Protect Your Business
Covering the Carpenter
This is the story of a diligent and crafty carpenter named Mike who carved his path to business success, and his insurance agent who helped him protect his business along the way.
From a one-man show, Mike had grown his carpentry business into a bustling enterprise with twenty skilled employees in just five years. Recognizing the need for proper protection as his business expanded, Mike turned to his trusted insurance agent at MVP Insurance. With his agent’s guidance, Mike fortified his business with liability insurance to shield against unforeseen accidents, worker’s compensation to support his dedicated team, and property coverage to secure his growing workshop.
Mike faced a few unexpected mishaps along the way, but because he had purchased proper insurance protection from MVP Insurance, Mike was able to ensure his business remained financially secure and his creations became renowned far and wide. Their partnership was a testament to the power of teamwork, showing that when craftsmanship and insurance expertise came together, success could be built to last!
At MVP Insurance, we help businesses like Mike’s carpentry shop navigate the challenges of maintaining proper insurance coverage. As businesses grow, insurance needs often get more complex as they face evolving risks, regulatory changes, expanding coverage needs, risk mitigation strategies, and the need for time and expertise from a Trusted Agent. We believe that providing the Most Value Possible goes far beyond just selling a policy, but by helping businesses navigate these challenges in order to ensure that a growing business remains adequately protected while minimizing risks and costs.
General Liability Insurance
Commercial General Liability insurance is a fundamental form of coverage that protects businesses from financial losses resulting from third-party claims of bodily injury, property damage, or personal and advertising injury. It is designed to cover legal expenses, settlements, and court-awarded damages arising from incidents that occur on the business premises or as a result of business operations. This insurance is crucial for businesses of all sizes and industries as it helps safeguard against a wide range of potential liabilities, such as slip-and-fall accidents in a retail store, damage to a client’s property during a service, or allegations of defamation or copyright infringement in advertising. General Liability insurance provides peace of mind and financial protection, allowing businesses to focus on their core operations without the constant worry of costly legal disputes.
Commercial Property Insurance
Commercial Property Insurance is a type of business insurance that provides coverage for a wide range of physical assets owned or used by a business, including buildings, equipment, inventory, and furniture. This insurance is designed to protect these assets from various perils, such as fire, vandalism, theft, natural disasters, and other unforeseen events. In the event of damage or loss, commercial property insurance helps businesses recover by covering the cost of repairs or replacements, ensuring minimal disruption to operations. It’s a crucial component of risk management for businesses, as it safeguards valuable assets and helps maintain financial stability in the face of unexpected property-related incidents.
Workers' Compensation
As the adage says, “People are your most important asset”. Workers’ Compensation Insurance provides financial protection to employees and employers in the event of work-related injuries or illnesses. It offers wage replacement and medical benefits to employees who suffer injuries or become ill while performing job-related tasks. Employers are required to carry this insurance to ensure that injured employees receive prompt medical care and wage replacement, while also protecting the business from costly lawsuits related to workplace accidents.
Commercial Auto Insurance
Commercial auto insurance provides financial protection for businesses against losses or liabilities arising from accidents involving company-owned or leased vehicles and can also provide protection for employee-owned vehicles when used for work-related tasks. This insurance typically includes coverage for bodily injury, property damage, medical payments, and physical damage to the vehicles. Commercial Auto Insurance is essential for businesses to safeguard their assets and mitigate potential financial risks associated with accidents, ensuring that they can continue their operations smoothly.
Additional Lines Offered
All Businesses are unique and have different insurance needs. In addition to the policies above, at MVP Insurance we offer many more insurance services to make sure we can provide the right coverage for your business. Here are many of the other policies we offer at MVP Insurance:
- Bob Tail
- Construction Bonds
- Errors and Omissions
- Inland Marine
- Notary Bonds
- Builders Risk
- Cyber Liability
- Event Liability
- Lessors Risk (LRO)
- Professional Liability
- Commercial Umbrella
- Directors and Officers (D&O)
- Garage Keepers Liability
- Liquor Liability
- Surety Bonds