Smart Services Junction Inc | Construction Contractor Insurance Uniondale

General Liability Hempstead, NY 11550 General liability insurance policies typically cover you and your company for claims involving bodily injuries and property damage resulting from your products, services, or operations. It may also cover you if you are held liable for damages to your landlord's property . Types of Liability Insurance In addition to GLI, there are other types of liability insurance you can get. Commercial umbrella insurance provides additional limits on top of some of your existing liability policies to help pay for expensive claims. Employment practices liability insurance can help cover your legal defense costs and settlements or judgments if a current or former employee sues you for employment-related harassment, discrimination, or wrongful termination. Management liability insurance helps protect your business's directors and officers from costly claims. Commercial auto insurance helps protect you and your employees on the road if you’re driving a ...

Disability Insurance Hempstead, NY 11550 A disability is any condition of the body or mind (impairment) that makes it more difficult for the person with the condition to do certain activities (activity limitation) and interact with the world around them. New York is one of a handful of states that require employers to provide disability benefits coverage to employees for an off-the-job injury or illness. Disability benefits are temporary cash benefits paid to an eligible wage earner when he/she is disabled by an off-the-job injury or illness. during pregnancy and/or childbirth. Employees may be eligible for PFL to bond with a new child, care for a sick family member, which could include organ donation, and address a qualifying military exigency. How Disability Insurance Works Oftentimes, insurance products will protect against a specific loss, such as when a property and casualty insurance plan reimburses the policyholder for the value of the stolen property. However, in the case of d...

 Builder's Risk coverage Uniondale 11514 Builder's risk insurance, also known as course of construction insurance , is a specialized type of property insurance that helps protect buildings under construction. Builder's risk insurance helps protect construction projects from property damage due to: Fire. Lightning. Builder’s Risk insurance is designed to provide coverage for loss or damage to a building under construction and generally insures the construction project in its entirety as opposed to a specific component, such as a roof. In both cases the total cost of construction is used as the BR policy limit, During the course of construction, New York contractors , whether large or small, have different risks. Therefore, contractors throughout New York need a professional insurance agent to determine those risks. We have been helping many contractors and builders to assess these risks and insurance needs. Why is Builder’s Risk Coverage insurance important? A builder’s ris...

Worker's compensation Hempstead, NY 11550 Workers’ compensation insurance provides medical and wage benefits to people who are injured or become ill at work. The coverage is mandated by each state and the wage and medical benefits vary by state. Who is required to carry workers’ compensation insurance? All states, with a small number of exceptions, require businesses with employees who are not owners, to purchased workers’ compensation coverage for those employees. Businesses that fail to provide workers’ compensation coverage can face severe and costly repercussions including payment of claims out of pocket, fines, and possible imprisonment, as well as possibly losing the right to conduct business in the state. How do workers’ compensation claims work? The injured parties must visit a healthcare professional immediately so a doctor can provide medical reports to support any claims. Employees can then begin the claims filing process with  Smart   Services Junction Inc | Ins...

 Personal Liability Garden City, NY 11501 Smart Service Junction Uniondale, NY 'Personal liability coverage' is something included in your renters or homeowners insurance policy which protects you if you're legally responsible to pay for something that happened to someone else. The personal liability coverage within your homeowners policy provides coverage to pay for claims of bodily injury and property damage sustained by others for which you or covered residents of your household are legally responsible. Personal liability is important when it comes to hiring a contractor. Our Prudent company wants to ensure that the personal liability insurance policy in Uniondale NY that they are getting has an adequate amount of coverage in case of an accident or injury that occurs on the job. Many businesses choose to get liability insurance in order to protect themselves, but what does it cover? The most common type of coverage is General Liability Insurance . This is the type of i...

 Hospitality Insurance Hempstead, NY 11550 Hospitality business insurance is coverage for establishments such as hotels and restaurants, as well as any other similar type of business that receives guests for paid dining, entertainment, and sleeping accommodations. Coverage includes protection against liability and insurance money for loss or damage. It’s your job to serve your customers. It’s our job to help determine what insurance coverages are best for your company. If you and your agent are looking for the protection and resources to keep your business running, we’ve got the experience to provide you with customized coverage. Those who work in hospitality and leisure help us get away from the stresses of life. Our company understandably take their reputation seriously and want to protect it. Hospitality & Leisure Insurance Coverage Considerations Liability insurance to protect your business from those who are injured or damage sustained by guests on your property. Prop...

Business Owners Policy Roosevelt, NY 11520 A business owner policy (BOP) is a package that bundles basic insurance coverages i.e. general liability insurance , commercial property insurance, and business interruption coverage. and is sold at a premium. A BOP typically protects business owners against property damage, peril, business interruption, and liability. Who needs a business owner policy? If you own or rent a workspace, you likely need a business owner's policy. Although eligibility varies by the insurance company , business owner's policies are typically available to many small businesses like restaurants or retail shops. Most small businesses need general liability insurance and commercial property insurance when they rent or own an office or other commercial space. What does BOP insurance cover? The 2 main coverages provided in a BOP are liability and property coverages. Some examples are: Bodily injury or property damage liability (e.g., you spill water on a clien...

