Tristate Business Insurance Blog

One of the best reasons to use a business insurance broker is because an insurance broker can find great rates for you. The Hartford has made changes to EPLI and TriState Business Insurance wants to bring those to you.

With the number of EPLI claims continuing to rise, small businesses need to make sure they have the right amount of insurance coverage in place to protect them from this real and emerging risk. By decreasing the number of underwriting questions required to purchase increased limits and reducing the minimum premiums for increased limits, it is easier than ever to get the insurance coverage you need.

While, in most states, The Hartford's Spectrum Business Owner's Policy automatically includes $10,000 of EPLI coverage at no additional cost, it may not be enough. Consider...

• Costs of defending an allegation can add up quickly
• There is a 58% probability for a plaintiff verdict in employment liability claims¹
• In 2009, the average settlement award was $363,748¹ (The median settlement award was $95,000¹)

There is no doubt about it -- liability associated with poor employment practices can be costly.

Beginning in December, TriState Business Insurance can bring you the coverage you need. Here's how...

• Improved competitive positioning on increased limits - offering you the best value for their insurance dollar

     *Minimum premiums may vary due to state requirements

• Introduction of a $1M limit - offering maximum protection.

Consider increased EPLI limits. We can help protect you by offering solutions that help proactively minimize risks to your business. Contact TriState Business Insurance about EPLI.

Information from The Hartford

As an independent contractor, you need business insurance that will service and protect the needs for independent contractors. TriState Business Insurance is making it a lot easier for Alarm Dealers and Monitoring companies to buy insurance.

We can offer a various array of policies which provide specialized insurance coverage to the alarm professional and for alarm monitoring companies.

We provide liability insurance, property insurance, commercial auto coverage, Worker's Compensation, and bond coverage to independent contractors like alarm installation companies. We understand that whether you are a small or large business, you have plenty of things to worry about.

Serving the needs of alarm and monitoring companies across Virginia, Maryland, and Washington D.C., contact TriState Business Insurance.

Chances are that as a bar, nightclub or pub owner, you have business insurance coverage including general liability,  property and liquor. But are you covered for all the potential exposure? What about your bouncers?

You have to admit, Virginia, Maryland and DC have some hot spots for nightlife. The nightlife business is big business. In D.C. alone patrons can pay $10 or more for a drink; bars and clubs can be big money spots, or so your patrons can believe.

When starting or running a bar or night club, there are many risks and liabilities that need to be considered very carefully.
 
Tristate Insurance has the experience to make sure your bar, pub or nightclub has the proper insurance coverage. The potential liability exposure needs to be brought down to a minimum, the potential risk needs to be controlled; there are a many consideration to take into account.
 
Contact Tristate Insurance for a consultation with one of our insurance professionals. It’s the best place to start to protect your business.

With the recent Earthquake in Virginia and now a hurricane on the way, it is easy to see how anything can happen. As business owners, you need to “hope for the best and plan for the worst”. Certainly, you don’t want to expect that the worst can happen, however, you need to be prepared if it does.

Small business owners need to be sure that their interest are covered and protected. As a business owner, protect yourself with business liability insurance and workers compensation insurance coverage. But, as a business owner, you don’t just need the insurance; you need the service that should come along with it.

Tristate Insurance teams with business owners from all industries to protect your business and your livelihood. We design custom business insurance solutions that provide business owners in VA, MD and DC with both comprehensive and affordable business insurance coverage. 

The mission of TriState Business Insurance is to provide outstanding service and superior coverage to each and every one of our clients. Contact us to see how we can better insure your business.