Run Your Business With Confidence

As a business owner, you have enough on your mind without worrying about your insurance needs. At Leugers Insurance in Franklin, IN, we are here to address all of your insurance-related requirements and concerns. By doing so, we can help you focus on what you do best: running your business.

Common Business Policies Offered Include:

General Liability Insurance

Often referred to as “business liability insurance,” general liability insurance can protect you from a variety of claims. The coverage of this policy includes property damage, bodily injury, personal injury and other matters that can arise from your business operations.

Business Property Insurance

Whether it is your building, office equipment, or inventory, every business owner has commercial property that needs to be protected. If you are like most business owners, it would be difficult to start over if something like a fire or a major theft happened to your business. That is why having a reliable commercial property insurance is important.

Commercial Auto Insurance

If your business relies on a single car or a large fleet of vehicles, you should make sure that your automobiles are fully insured. By doing so, you can be sure that your business is protected against liability if an accident occurs. At the very least, you should insure against third party injury. A comprehensive insurance will cover vehicles in an accident as well.

Workers Compensation

Workers’ compensation requirements and laws and vary by state. Generally, any business that has employees must have workers’ compensation insurance coverage. The insurance helps cover lost wages and medical care for an employee who was hurt at work.

Business Umbrella Insurance

You could face a major claim if someone was seriously hurt by one of your drivers or products or if a customer was hurt on your premises. A major claim can threaten the very existence of your business. Additionally, a serious claim has the potential to put your own personal assets at risk. A business umbrella policy provides you with an additional layer of coverage that goes beyond commercial general liability, professional liability, business auto liability, wand employer’s liability insurance.

Additional Business Insurance Products Offered Include:

Builder’s Risk Insurance

This insurance provides coverage for buildings while they are under construction. It covers the contractor’s interest in materials at the job site before they are installed, as well as materials in transit for the job. Builder’s risk insurance also covers the value of the property being constructed until it is completed and accepted by the owner.

Business Interruption Insurance

Business interruption insurance is critical if your company suffers a property loss, which could cause your operations to slow down or close while repairs are made. From the time the loss occurs until your company is running again, this insurance can replace your lost profits, providing you with a source of money to pay necessary expenses.

Business Owner Policy

Commonly called “BOP,” business owner policy contains many of the insurance coverages required by most small businesses. While the policies are not standard, there are certain common elements among BOP packages.

A basic BOP covers your building and its contents, including liability insurance protection for your company. This protection generally includes the operation of your business at its established location and the liability from your products and completed operations. Some policies may also offer extra expense protection after an insured loss.

Keep in mind that a BOP does not contain all of the coverages needed by a small business. Notably, it does not provide professional liability, workers’ compensation, or business vehicle coverage.

Cargo Insurance

This policy is meant to indemnify you if there is any loss or damage to your cargo. Cargo insurance covers the goods while they are being transported by sea, air, or land. Items that can be covered by cargo insurance include parcel post and courier service packages.

Commercial Auto Insurance

Under most circumstances, commercial auto insurance is mandatory when a vehicle is used for commercial purposes and has met certain requirements. Under specific circumstances, some small trucks can be owned and insured under a personal auto insurance policy.

The requirements for a business automobile insurance policy are not only determined by registrations. Other requirements include ownership by a corporation, usage in hauling goods for hire, and the gross weight of the vehicle.

Commercial Earthquake Insurance

In parts of the United States where earthquakes can cause severe damage, commercial earthquake insurance is indispensable. Most commercial property policies exclude earthquake damage coverage.

Commercial Trucking Insurance

As a private carrier, you haul goods in your own truck for your employer or company. Whether you’re working in the field of manufacturing, excavation, construction, we have the right truck insurance for you.

Primary Liability
Truckers or trucking companies that operate under their own authority are required to carry primary liability coverage on every owned unit. This can be fulfilled by providing the insurance for the leased vehicles or making sure that the leased operators carry it on their own.

Cargo Insurance
This policy provides coverage for loss or damage to the cargo a truck is transporting. Though not all the time, the motor carrier provides cargo insurance for leased operators.

