No matter your industry, your business faces daily risks. CNS Insurance offers a wide range of tailored business insurance solutions to help identify, manage, and reduce those risks. Beyond handling claims, they help you prepare for potential issues and recover quickly from unexpected events—giving you a competitive advantage by effectively controlling your total cost of risk.
Business Insurance Types
Business Owner's Policy (BOP)
A Business Owners Policy (BOP) is a comprehensive insurance package designed to protect small to medium-sized businesses from various risks. In Pennsylvania, business owners often choose a BOP as a cost-effective way to secure multiple coverages under one policy. Below, we break down the key components and options typically involved in a BOP for businesses in Pennsylvania.
Commercial Auto Insurance
As a Commercial Truck Insurance Provider, we offer coverage for Auto Haulers, Agricultural, Construction, Fleets, Fuel Haulers, Hazmat Carriers, Last-Mile and Mid-Mile Carriers, Long-Haul Truckers, Short-Haul Trucks, Towing Companies, and even new trucking companies.
General Liability Insurance
While general liability insurance is not a legal requirement in Pennsylvania for all businesses, it’s highly recommended for most business owners to have it. Additionally, some contracts, leases, and industries may mandate it. Make sure to check with your insurance agent and review any applicable contracts to determine if you need to carry GLI coverage.
Cyber Liability
Cyber insurance helps protect businesses from devastating financial losses caused by data breaches, ransomware, and other cyber threats, ensuring they can recover and stay operational. With attacks becoming more sophisticated, having coverage can mean the difference between survival and shutting down.
Workers' Compensation Insurance
Workers’ compensation insurance, required in most states, covers medical costs and lost wages for employees who suffer work-related injuries or illnesses.
Surety Bonds
A surety bond is a type of financial guarantee that ensures a business or individual fulfills certain obligations, such as adhering to laws, completing contracts, or meeting financial responsibilities.
Business Coverage Types
Property Insurance Coverage
Running a business means investing in physical assets, but when unexpected events cause damage or loss, the financial consequences can be significant. Property Insurance Coverage ensures that your valuable assets, such as buildings, equipment, and inventory, are protected, helping your business recover quickly and minimize downtime.
Business Interruption Coverage
Running a business comes with its fair share of challenges, but when unforeseen events disrupt your operations, the financial impact can be overwhelming. Business Interruption Coverage ensures that your company can weather the storm and recover with confidence.
General Liability
While general liability insurance is not a legal requirement in Pennsylvania for all businesses, it’s highly recommended for most business owners to have it. Additionally, some contracts, leases, and industries may mandate it. Make sure to check with your insurance agent and review any applicable contracts to determine if you need to carry GLI coverage.
