The risks involved in personal as opposed to business use of a motor vehicle in and around Wilbraham are different. When circumstances and use aren't covered by your personal insurance, it's likely that you'll be needing commercial insurance. It helps to cover a wide range of vehicles, and a trusty local insurance agent can help you find the insurance that best suits your business.

The lights are out, the store locked up tight, and the alarm is set. You go home for a relaxing evening, but are awakened by a late-night call from the police. Your store has been robbed. Tens of thousands of dollars of precious jewels – and profits – are gone. For 1 in 16 jewelry stores nationwide, this scenario is all too real, with over $60 million in thefts reported annually. You may have the typical business insurance to protect your store, but do you have the right Massachusetts jeweler insurance you need to protect your business?

For most drivers in Longmeadow, Massachusetts, a personal auto insurance policy provides plenty of coverage. Drivers who use their vehicles for business purposes, however, may find that a personal auto policy doesn’t afford enough protection. They may need a commercial auto insurance policy, instead, to offer all the protection expected from business insurance. If you use a vehicle for work and aren’t sure whether you need a commercial policy, here are four questions to ask that will help you determine which type of auto insurance to get.

Running a business can be very rewarding, but it is not without risk. Everyone in Longmeadow understands that you need to protect your business with insurance. However, you may not know what you need to protect against. Understanding your risks will help you purchase the most important small business insurance coverages to protect your business.

Basic business insurance policies are a must-have for companies of all sizes. Large corporations also seem to know automatically to invest in Employment Practice Liability Insurance (EPLI) in order to better protect their business. Many small businesses in Springfield, however, find Employment Practices Liability Insurance coverage a low priority. It is infact a very smart investment for all business owners because it acts as a first line of defense in the event that the company is accused of any wrong doing by their employees. Alarmingly, nearly half of the EPLI claims filed in the U.S. are against small businesses. If that isn't enough to convince you to contact your local Massachusetts independent insurance agency, there are a few more reasons why you should make an investment today. 

In the past, claims for pollution liability were mostly covered under a company's business insurance policy. This changed in the 1980's after the industry was hit with many expensive asbestos claims and now this coverage must be purchased separately. Springfield specialists warn that many businesses who should have pollution coverage are left exposed to liability. It's a common misnomer that pollution claims are only filed against large manufacturers or offshore oil companies. In fact, some very common businesses have pollution exposure, and yours could easily be one of them.

Massachusetts, like many other states, requires all vehicles to have auto insurance. For Springfield businesses, that means making sure all company-owned or used vehicles are covered under their commercial insurance policy. This important coverage helps to protect your business, paying for property damages, liability claims, and more as determined by your specific policy.

Not all homes are created equal. Longmeadow homes with unique features, and higher than average market value may fall into the “high value” category. Once you’ve determined your home is considered “high value”, you need to seek out insurance that can properly cover your property. High value home insurance policies provide more coverage than a typical homeowners policy, allowing you to fully restore your home if it is damaged or destroyed. To get this coverage, there is a thorough appraisal process.

Running a home-based business is a profitable venture for many Springfield residents. However, without proper insurance coverage, all your hard work can quickly be destroyed. What many home-based business owners fail to realize is that their homeowners insurance has very low limits on what business property will be covered. Many home-based businesses need commercial insurance to be fully protected.

The purchase of homeowners insurance is not a one-and-done deal. As homes in the Springfield area increase in market worth and more valuables get collected at home, your standard homeowner insurance policy may not provide the desired or necessary coverage. A high value home insurance policy with higher coverage limits may be a better option.