Who should get commercial insurance when they are in New Jersey?

When you live in the Bloomfield, NJ area and are considering a new career path, becoming an entrepreneur is a great option. If you are going to start a business when you are in this area of the state, you will benefit from the great local economy and support given to small organizations. Along with starting a company, you also need to choose a quality insurance plan. There are several situations when a business owner here will need to get commercial coverage.

When Purchasing Important Assets

One situation when a business owner is going to need to have commercial insurance is when they are purchasing important assets. If you are going to purchase equipment or other major assets, you will want to know that you can replace them if they are damaged or stolen. With a commercial coverage plan, you will have the protection that you need in these situations. 

When Obligated to Carry Coverage

You may also need to get this insurance if you are obligated to carry it. There are many situations when having this protection will be necessary. If a business owner has taken out a loan, raised money from investors, or even lease a place of business, they may enter into agreements that will continue to require insurance coverage. This will ensure that you remain in compliance at all times. 

Those that are going to own or manage a business in the Bloomfield, NJ area will want to know that they are picking the right insurance plan for their situation. A great way that you can get the support you need to choose the right insurance plan is by calling E.S.T.I.R. Inc. There are a lot of factors to consider and E.S.T.I.R. Inc. can help you choose the plan that provides the ideal coverage. 

How Contractor Insurance Can Protect Your Landscape Business in New Jersey

If you are running a landscape business in Bloomfield, NJ, you need to have contractor insurance for the multiple liabilities you could face on the job. As a contractor, you are exposing yourself to a number of risks every day. You deal with heavy machinery, sometimes even heavier landscaping, and the properties of commercial and residential customers.

At E.S.T.I.R. Inc. we want Bloomfield, NJ landscapers to be protected with contractor insurance that will cover them for every emergency.

Standard Contractor Insurance Coverages for Landscape Businesses

The most common kind of contractor insurance your landscape business needs to start with is general liability insurance and commercial auto insurance. These insurances will cover you for property damages and personal injury. 

They will also cover you for your commercial fleet or vehicle that you use for transporting yourself, employees, and materials and equipment.

Extended Contractor Insurance for Landscape Businesses

In addition to basic coverages, you can apply for a business owner’s policy that will protect you from a third-party claim or lawsuit. Even a claim about a landscape product that the client didn’t like could land you in court. Things like this could be covered under commercial liability insurance.

Medical expenses may also be added to your contractor insurance. There are a number of accidents that could happen on the job to you, an employee, or a client. If someone trips over a hose or an electrical cord, or worse, the cost could be applied to you. 

Any problems that happen during your work on the landscape could put you in a legal bind that could bury your business. Contractor insurance shields you from the expense of those liabilities.

Get a Quote

When you are covering your bases for your landscape business, contractor insurance with liability coverage is a must. At E.S.T.I.R. Inc., we want Bloomfield NJ contractors in the landscape business to be protected during every possible problem. Call us for a quote for contractor insurance today. 

Why do I need contractor insurance in New Jersey?

The Bloomfield, NJ area is a great place to live and work as it has a strong local economy. Due to this, it can also be a good place to be if you are a contractor. While there is a lot of room for potential success as a contractor in this area of New Jersey, there are also risks involved. One way that you can offset some of these risks is by getting a contractor’s insurance plan. 

Insurance Protects Assets of Business

A reason that you should get a contractor insurance plan is that it can protect the assets of your business. As a contractor, you are going to invest a lot of money into equipment, tools and other assets that are needed to run your business and serve your customers. When you get a full contractor’s insurance plan, it is going to offer the protection that is needed to cover these assets. 

Insurance Gives Liability Coverage

You will also want to get a contractor’s insurance plan due to the liability protection. Anyone that is going to be a contractor will be taking on risk if they cause damage at a job site or someone is injured as a result of their work. This could be a very significant expense if you are found liable for damages. Fortunately, this risk can be mitigated due to the liability protection provided by a contractor’s insurance plan. 

When you would like to get a contractor’s insurance plan in Bloomfield, NJ would be wise for you to call E.S.T.I.R. Inc. The insurance team with E.S.T.I.R. Inc. understands the importance and value of this type of coverage. They can help you by assessing your individual risks and building a policy that will provide the best overall coverage. 

How commercial insurance can save your small business

Every small business owner knows how stressful and full of risks owning and operating a small business can be. Your profit margin is not designed to survive catastrophes. That is where commercial insurance comes in. Your trusted independent agent work with you to access your risks and to make sure you have the correct commercial insurance to protect you and your business. At  E.S.T.I.R. Inc. in Bloomfield, NJ, we have been providing our customers with the best insurance options for more than 20 years. 

