Business Insurance

Insurance Pro Nc provides business insurance quotes for all your business risks. Whether small or large, we can insure your business with a commercial property or a business owners policy, making sure you have the protection you need.

Business exposures come in all types of risk, whether it is a slip and fall exposure from a customer, or an injured employee, they are everywhere your business is operating. Exposures even extend to completed products, advertising, employee discrimination, harassment, retliation, wrongful termination, and data breach lawsuites. Make sure you protect your business from casualty or liability injuries, as well as property losses such as the losses listed below.

• Property Insurance can fund repairs or replacements for damaged physical assets when disasters like vandalism, fire, windstorms, or hail strike.
• Liability Insurance can protect against financial losses resulting from claims of injury or property damage caused by you or your employees and your products or services.
• Workers’ Compensation Insurance can satisfy your employees’ medical needs in the event of an accident or disease and make a quick return to work possible, while removing lawsuit potential by current or former employees.
• Business Auto Insurance can ensure your business is protected after an accident against losses from injuries to other drivers, passengers and pedestrians for which you and your employees are liable.
• Business Crime Insurance can protect against fraud, theft, forgery or robbery.
• Inland Marine Insurance can protect you from losses to your property in transit.

 As always, coverage is subject to a number of exclusions and limitations. Additional coverage may be provided through additional coverages and coverage extensions. Several popular options printed in the policy apply only if coverage is activated in the declarations. The insured should always read their policy to be aware of these exclusions, limitations and coverage extentions that may apply. 

 Your business may be your largest investment other than your home. Make sure you have the protection you need for unexpected consequences. In addition to protecting yourself it’s important to protect your employees and customers. Some types of businesses may require certain types of insurance according to state laws such as, worker’s compensation. Certain businesses may require liability coverage such as, contracting businesses or leasing business property, so when you need great coverage at an affordable price give us a call! 

 The North Carolina Workers’ Compensation Act requires that all businesses which employ three or more  employees, including those operating as corporations, sole proprietorships, limited liability companies and  partnerships, obtain workers’ compensation insurance or qualify as self-insured employers for purposes of  paying workers’ compensation benefits to their employees. The only exceptions to this requirement are 

• (a)  employees of certain railroads;
• (b) casual employees, i.e., individuals who do not perform “work pertaining  to the regular course of defendant’s business”; 
• (c) domestic servants directly employed by the household;  
• (d) farm laborers when fewer than 10 full-time, non-seasonal farm laborers are regularly employed by the  same employer; 
• (e) federal government employees in North Carolina; and 
• (f) “sellers of agricultural  products for the producers thereof on commission or for other compensation, paid by the producers,  provided the product is prepared for sale by the producer.” 

Businesses with just one employee, whose work involves the presence of radiation, are required to have  workers’ compensation coverage. 

Individuals who are sole proprietors, members of LLCs, and partners are not counted automatically as  employees. Corporate officers may elect to be excluded from coverage but are still counted in determining  whether a business has three or more employees. 

An employer is not relieved of its liability under the Act by calling its employees “independent contractors.”  Even if the employer refers to its workers as independent contractors and issues a Form 1099 for tax  purposes, the Industrial Commission may still find that the workers were in fact employees, based upon its  analysis of several factors, including but not limited to the degree of control exercised by the employer  over the details of the work. 

If you subcontract work to a subcontractor who does not have workers’ compensation insurance, you may  be liable for the work-related injuries of the subcontractor’s employees, regardless of the number of  employees you or the subcontractor employs.  

1) Face stiff financial penalties; 

2) Be charged with a misdemeanor; 

3) Be charged with a felony; and 

4) Be imprisoned