Physical Damage (Collision, Specified Perils)
This insurance provides coverage for replacement or repair services on owned vehicles. The damages resulting from a covered loss include collision, fire, hail, earthquake, windstorm, flood, vandalism, theft, or mischief.

Occupational Accident
This insurance product is for owner-operators in the trucking industry. In most states, self-employed operators can opt out of state-mandated workers’ compensation coverage.

Most motor carriers require their hired operators to be covered by workers’ compensation or occupational accident insurance. For those who qualify, this insurance policy is a more affordable alternative.

Contractor’s General Liability Insurance

This insurance is for construction managers, residential and commercial builders, general contractors, design and build firms, specialty contractors or subcontractors, and owners of public and/or private construction projects. We offer numerous contractor policies, including:

• Property
• Builders risk insurance and course of construction
  Liability insurance
• General liability insurance
• Contractor insurance
• Commercial auto
• Umbrella
• Workers’ compensation
• Railroad protective
• Equipment insurance
• Contractor bond

Cyber Liability Insurance

As a business owner, you insure your company against losses, but are you protected against a cybersecurity breach? Many companies overlook this crucial coverage and end up paying millions in damages to customers. With cyber liability insurance, you can:

• Protect client information from theft
• Get insurance against cyber liability exposure
• Avoid costly and lengthy lawsuits
• Reimburse notification and regulatory expenses
• Pass on an extra layer of security to your customers
• Asian banker selling insurance to couple

Directors and Officers Liability Insurance

This insurance provides financial protection for your corporation’s officers and directors if they are sued regarding company-related duties. Think of this coverage as a management errors and omissions policy.

Employment Practices Liability Insurance (EPLI)

This insurance helps protect you against claims from your employees that are due to the general conduct of your company. Common examples of employee-related claims include:

• Discrimination
• Wrongful discharge
• Sexual harassment
• Hostile working environment
• Wrongful termination
• Lack of advancement

Farm or Agribusiness Insurance

The standard farm or agribusiness insurance policy is a hybrid of commercial business insurance, homeowner’s coverage, and specialty insurance. If the farm is a growing commercial concern, the owner will want a basic farm policy that provides the following coverages:

• Property coverage – This coverage protects your outbuildings, home, belongings, and some equipment in the event of a disaster, such as a tornado or fire.
• Liability coverage – This coverage will cover a loss that is unintentionally caused by you or your employees to a person or another’s property.
• Medical payments – This coverage will provide payments for the medical bills of someone injured on your property.
• Additional living expenses – If you must relocate from your home due to damage caused by a covered event, this policy compensates the costs of a hotel stay or temporary housing.

Garage Insurance

If your business sells, stores, services, or parks automobiles, general liability insurance may not be enough to protect you from lawsuits. By combining parts of a business auto policy with parts of a commercial general liability policy, garage insurance protects you against the unique risks associated with your automotive business.

Hotel and Motel Hospitality Insurance

Getting a proper hotel or motel insurance at a reasonable price can be a time-consuming and frustrating experience. At Leugers Insurance, we make the process as easy for you as possible. We are experts in hotel insurance policies, which cover motels, spas, resorts, ranches, and other related businesses.

Key Person Employee Insurance

Key person insurance is a particular type of life insurance that is taken out by a company on one of their employees. In the case of that employee’s untimely demise, the company will become the beneficiary.

Kidnap and Ransom Insurance

Kidnap or ransom insurance should be an integral part of your risk management program. While no one can predict where or when an extortionist or a kidnapper might strike, you can take steps in protecting your executives and their families. This insurance provides coverage for the following:

• Ransom and extortion payments as a result of an extortion or kidnapping threat
• Loss of the ransom or extortion payment while being delivered
• Expense coverage of an extortion or ransom demand, including fees and expenses of independent negotiators, as well as accommodation and travel expenses
• Legal liability coverage protection if the insured was negligent in the hostage retrieval
• Political threat coverage for expenses when a someone is wrongfully detained by any individual acting for a government or with a government’s approval

Liquor Liability Insurance

Liquor liability insurance provides liability insurance protection for businesses that manufacture, sell, or distribute liquor. You need this insurance if you sell liquor and your business is a:

• Bar
• Tavern
• Nightclub
• Fraternal club
• Convenience store
• Liquor store
• Restaurant

Manufacturers’ Insurance

Goods manufacturers deal with many unique risks. Product liability insurance provides protection from these dangers, particularly when the items that are manufactured by your company can cause harm to others. Our agency can help you analyze the hazards of your operations and design a custom insurance plan that fits your needs and budget.