Commercial property insurance

You can’t do business without an inventory and the way to produce it. You may own the building you do business out of or you may be a renter but either way, commercial property insurance is vital to making sure you can continue to do business if a covered peril happens to strike. It does cover the building if you are the owner but even if you’re not, it covers a lot of important things. You will help replace your machinery, office equipment, records, inventory, and raw materials. Doing business without these things would be difficult.

Commercial liability insurance

Bad things can happen which will affect your business. Small businesses are an attractive target for people looking to file a suit. It may be they were injured while visiting your business or by a product you produce. You may have made an error that affected a customer adversely. You may even have a disgruntled employee who files a suit against you. Your liability insurance may be all that is between you and closing your doors. It will help pay legal fees as well as a judgment against you up to the limit of your policy. 

Other lines of commercial insurance may be a good fit for your business. In Bloomfield, NJ contact E.S.T.I.R. Inc. for all your commercial insurance needs. 

Does Your Company Need Contractors Insurance?

If you’re working as a contractor in New Jersey and you have your own company, being insured is a very important part of protecting the investment in your business. Contractor’s insurance can help reduce your liability and make it easier for you to focus on the job at hand. You want to get things done and build up your company, not spend time worrying about whether you’re covered. By working with our knowledgeable agents at E.S.T.I.R. Inc., your Bloomfield, NJ area company can get the proper coverage and you can have more peace of mind.

There are different companies that offer insurance for contractors, and there are also some different types and levels of coverage. Because of that, it’s a good idea to work with professionals to make sure you’re getting the protection that’s really right for you, instead of just the basics or something that doesn’t really fit your business model. Depending on several factors surrounding your business, you may need more or less coverage than you would expect. But our agents are here to help you with that, so you can determine what’s needed, choose a policy that works for your needs, and get back to running your business.

Reach out to us today at E.S.T.I.R. Inc. if you’re in the Bloomfield, NJ area and need contractor’s insurance. You might be just starting up your company, or maybe you’ve been working at it for years and just need to update your policy. No matter what questions you have about this type of insurance, you’re coming to the right place by working with us for your coverage needs. We’ll make sure you have all the information you need, so you can make an informed choice about the insurance policy that’s best for your business.

Commercial Insurance Can Mean Quality Protection

When it comes to having the right kind of protection for your business, commercial insurance can be the right choice. But these kinds of insurance policies aren’t needed for every business. The policy can also vary quite a bit, depending on the kind of business you have and other factors. If you’re not sure about the right policy for your company, talking to E.S.T.I.R. Inc. can help. For anyone in business in the Bloomfield, NJ area, we can work to find a policy that will give your business the protection it needs. That means you’ll have peace of mind, so you can focus on running your business.

Whether you need commercial coverage depends on several things. If you’re working from home and everything’s done online, for example, you might not need a commercial policy. But that could also depend on the kind of business you have and how it’s operated. For companies that have employees, and those that have customers coming through their doors, a commercial policy is generally assumed to be a necessity. That’s because both employees and customers can become injured or have other issues with your business, and you’ll want to be sure you’ve got good protection from any claims that are made.

Reach out to us today at E.S.T.I.R. Inc. and let us help you find the right commercial insurance policy for your company. If you’re in or around the Bloomfield, NJ area, we can work with you to find coverage that’s going to give you protection and peace of mind. Then you can put your worries about insurance to rest and enjoy working on building a business you’re happy with. There are great policies available that will give you plenty of security for your company, and we want to help you choose the right one for your needs.

How Winter Snow May Impact Commercial Insurance Policies

E.S.T.I.R. Inc. serves the Bloomfield, NJ community by offering residents multiple types of insurance coverage. We want to help our clients find policies that will allow them to enjoy a secure lifestyle. We value creating long-lasting relationships with our clients.

How Winter Snow May Impact Commercial Insurance Policies

Small business owners are valuable to the Bloomfield, NJ community. However, operating a business on a daily basis comes with a lot of risks and responsibilities. Commercial insurance allows you to protect the future of your business. The policy covers any damage to your property, as well as your inventory. You’ll also be covered if your equipment is vandalized or stolen. As the season’s change and things start to get colder, some of the potential risks that your business may deal with start to increase. Heavy snow has the potential to cause serious problems if you are not prepared.

Liability coverage is extremely important. During snowy conditions, ice may develop. If one of your customers slips and falls on the ice while visiting your business, liability coverage will protect you. Consider the benefits of worker’s compensation as well. Your employees face the same conditions as they are coming to work. Worker’s compensation protects the interests of your business and your employees if an accidental injury occurs. Make sure that the snow is shoveled regularly around your business and put some ice down as well.

