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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.
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!
As an independent broker, we represent dozens of insurance carriers. This gives us a tremendous advantage over most insurance companies, as we can meet or beat the cost of your current coverage the majority of the time.
Builder’s Risk, Business Auto, General Liability, Commercial Property, Bonds, Contractor’s Liability, Commercial Umbrella, Worker’s Compensation, etc.
Construction Liability, Bars/Restaurants/Taverns, Employee Benefits, Public Entities, etc.
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
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
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Jas Insurance Group LLP DBA / Insurance Pro NC - All Rights Reserved.
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