Shop for commercial insurance through The Progressive Advantage® Business Program. We’ll help you customize a New York business insurance policy based on your needs. The information provided on this website does not constitute New York general liability advice. All content and materials are for general informational purposes only.

As a contractor in a very populated state like New York, it is imperative to your business and peace of mind that you have an excellent insurance package in place. Property Damage – Damage to your clients’ property or any other property during your work is something that you will be responsible for. An example of this would be you are working inside a client’s home replacing cabinets and damage the flooring.

Submit a claim online or by phone, and we’ll work quickly to pay your covered claims up to your policy’s limit. Wholesale and DistributionRead informative articles on New York wholesale distribution insurance. Lodging PlacesFind out what types of business insurance that New York hotels, motels and other lodging places should have to protect their varied operations. The Empire State is where you want to be if you want to start a new venture in one of the world’s business capitals.

The state of New York requires every business that has employees, full-time or part-time, to carry workers’ compensation insurance. If you own a contracting business, you know that even with the best of planning, things don’t always work out perfectly. Human error, faults in materials, even “acts of God” can contribute to accidents and injuries on job sites every year. That’s why every contractor needs solid, reliable insurance coverage tailored to their specific and changing needs.

But, if you do not purchase this extra coverage, your standard commercial general liability policy does not protect your business against liquor-related claims. While the law may not state it, there’s a good chance you need to carry other business insurance policies in addition to workers’ comp. Many contracts require a general liability policy and/or a professional liability policy. Even if your customers, clients, or partners don’t require you to carry specific policies, it’s recommended that you carry policies to cover any part of your business that could be at risk.

Is the most effective way to gain a wide range of coverages under one policy. Since we can never be too sure of an accident’s arrival, this is a vital policy for businesses of all shapes and sizes to hold. You can learn more about general liability for businesses by speaking to one of our knowledgeable agents today.

Most personal auto policies don’t cover vehicles used for business, which includes transporting supplies or traveling between job sites. It covers injuries and property damage in an accident, along with vehicle theft, vandalism, and weather damage. A BOP bundles business property insurance and general liability coverage in one plan. It’s often the most cost-effective type of commercial insurance for a New York business.

Most small business owners opt for a general liability policy with a $1 million per-occurrence limit and a $2 million aggregate limit. There are certain instances where your business is legally required to have general liability insurance. You may sign a contract with a client for work and that contract can specify that you prove you are covered. You may lease space and your lease contract may stipulate that you retain general liability coverage while you are a tenant. If you are financing a building or equipment, your lender may require GL coverage. Below, we offer a brief overview of New York’s economic status, as well as the types of insurance policies business owners are legally required to carry, and policies that they should consider investing in.