Why Get Online Business Insurance?
Online business insurance
is a convenient way to buy essential coverages that can help protect your business. You can get quotes, compare rates, and learn about the coverages that can benefit your business all without leaving your seat. That’s the beauty of commercial insurance quotes online.
Something as simple as an inch of water leaking into your office can create thousands of dollars of property damage. Not to mention if the issue goes unchecked, it may result in a liability claim in the future. Liability claims can cost upwards of hundreds of thousands, if not millions, of dollars. It’s important that you’re protecting your business at all times from the unexpected. It’s also important if you’re starting a business to get the coverages you need.
Types of Business Insurance Online
General liability insurance
is one of the most common and essential coverages you can get for your business. This coverage helps protect your business from the devastating costs of common liability claims. These can include:
Third-party slip and fall accidents
Claims made against you by others for property damage
Claims made against your business for another type of injury.
For example, let’s say a client is walking through an accounting office and slips on some loose carpeting. The client falls and injures his hip. He makes a claim against the accounting firm for the cost of his medical bills and for his lost wages during the time he missed work. The accounting firm’s general liability insurance policy can help cover the costs of this claim.
Without a general liability insurance policy, the accounting firm may have to pay the cost out-of-pocket. Few businesses are able to manage the costs of a liability claim without insurance. This includes small businesses, which also need small business insurance protection for claims like these. One thing to note is that general liability insurance does not cover the cost of all claims. For instance, claims made against you for errors in services you provide are not covered.
Professional liability insurance
helps protect you from claims resulting from mistakes in professional services. For example, say an affiliate marketing firm creates a social media marketing campaign for a restaurant franchise. The restaurant franchise launches the marketing campaign and their sales tank. As a result, the restaurant franchise makes a claim against the marketing firm. They say that the firm’s recommended marketing strategy resulted in a significant loss of sales for the restaurant. The marketing firm’s professional liability insurance policy could help cover the costs of this claim.
Commercial auto insurance
helps cover the costs of claims made against you or your employees when a car accident occurs. This coverage also covers online businesses. Insurance can help cover even remote workers that are driving for you if they are under your policy. For example, say a landscaping employee rear-ends another vehicle while driving to a job site in a company truck. The other driver makes a claim for damages and injuries. The landscaping company’s commercial auto insurance can help cover the costs of these claims.
If you or your employees drive for work purposes, then you are likely required by state law to have this coverage.
Another insurance coverage that most states require is workers’ compensation insurance
. If your business has employees, then you’ll most likely need this coverage. Workers’ comp helps provide benefits to employees who become injured or ill as a result of doing their job.
In the unfortunate event that an employee dies on the job, this coverage can help provide benefits to the employee’s family or beneficiaries. These benefits help pay for the cost of necessary medical procedures and wages lost while the employee is out of work due to their injury or illness. There is also coverage available that can help train employees who are returning to work. This training is especially handy if these employees are taking on different roles than they had before their injury or illness.
You can never have too much coverage. If a covered accident damages your business’s property, commercial property insurance
can help cover costs. For example, say a storm knocks a large tree branch onto your business’s roof. Commercial property insurance can help cover the costs to repair or replace damages
If it seems overwhelming to manage a few business insurance policies, consider a business owner’s policy
(BOP). A BOP combines three coverages into one policy. These coverages are:
Instead of managing these three coverages separately, you have one simple contract and one single bill. You can also customize your BOP to address the unique risks facing your business or industry. You can do this by choosing from a broad list of optional coverages. At The Hartford, we offer a variety of coverages you can add to a business owner’s policy. We pride ourselves on being an insurance company that has the protections you need.
Online Business Insurance Services
Compare Online Business Quotes
Shopping for online business insurance is easy. You can compare commercial insurance quotes, rates, and coverages by doing some research via search engines.
You can also get reviews with ease from your phone, computer or tablet. During your search, be sure to check out our coverage options. We’ve made the search process even easier with a streamlined online quoting option. Once you decide to buy, we’ll connect you to a business insurance specialist who can further assist you. They’ll be eager to help provide answers to any questions you may have.
How to Get an Online Certificate of Insurance
If you plan on doing business with larger companies, then you’ll likely need to show a certificate of insurance
. This assures the larger business that you have the coverage you need to ensure your business is able to meet its obligations in case of a covered event. The Hartford makes it simple for you to provide a certificate of insurance. The process is quick, and we usually verify coverage within hours.
What Options Are Available for Online Payments
The Hartford offers online billing solutions that fit the needs of each one of our customers. You can also choose to pay an annual or monthly premium for most coverages. Those who choose to pay their annual premiums up front usually see lower premium rates for their business coverages.
What Is the Difference Between Online Bill Pay and Express Pay?
Online Bill Pay requires you to log in to your account. From there, you can access account features and pay your business insurance online. Online Express Pay gives customers the ability to pay online without having to log in.
To do this, simply:
Go to Express Pay (no login required) in our Online Business Service Center.
Enter your policy or bill account number, billing zip code, email address and hit “continue.”
Customers can choose the amount they want to pay and choose their desired payment method.
Does The Hartford Offer a Paperless Option?
To go paperless:
Log in to the online Business Service Center.
Click “my profile.”
Under the document delivery section, click “go paperless.”
Top 3 Reasons to Get an Online Business Insurance Quote From The Hartford
The Hartford’s online business insurance quote experience offers:
Variety of Insurance Coverages
Within minutes you’ll receive a customized online quote based on the unique information you provided about your business. Our broad array of coverages makes it easy for you to tailor solutions specifically to your business needs. Our experienced specialists are always ready to assist you.
Simply get a quote today
and find out how The Hartford can help you protect your business.
What Is Online Business Insurance?
Online business insurance requires relatively the same amount of coverage as any other small or large business does. Data breach protection might be an additional insurance option that may be important for your online business. Online business insurance quotes are readily available from The Hartford.