Medical Malpractice Insurance

Medical malpractice insurance is a necessity, especially in today’s challenging healthcare marketplace. Working in partnership with your practice, we will address any affordability issues you may have with your medical malpractice insurance while improving your overall safety and quality standards.

Nonprofit Insurance

Nonprofit organizations require specialized liability coverages. Like businesses or homeowners, nonprofit organizations need to protect their property from many hazards, which include fire and theft. Additionally, nonprofits can be lawsuit targets. Without the proper insurance, a lawsuit could be financially devastating.

We understand the budget requirements and pressures that are faced by nonprofits. With our access to numerous insurance programs, we can usually provide you coverage at a budget-friendly premium.

Product Liability Insurance

This insurance protects you in case a product you provide or produce causes harm to a user or a user’s property. A “product” is anything that can be touched, consumed, or tangibly used.

Every business that manufactures products is recommended to get product liability insurance. This coverage is especially important for corporations that produce toys, food, clothing, or anything that could conceivably cause harm to someone.

Professional Liability (Errors and Omissions) Insurance

This insurance protects businesses or individuals if a client holds them responsible for a service that did not have the expected or intended results. Professional liability insurance is separate from a general liability insurance policy, which would cover you for property damage or bodily injury liability.

Restaurant and Bar Insurance

Whether you run a national chain or a small café, you could be held liable for contaminated or spoiled food, spilled coffee, and other incidents. We can help you get an insurance policy that is designed for the risks that you face. Restaurant and bar insurance is needed for the following types of businesses:

• Fine dining restaurants
• Casual dining restaurants
• Fast food restaurants
• Ethnic cuisine restaurants
• Delicatessens
• Coffee shops
• Microbreweries

Special Event Insurance

If you are planning a corporate gathering or organizing a local flower festival, it is important to have a special event insurance. This policy covers you from unexpected occurrences that may spoil your big day. Examples of these events include:

• Corporate events and meetings
• Auto shows
• Concerts
• Sporting events
• Proms
• Dances
• Dog shows
• Parades
• Ethnic celebrations
• Horse shows

Surety Bonds

Through this three-party agreement, the surety guarantees the project owner that the principal is capable of performing the contract by the agreed documents. The performance of the contract, which is the bond’s subject, determines the obligations and rights of the surety and obligee. Surety bonds have 8 different families, which are:

• Fidelity bonds
• Public official bonds
• Judicial bonds
• Fiduciary bonds
• License and permit bonds
• Contract bonds (bid and performance bonds)
• Miscellaneous and federal bonds
• Notary bonds

Technology Insurance

Many companies are not aware that their existing insurance and business policies do not cover them for technology-related risks. At Leaugers Insurance, we offer coverage that is tailored to fit your company’s technology insurance needs.

Vineyard and Winery Insurance

We know that you have worked hard to become a winery and vineyard expert, and we want to insure your growth. Our vineyard and winery insurance policies can protect your business throughout the entire winemaking process.

We have extensive experience in agribusiness, farm insurance, and the wine industry. Using our expansive knowledge, we can help you create a personalized winery insurance program.

Wholesalers and Distributors Insurance

We offer a range of cost-effective coverages that are perfectly tailored to your business requirements. Reach out to our agents to get an insurance policy for your wholesale or distribution company. We are knowledgeable in risk assessment and loss control, so we can reduce insurance costs for companies of all sizes.

Workers’ Compensation Insurance

This insurance protects employers from claims resulting from employee injuries. Workers’ compensation also protects your business from lawsuits and provides your employees with compensation for on-the-job injuries.