s health, life, auto, or business insurance, give yourself a break and let JR Carnahan worry about the “what-ifs” of life. For all of your insurance needs, don’t wait to contact us at JR Carnahan Insurance!

Now it’s time to relax!

As we celebrate Labor Day, we want to thank all those who help achieve the strength, prosperity, and well-being of this country. You work hard to provide for your family, serve the work force, and give back to your community.

Wishing you and yours a safe and happy holiday!

In celebration of Labor Day, our offices will be closed on September 7th. We want to give our hard-working team a much-deserved rest! Fear not, we’ll be back to serve you bright and early on the 8th!

Do You Have the Right Business Insurance?

business insurance Group of employee people. Business team isolated on white

As a business owner, you’ve invested your all to make sure things go successfully for your employees and customers. From hiring to quality control to customer service, it’s a lot to manage!
Owning a business involves great risk. And where there is risk, it’s always best to be prepared with an insurance policy that covers your assets.
Insurance is not an easily understood topic and can be even more confusing for business owners.

Here is a simple list of the types of insurance recommended for business owners:

General Liability Insurance

This type of insurance protects against legal battles associated with accidents, injuries, and claims of negligence.

Product Liability Insurance

This type of insurance is extremely important to carry if you manufacture, distribute, or sell a product. It will protect you against financial loss as a result of a product defect that can cause an injury.

Professional Liability Insurance

If you provide a service to customers, this kind of coverage will protect you from malpractice, errors, and negligence claims.

Commercial Property Insurance

This covers everything related to the loss and damage of a company property due to a wide variety of events such as fire, smoke, severe weather, vandalism, etc. Every policy is different when it comes to what “property” is so it’s important to talk with your agent to make sure everything you want is covered.

Home-Based Business Insurance

If you run a business out of your home you might think that your home insurance will cover losses. This isn’t true. While a home owners policy might include certain property damages, you might have to purchase additional coverages, such as general and professional liability.
It’s also important to note that some states might require you to carry certain types of insurance coverage depending on what type of business you own. For example, if you have company vehicles, your state might require that you provide auto coverage for the vehicles and drivers. Make sure to check with your insurance agent to be certain that you are covered appropriately according to your state laws. 
In addition, if you have employees working for your business, you are also required by state law to carry certain types of insurance. The three key policies you might want to consider if you have employees are Workers Compensation Insurance, Unemployment Insurance Tax, and Disability Insurance. More on this to come in the next post!

Don’t wait until it’s too late to protect your business! Contact JR Carnahan today to learn more about our business insurance coverage options.

6 Business and Commercial Insurance Types to Consider for Your Business

Business owners have a lot of responsibilities on their plate.

Handling day-to-day operations of a business alone can be consuming, not to mention the preparation required for the day-to-day to function properly. Ensuring your business is properly covered by the right insurance plan can be another daunting responsibility, but it doesn’t have to be.

Here are 6 types of insurance to consider when buying a business or commercial insurance policy.

business and commercial insurance

Business Owner’s Policy

A Business Owner’s Policy (BOP) is a popular choice for small businesses. BOP’s are package policies that often include all major property and liability risks. Typically a business owner can alter what is covered in a BOP to meet their company’s specific needs. This type of bundle can sometimes save the business owner money, but it’s always best to consider all options before choosing a one-size-fits-all plan.

Property Insurance

Property Insurance protects your businesses’ physical property in the case of a fire, flood, vandalism, theft, etc. These policies usually cover the building, inventory, equipment, furnishings, and any other property that belongs to the business. Another type of property insurance to consider is Business Interruption Coverage, which comes into play should the business become inoperable for some unforeseen reason.

Liability Insurance

There are 3 different types of liability coverage that business owners should consider. General Liability Insurance is coverage that protects from a variety of claims including bodily injury, property damage, personal injury and others that can arise from business operations. Product Liability Insurance guards against claims related to the manufacture or sale of a product. And lastly, Professional Liability Insurance, otherwise known as Errors and Omissions Insurance (E&O) covers a business in the event a client is harmed by a service or advice provided.

Workers Compensation

If an employee is injured on the job, Workers Compensation
Insurance provides wage replacement and medical benefits, as well as protection from lawsuits. Workers Compensation is required in all states if the business has W2 employees.

Commercial Auto Insurance

When your business involves transportation, whether with company owned vehicles or employee vehicles, Commercial Auto Insurance will provide coverage in the case of a collision, theft, or other damage to the vehicle. This does not include injury protection for those involved, but that is included in workers compensation coverage.

Data Breach Insurance

Another way to protect a business from unfortunate loss is with Data Breach Insurance. If a business stores sensitive or confidential information about their employees or clients, Data Breach Insurance will provide protection should the information somehow be stolen or released.

Bundle Packages

Keep in mind that many insurance companies offer bundle packages to simplify the purchasing process. However, it’s important to small business insurancecarefully consider your small business’ specific risks and purchase coverage accordingly. Every company is different and requires different types and amounts of coverage.

JR Carnahan offers all types of Business and Commercial Insurance. If you are a business owner and have questions regarding purchasing a new business insurance policy or updating a current one, contact us today! We would love to assist you in finding the best insurance solution for your business!