Ally Payroll Solutions has licensed property insurance and casualty insurance advisers on staff to help you gain the protection you need while managing your risk. Insurance is important for protecting the financial security of your company while maintaining compliance with the required coverages. Please contact us for more information or to receive a competitive quote on the small business insurance you may already have.
Business Property Insurance
Property insurance can help protect the property your business owns, leases, or rents, including things like buildings, equipment, inventory, furniture, and fixtures. It provides coverage for loss of accounts receivable and valuable papers and records. This broad spectrum coverage is a great way to protect your assets and manage risks.
Business Liability Insurance
When it comes to managing risk, the broader the coverage the better. That’s why a BOP policy provides liability insurance that offers protection in the event you are sued for causing harm to a person and/or damage to property. It also helps cover the expenses if a frivolous lawsuit is filed against the company.
Workers compensation insurance provides benefits to employees for work-related injuries or illnesses, including medical expenses and lost wages. It also provides a deceased workers family with a financial benefit. These policies protect your company and help manage your risk. Since workers compensation premiums are based on the wages you pay your employees, a seamless integration can help your cash flow and reduce audit risk.
Commercial auto insurance helps your business cover the financial costs resulting from an auto accident if you or an employee is found at fault. Commercial auto insurance helps pay for damaged property and other expenses.
Cyber liability insurance coverage (CLIC)
Cyber liability insurance policies began gaining traction around 2005, and they are designed to help an organization mitigate risk exposure by offsetting costs involved with recovery after a cyber-related security breach or similar event. General business use related to the maintenance and storage of client data can leave your organization financially exposed.
Ready to get the small business insurance you need? Contact Ally Payroll Solutions to get the process started!