Business Insurance

Business Owners Policies

Business insurance can come in many shapes and forms, but the most common policy for small business - especially Main Street type businesses - is the BOP.
Hudson Valley Agents writes streamlined New York business owners insurance policies through many of our partner carriers and that gives us a big leg up on our competition. These policies combine standard business liability insurance with coverage for business contents, equipment, buildings, and much more to form a die-hard coverall policy.

BOPs can be customized depending on whether you rent or own your space, and they offer important coverage including loss of income, spoilage, and theft. By bundling many of the insurances for your business on one BOP, your business will likely save substantially on insurance premiums.

Be proactive and comprehensive. A business owner package consolidates a number of commercial insurance policies into one to save time, money and increase efficiency. Why focus on administrative tasks and paperwork when you can focus on the company? Consult with our independent agents to find policies and coverage that works for you.

Property Insurance

Hudson Valley Agents can write standalone property insurance if your business happens to be in the market for just one line of coverage, or if you find yourself needing additional insurance that you just can’t get from your current insurance company.

Our property insurance policies can cover stand-alone contents coverage, stand-alone building coverage, or even a single piece of equipment used in your business.

Protecting your property is one of the most important aspects of running a business. Buildings, equipment and other items that are important to the survival of your organization should not be put in jeopardy. A commercial property insurance policy will make sure your company stays running no matter what the situation. Knowledgeable commercial insurance agents like Hudson Valley Insurance Agents who can assess your property and acquire policies within your budget makes all the difference.

Liability Insurance

Liability insurance is crucial in protecting your investment. Using NY commercial insurance agents like Hudson Valley Insurance Agents that understand the intricacies of New York law can help you acquire policies that will cover your business and your customers in the event of an unwanted circumstance. In New York, anything can happen.

At Hudson Valley Agents, we are constantly amazed by how many people and businesses come to us with low liability insurance limits on their prior policies. Liability insurance is one of the most overlooked and yet extremely important part of any insurance equation.

Liability insurance is part of your auto, home & renters, and/or business policies. It helps to protect you from lawsuits, whether frivolous or warranted. One good lawsuit can end your business - even if you win! New York is a highly litigious State and skimping on your liability coverage can lead to disaster.

Hudson Valley Agents provides general liability insurance to cover strict, direct, vicarious, and product liability. We also provide professional liability insurance to cover claims against your profession.

Contractors Insurance

Even the smallest of mishaps can result in large lawsuits. That’s why all of us at Hudson Valley Agents take your protection seriously.

For a contractor or artisan in any of the carpentry trades, general liability insurance in New York, along with property and worker’s compensation insurance, is a crucial tool for your business. Liability insurance can help protect the assets of a business when it is sued for something it may have – or have not – done to cause bodily injury or property damage.

In New York, general liability insurance coverage addresses incidents stemming from on-site accidents, as well as any injuries or damages incurred as a result of using products or services sold or performed. In addition to the financial limits of the policy, coverage can be designed to cover supplemental payments for attorney fees, court costs and other expenses associated with a claim or the defense of a liability suit.

At Hudson Valley Agents, we can help you determine the protection you and your business needs. The amount or level of coverage a business may require also relies on a few key factors such as: perceived risk and the state in which you operate.

Our highly skilled agents strive to help you consider all aspects of your business to ensure that you are secure with the most appropriate policy available. From first considering the amount of risk associated with your business – to then addressing New York-specific regulations, we help to customize a policy plan that works for you.

Workers Comp Insurance

If you have a “for profit” business in New York, you are required by NY law to carry workers compensation insurance on any and all “employees” of your business. The definition of an employee for this purpose is anyone that works for your business or under your direction. This includes part-time and full-time employees, uninsured 1099 workers, leased workers, borrowed workers, volunteer workers, and family members.

New York Workers Compensation Insurance pays claims if one or more employees get hurt or injured in the course of their job. It also covers them if they get sick or ill as a result of their workplace. Like car insurance, workers compensation is compulsory in New York State.

Hudson Valley Agents writes workers compensation insurance on all kinds of businesses and sometimes we can bundle it with a BOP for a discount. Request a quote and ask us about other discounts that your business may be eligible for.

Disability And Family Leave Insurance

The New York State Paid Family Leave Act (FMLA) is mandatory in New York State and provides payment for unpaid leave if your employee has worked at least 175 days as a part timer, or 26 consecutive weeks as a full timer. Employers must purchase insurance to pay for this leave, which is now tacked onto New York State Disability Insurance policies (also compulsory in New York). NY State Disability, also known as NYSDBL coverage, pays a temporary benefit for employees that become injured or ill while off the job.

One would think all compulsory insurance premiums would cost the same but that is simply not true. One of the best ways to save on your business insurances is to let Hudson Valley Agents find the best rate for your workers comp, NY State disability, and NY family leave insurance policies. We have it down to a science and have carefully chosen strategic partners to provide this coverage for your business. It all comes down to the research and the actuarial results – work which we’ve already done for you.

Business Auto Insurance

Having commercial auto insurance, also known as business auto insurance in New York is a must for many businesses.

New York is notorious for a fast-paced way of life and the driving conditions are not the norm. If you have a delivery service or are using company vehicles, or you have vehicles that can haul or carry more than one ton,you will need commercial or business auto insurance for your business and employees. Trucking outfits, moving vans, produce haulers, etc. all require a well planned commercial business auto policy. Finding the right insurance agents in a state that has so much activity can be challenging, but is needed to make sure your company and investments are adequately covered. In every state, there are regulations that need to be followed and New York is no different. Being advised by an independent agency that can properly guide you is key.

Bonding

Bonding is security against loss or damage or for the fulfillment of an obligation, the payment of a debt, a pledge, a guaranty, or a bond. There are situations in which someone must assume the risk that another party might not fulfill the terms of a contractual arrangement.

One method businesses and government agencies use to mitigate this risk is require that a sum of money be put up as a guarantee. Typically, individuals and businesses required to put up money in this way do so by purchasing a surety bond. Hudson Valley Agents has been providing bonding contracts for their clients for over twenty years now.