Business Insurance

Whether you are a multinational corporation, an average-size domestic brand or a rapidly growing local trade; your business can face an array of risk, at any moment. In order to maintain distance from unnoticed threats, you can rest assured with special protection and an insurance team with decades of experience.

Bonano Insurance is a reputable insurance service provider who safeguards businesses of all kinds and sizes from any claims, damage or injury. Unlike traditional insurers, we focus on a few specific types of insurances with extensive experience in areas that most general insurance companies find quite complex. We understand what it takes to run a business smoothly, and with this clearly in mind, we have been offering market leading business insurance services since 1983. In addition, we work to provide the type of coverage you require at the price that suits your budget.

We are committed to business insurance of the highest caliber and professional excellence. We follow only the best practices in the industry to ensure your business stays in good hands, throughout the year.

Our most common business insurance services are listed below. However, if you need something in addition to what is listed here, just ask!

Commercial Property / Business Interruption:

Commercial property/Business interruption insurance comes into effect when events such as fire, vandalism or other natural disasters force a business to either slow down or completely shut down. Whether purchased as a part of the business owner’s policy or as add on to a commercial property policy, the insurance will cover up the lost income and the operating expenses.

Commercial Umbrella:

Meant for offering business with added liability coverage, commercial umbrella insurance becomes useful when a claims on a business’ primary insurance policy has exceeded its limits. The insurance is provided by every major national carrier who provides small business insurances and its coverage cost varies based on the business type and other factors.

Commercial Vehicle:

If a business requires using vehicle(s) and an accident takes place involving the vehicle(s), commercial vehicle insurance covers claims arising from such misfortunes. Although most of the time, coverage includes only the bodily injuries and third-party liability for property damage, a few commercial vehicle policies also pay for first-party coverage such as collision and medical expenses.

General Liability Insurance:

General liability insurance, also known as business liability insurance comes handy when a business becomes responsible for lawyer’s fees and medical expenses, arising from property damages and bodily injuries. It will as well cover the business owner, if s/he is held responsible for landlord’s property damage. Almost all commerce requires the insurance. 

Commercial Flood:

As the name suggest, commercial flood insurance covers losses done to a business and its contents by a flood. Commercial flood insurance pricing differs based on the location of the trade. An insurance provider will rate elevation, location, buildings and a number of other factors.

Business Use Auto:

Business’ that makes use of cars, vans, trucks or other larger fleets should purchase business use auto insurance, as it is a policy of damage and liability coverage for situations and amounts. The insurance bears expenses for bodily injuries, combined single limit (CSL), uninsured motorist coverage, collision, property damage, medical, comprehensive physical damage and etc. It also covers costs not covered by personal auto policy.

Worker’s Compensation Insurance:

Designed for employee’s benefit, worker’s compensation is a type of accident insurance paid by employers. In other words, although no payroll deduction is made from an employee’s salary, medical expenses are covered if s/he is injured in the workplace or contract a work-related sickness. Furthermore, in case s/he can’t work, it will also cover wage-loss compensation until s/he returns to work.

Owner/Landlord/Tenant:

Owner/Landlord/Tenant insurance allows an individual to pay the expenses if s/he is found responsible for bodily injury or property damage. It offers the advantages of a homeowners’ insurance, but does not comprise the coverage for the dwelling or the structure.