Tag Archive Workers’ Compensation

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Quality Coverage for Niche Industries

Is there an insurance plan for every industry? Yes, but they are not all the same. That is why you need specialized insurance in Ann Arbor for industries such as home health care and cannabis that are not adequately covered by traditional insurance programs. Source: https://www.thayerinnes.com/.

Areas of Coverage for Unique Businesses

There are two specific and unique niches that require different insurance than most traditional companies. The first is the cannabis industry that has expanded recently, with farms, distributors, and dispensaries opening and providing medical and legal marijuana to consumers. The second is the home health industry that provides medical and cares services to patients in the home, such as administering medication, diabetes management, wound care, physical hygiene, therapy, and companionship. To provide these specialized services that are distinctive to your industry, your business may need policies that cover the following areas of your practice:

Workers’ compensation
General liability
Cybersecurity
Commercial property
Equipment repair
Employee crime
Product recall
Directors and officers liability

Specialized Policies for Your Business

The cannabis and home health care industries became popular in recent years, but traditional insurance plans do not necessarily provide the right kind of coverage. That is where specialized insurance in Ann Arbor comes in to help protect your business against various claims.

commercial broker insurance

Insurance for All Types of Businesses

No matter what industry your business is in, you need insurance coverage that protects you, your employees and your business. Commercial broker insurance provides policies designed for your business that offer both standard and specialized coverage options.

Products Made for You

Every business faces risks, but some are industry-specific and require customized insurance policies to mitigate those risks. Working with experienced insurance agents means your commercial insurance policy can be based on your needs and provide coverage that lessens the threats you face. There is a range of standard and specialized policies available for your business to choose from, including the following:

  • Workers compensation
  • Commercial auto
  • Inland marine
  • Builder’s risk
  • Liquor liability
  • Products liability

An insurance agent can develop a policy that takes into account your business, your industry, and your needs, so the end result is a tailored policy that provides ample protection. No matter what your risks are, there is a policy that can protect your business in times of need.

Insurance Solutions for Your Business

Whether your business is in a niche industry or a standard one, commercial broker insurance policies can provide the level of protection you need to operate your business safely and without worry. When you’re covered, you can confidently offer your services and products with peace of mind.

workers compensation insurance broker

How to Find a High-Quality Insurance Broker for Your Workers’ Compensation Needs

How to Find a High-Quality Insurance Broker for Your Workers’ Compensation Needs

When beginning the search for an insurance company to meet your needs, consider the value of a relationship with an insurance broker that will put together a comprehensive plan for your business. One of the most important and potentially expensive areas to consider is Workers’ Compensation. Therefore, look for a Workers’ Compensation insurance broker with a variety of qualifications and experience.

Competency in Workers’ Compensation

It’s a good idea to have a picture of your company in mind before meeting with insurance brokers. Think about the size of your business, the work you perform and the number of staff you employ. Research local insurance brokers to find highly rated and recommended professionals with proven success in Workers’ Compensation cases.

Signs of a Quality Insurance Company

Make a list of what you would like in a relationship with your Workers’ Compensation insurance broker. It could include, but not be limited to:

• High ratings of excellence on a national level

• Flexibility with regard to payments and plans

• Leverage in the insurance market

• Solid management of risks

• Options for self-insurance or captive insurance

An excellent Workers’ Compensation insurance broker should recognize the value of putting together an insurance plan that benefits you and your employees both now and in the future.