If you use vehicles as part of your business, you can add coverage to your policy. This is important, as winter driving can be very dangerous at times. The commercial coverage will protect your vehicle if you are involved in a collision while traveling through the snow. Also, consider adding uninsured coverage so that you will be protected if you are involved in an accident with someone who is not covered.  

E.S.T.I.R. Inc. Will Help You Protect Your Investment

A Look At Some Common Misconceptions About Contractor Insurance

E.S.T.I.R. Inc. assists the Bloomfield, NJ community through helping residents find insurance coverage. For over 25 years, we have helped our clients find policies specifically designed to meet their individual needs. We will work diligently to help you find the coverage that you deserve.

Common Misconceptions About Contractor Insurance

If you are a contractor in the Bloomfield, NJ area, it’s important that you protect the future of your services. Contractor insurance protects your business from an assortment of different risks that you face on a daily basis. Your assets are protected in case an accident causes damages. You can enjoy peace of mind so that the future of your business is not impacted. Liability coverage will protect you if something goes wrong while you are operating your product. While researching different contractor insurance policies, learn about these common misconceptions.

You may have heard that worker’s compensation isn’t necessary. This is not true, as worker’s compensation assists your services regardless if you have a large number of employees. Accidents can happen at any time, so it is important that you consider the benefits of worker’s compensation. Without it, you may find yourself liable in a potential situation. Perhaps you believe that you don’t have to protect your employees if they don’t have their own coverage. This is incorrect. If your employees suffer a serious injury while working on a project, you may still be held liable without worker’s compensation.

Also, if you are using vehicles for your contractor’s work, make sure that you have a separate policy to cover the vehicle in case you are involved in a collision. If you are planning to work on a large project in the future, consider adding umbrella coverage to protect you in case an emergency happens.

E.S.T.I.R. Inc. Will Help You Protect Your Future

Visit our website to learn more information about contractor insurance.  

Why Having Contractor Insurance Is so Important

Contractor insurance is extremely important to have no matter what type of service you offer. The agents at E.S.T.I.R. Inc. can assist contractors in the Bloomfield, NJ area in finding the insurance they need to protect themselves and their business from various types of liability. Understanding what risks they face on a day to day basis is the key to having the coverage they need for peace of mind.

Protects Your Assets

Contractor insurance protects your assets, covering damages, and providing compensation for repairs that are needed to keep your business running smoothly. Without your equipment and other assets, you can’t operate your business. Making sure you have adequate coverage is essential. 

Reduces Your Personal Liability

Contractor insurance also includes specific types of liability insurance. Liability insurance covers injuries, defective workmanship, and product liability. With the right type of liability coverage, you can protect yourself and business from financial disaster.

Protects Your Business 

Your business is your livelihood. With contractor insurance, your business will be protected on many different levels, ensuring its financial security and protecting you from losing your investment. You invest not only your money but also your time and your passion. Protecting your business with the right type of contractor insurance is the best way to maintain positive growth, even during difficult times.

At E.S.T.I.R. Inc., each agent has special training that gives them the knowledge they need to help Bloomfield, NJ contractors protect their business. Contractor insurance is not only an investment in your business, it is a security blanket that will protect your business as well as your personal interests from financial disaster. Schedule a meeting with your agent so that you can learn more about your contractor’s insurance policy and how it is benefiting your business. 

Three things you didn’t know about commercial insurance in New Jersey

New Jersey business owners need to understand how commercial insurance works. They need to explore their commercial insurance options in Bloomfield, NJ. At E.S.T.I.R. Inc. we can help business owners find the answers to their questions about commercial insurance.

The following are three things you might not have known about commercial insurance in New Jersey.

New Jersey businesses with employees need workers compensation insurance.

Commercial insurance is especially important for companies with employees. If you have either full or part-time employees working for you, you need to invest in worker’s compensation coverage.

Make sure you explore worker’s compensation insurance requirements and meet these requirements. Otherwise, your company could be subject to fines and penalties. 

Companies using vehicles for commercial operations need commercial auto coverage.

For many companies, it’s necessary to use a vehicle for transportation for everyday business operations. If this is the case with your company, you need to carry commercial auto insurance.  

The state of New Jersey requires that companies carry at least $30,000 in bodily injury coverage per accident and at least $5,000 in property damage coverage per accident. 

Commercial liability coverage is especially important in New Jersey because lawsuits are common. 

Commercial liability coverage is not required by law in New Jersey. However, it’s a good idea for New Jersey business owners to carry liability insurance.

Unfortunately for business owners in the state, lawsuits against businesses are particularly common in New Jersey. For this reason, carrying commercial liability insurance is definitely a good idea. 

If you’re on the market for a commercial insurance policy, we’d be happy to hear from you at E.S.T.I.R. Inc. Get in touch with us for answers to your questions about protecting your business in Bloomfield, NJ.