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Fairfax, VA 22030
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Does Your Business Need Commercial Auto Insurance

Joseph Coupal - Sunday, June 30, 2019
TriState Business Insurance - Commercial Auto Insurance

When it comes to protecting your business, don't overlook the importance of possessing Commercial Auto Insurance coverage. If you operate a vehicle or vehicles in any capacity as a part of your business, you need to have this type of insurance plan in place. Why should you invest in it? What makes your vehicle a company car? There are a few key things to keep in mind.

Do You Operate the Vehicle for Business Needs?

If you are on the clock when using your vehicle, you likely need Commercial Auto Insurance. However, there are other scenarios in which you may be using your car for both personal and business use — in which case, it may be difficult to know if it's truly a company car. Keep the following in mind.

  • Do you use your vehicle to conduct business? This may include going from one location to the next.
  • Do you have other drivers that operate your vehicle as a component of your business? This could be anything from deliveries to sales calls.
  • Does your vehicle help you conduct business?

Another indication of your vehicle being a company car is whether or not you can take a tax deduction for the miles you drive on it. If you are able to do this, it is likely a good idea to get Commercial Auto Insurance.

It's A Part Of Your Business Insurance

Commercial Auto Coverage is a key component of business insurance. Like any other type of insurance coverage, you have for your company, it minimizes financial risk associated with your company in cases of an accident or other covered incident. For example, if you drive your vehicle from one appointment to the next and you are involved in an accident, you might instantly think to use a personal insurance policy to cover the costs. However, because you were working, the other driver could sue your business for the damages that occurred, if you are found to be at fault. This makes it a much higher level of liability risk.

If you operate your vehicle for your business, it's critical for you to invest in Commercial Auto Insurance. This way you will have the ability to protect business assets from not only the risks associated with accidents and liability, but also from other forms of property damage. Secure a policy that meets your needs. Call TriState Business Insurance today!

Small Business Insurance for Bar Or Tavern Owners

Joseph Coupal - Monday, June 24, 2019
Tristate Business Insurance - VA, MD, DC

If you're a beer enthusiast or self-proclaimed wino, opening up a bar or pub can be a satisfying career. But it's not as simple as stocking a bunch of bottles and opening your doors for business. You have to go through the right channels to obtain a business license, secure alcohol suppliers, decide on a décor theme and hire a skilled staff of bartenders and waiters. All of this can add up to one whopping investment, so you'll need the right coverage to protect your finances. Luckily, your independent insurance agent can help you build a customized bar and tavern insurance policy to protect your Virginia, Maryland, or DC establishment.

Though you'll have to talk to your agent for exact specifics, let's take a look at some of the generalized coverage options that you may wish to consider when building your policy.

  • Property: Offers funds for the repair or replacement of physical property — such as glasses, furniture, inventory and other items that are damaged by a covered event.
  • General Liability: This covers medical and legal expenses associated with the injury of a patron or other third party while on your business' property.
  • Liquor Liability: While alcohol is enjoyable in moderation, it can spell disaster if your patrons get sloppy drunk on your barstools. This coverage helps fund the financial mess of such a patron hurting others or causing damage to property while intoxicated.
  • Food Contamination: If your bar or pub serves up appetizers and other tantalizing dishes, you're responsible for the cleanliness of your kitchen and food safety. This coverage option can be of assistance if claims of food poisoning and other ailments are raised against you.
  • Assault and Battery: Unfortunately, it's not uncommon for bar brawls to break out, regardless of whether a patron or an employee is the catalyst. Resulting damages and injuries can be funded with this coverage option.
  • Auto/Valet Liability: Covers damages that may occur to patrons' vehicles while temporarily in possession of valets at your establishment.

Ready to talk through all this and more? We’ve got you covered. Your independent insurance agents here at TriState will provide you the unbiased consult that won’t be provided by insurance agents working directly for insurance companies. Give us a call!