Contractor Insurance East Meadow, NY 11554 Business insurance is a type of insurance that protects the interests of a company. Contractors are a crucial part of the workforce in many industries. Contractors insurance is a non-standard insurance policy that provides coverage for property damage and third-party injury or damage claims, the two primary types of risks on construction projects. Third parties, including subcontractors, may also become injured while working at the construction site. It is important for contractors to have the right type of insurance to protect themselves from any potential accidents or injuries that may happen on the job site. There are several types of contractor insurance available to choose from, including general liability, workers' compensation, and more. The best way to ensure you have all your bases covered is by getting a quote for a contractor insurance plan from an agent who specializes in this type of coverage. What does it cover? Each constr...

Commercial Auto Insurance East Meadow, NY 11554 Commercial Auto Insurance Commercial auto insurance provides a variety of coverages for cars, trucks, vans and other vehicles used by your business. Commercial auto insurance typically provides coverage for: Liability damages ; collision or comprehensive physical damage loss to your business autos; medical expenses for injury to occupants of your business autos; and damages sustained by occupants of your business autos due to negligence of an uninsured motorist. What are the  benefits  of commercial car insurance? Commercial auto insurance can reimburse policyholders for the costs of vehicle repairs they may need following a crash, regardless of who is at fault. Many policies even provide coverage for uninsured and underinsured motorists, providing an extra layer of protection. Medical payment and lawsuit coverage. Why should I buy my commercial auto insurance from Smart Service Junction? When you think of it, you think of compet...

 Umbrella Insurance North Merrick, NY 11566 The world of business insurance is changing. Newer models such as umbrella insurance are providing more comprehensive coverage at a lower price point. Umbrella policies are often sold in increments of $1 million with the most common amount being $2 million. This type of insurance can also provide coverage for lawsuits, property damage, and even damage to your business’s name. Early on in your business, these types of risks would have been too expensive to insure but with the changes in the market, they are now affordable for many new businesses especially those with a history of losses or substantial debt. Umbrella insurance is also referred to as excess liability coverage . You can get it for personal or commercial use. Umbrella insurance helps protect you when the costs exceed what you would be covered for under your other policies. It can help cover legal expenses, lawsuits, and settlements that go beyond the limits of your other poli...

Home Owners Insurance Freeport, NY 11520 Home insurance protects the homeowner from financial loss in case of damage, loss, or theft. This type of insurance is mainly geared towards protecting the property. Some policies may also offer coverage for other perils, including fire, storm, and theft. The monthly premiums may be adjusted depending on the value of the property being insured. Check out your home insurance policy to see if it is the right level of protection for you. The right homeowner's insurance helps protect against losses from sudden, unforeseen events. It can also help provide peace of mind by protecting your family's health and assets outside the house. Different Types of Homeowners Coverage: Actual cash value: Actual cash value covers the cost of the house plus the value of your belongings after deducting depreciation (i.e., how much the items are currently worth, not how much you paid for them). Replacement cost: Replacement value policies cover the actual cas...

 Lessor’s Risk Only Hempstead, NY 11550 The lessor’s risks are limited to the costs of repairing or replacing the property, but not to consequential damages. Lessor's risk only is a type of lease transaction in which the tenant takes the title to the property at the end of the lease term, with no requirement for any payment from them to be made. In a lessor’s risk-only lease, the lessee is entitled to keep the property at the expiration of this lease. The lessee may also have an option or right to purchase it for a predetermined price. In some instances, there may be a penalty fee if they do not exercise this option. Why is Lessor’s Risk Only important? Lessor’s risk only shields you against tenant claims of property damage or bodily injury due to your wrongful act. It has nothing to do with protecting your own commercial property against various types of damage. For that, you need commercial property insurance. COMPANY NAME:  Smart Services Junction Inc |Construction Contract...

Landlord insurance in the Roosevelt, NY,11520 Landlord Insurance can protect you from any financial loss that may occur to your rental property from accidents, injuries, or lawsuits . Since landlord insurance is very cost-effective, it is always a good idea to be protected in case of a loss. The Smart Services Junction landlord Insurance offers high levels of standard cover, plus options to increase limits and extend your cover if you need to. You also have the flexibility to lower your excess for a higher premium or increase your excess for a lower premium, whatever works for you. Standard home insurance isn’t designed for rental properties – you need Smart Services Junction, specialist landlord insurance that will provide cover whether your property is vandalized or damaged by a flood. With so many landlord insurance products available, finding the right policy with the right level of cover can be difficult, especially as no two policies are the same. We cover a wide range of proper...