Business & Commercial Insurance Solutions to Meet Your Needs

Unex­pected losses due to fire, law­suits, and acci­dents can destroy years of hard-earned effort and finan­cial invest­ment. That’s why insur­ance is an impor­tant com­po­nent for any suc­cess­ful busi­ness or com­mer­cial prop­erty port­fo­lio.

At Habi­tat Insur­ance Agen­cies, we assist our clients in get­ting the right insur­ance for their needs. We can insure a broad spec­trum of risks, from home-based offices to multi-mil­lion dol­lar busi­nesses. We under­stand that each client has spe­cific insur­ance require­ments — our bro­kers use their exper­tise to help ensure that those require­ments.

We offer insurance packages for all types of business classes, including:

• Res­i­den­tial stratas & apart­ment blocks
• Com­mer­cial build­ings
• Restau­rants
• Retail out­lets
• Offices
• Man­u­fac­tur­ers
• IT com­pa­nies
• Con­trac­tors / Con­struc­tion
• Errors & Omis­sions / Pro­fes­sional lia­bil­ity
• Direc­tors and Offi­cers lia­bil­ity
• Spe­cial events
• Spe­cial risks
• And more!

Types of Business Insurance Policies

Because each busi­ness is unique, we design insur­ance pack­ages that meet your needs and a level of pro­tec­tion that you’re com­fort­able with. The first step is to deter­mine which types of insur­ance your busi­ness requires. “Busi­ness insur­ance” is a broad descrip­tion of dif­fer­ent types of insur­ance cov­er­ages:

Property and contents insurance

Prop­erty and con­tents insur­ance insures against loss or dam­age to the loca­tion of the busi­ness and its con­tents. It can also insure the prop­erty of oth­ers in your con­trol when the loss occurs. The insured loca­tion can be owned, leased or rented.

Business interruption insurance

Busi­ness inter­rup­tion insur­ance insures against loss or dam­age to the cash flow caused by the busi­ness being unable to oper­ate because of inter­rup­tion due to an insured peril occur­ring. For exam­ple, if a fire causes major dam­age to a man­u­fac­turer, the replace­ment and repairs of machin­ery would be cov­ered under a prop­erty insur­ance pol­icy. But if oper­a­tions are stopped for 2 months, then there is no replace­ment of income with­out busi­ness inter­rup­tion cov­er­age.

Liability insurance

Lia­bil­ity insur­ance insures against lia­bil­ity legally imposed upon a busi­ness because of its neg­li­gence or that of its employ­ees. Dif­fer­ent types of insur­ance cov­er­ages are avail­able. Some of the major types are:

• Com­mer­cial gen­eral lia­bil­ity insur­ance: also known as CGL insur­ance: This typ­i­cally pro­vides cov­er­age for bod­ily injury and prop­erty dam­age, per­sonal injury (libel and slan­der), and tenant’s legal lia­bil­ity (dam­age to a landlord’s prop­erty).
• Pro­fes­sional lia­bil­ity insur­ance: also known as Errors & Omis­sions (E&O) insur­ance. This pro­vides cov­er­age to busi­ness pro­fes­sion­als for errors, omis­sions or neg­li­gent acts which may arise while pro­vid­ing their ser­vices. Types of pro­fes­sion­als who would have E&O insur­ance include physi­cians, engi­neers, archi­tects, lawyers, and busi­ness con­sul­tants.
• Direc­tors and offi­cers’ lia­bil­ity insur­ance: also known as D&O insur­ance. It is intended to pro­vide cov­er­age for the acts or omis­sions of those in the direc­tor or offi­cer posi­tion. Types of orga­ni­za­tions that would have this type of insur­ance would include, strata build­ings, non-profit orga­ni­za­tions, and cor­po­ra­tions.
• Prod­uct lia­bil­ity insur­ance: this pro­vides cov­er­age for busi­nesses that sell assem­bled or man­u­fac­tured goods.

Commercial Auto Insurance For Business Use

Your per­sonal auto­mo­bile pol­icy or that of an employee does not cover vehi­cles used by your busi­ness. If your busi­ness uses motor vehi­cles, then you need a com­mer­cial auto pol­icy. Com­mer­cial auto cov­er­age insures against prop­erty dam­age to vehi­cles and dam­age caused to oth­ers by those vehi­cles.