FAQS Answered by Insurance Professionals
As a small to medium sized business owner, you understand the risk and profits that each day brings. Insurance advice is something that we offer for free to our members to help you secure the most favorable outcome of any situation the business might be involved in. Here at ONIT we offer experienced and licensed insurance agents that take regular insurance and risk continuation courses. So when the times comes and you do need information about how to reduce risk, our agents are ready to provide professional and sound advice.
Why do I need business insurance?
Honestly, really bad things could happen to the business from internal or external risk that are hard to determine. Imagine insurance is your umbrella, which shields the business from the risk of rain that might come pouring down at any moment from any where.
Any savings with insurance?
The first option ro savings is a Business Owner's Policy (BOP), this coverage will bundle General Liability and Property Insurance in one policy. If the business is eligible for this policy then you will pay much less. The next option is to reduce your risk exposures by putting safety nets in place to reduce accidents that create claims.
What’s in business insurance?
That depends on what type of business you have and how much risk you want to reduce. Business insurance coverage usually coverers general liability, property protections, Business Owners Policy (BOP), Commercial Auto Insurance, Workers Compensation, Professional Liability and Cyber Insurance. Not all business insurance is equal. ONIT has went above and beyond to gauge what coverage your business really needs without compromising protection.
Why Get Workers Compensation?
Workers Compensation insurance policies are regulated by the state. Based on where you live determines your requirements, although most states make workers comp mandatory when the first employee is hired on. Please take a look at your state's workers compensation guidelines for more detailed information.
Whats a Certificate of Liability?
This important single page document will act as proof of coverage and list important policy information within it. Most of the time these certifications are required by your clients to sign contracts to prove certain amounts and liability insurance. We make sure these documents are easily accessible for you and updated right away.
How to update my policy?
Give us a call anytime at (602) 730-0559