Business Owners Package

leonard-rainbowSmall Business Insurance is an important part of our Business. Leonard Insurance will help you to lower your overall costs while ensuring you have the coverage you need. We offer a complete range of commercial coverage options, from Business Owners Packages (BOP) to workers compensation. Let us help you assess the right needs for your business.

  • We use the best companies.
  • We have many years of experience.
  • We are a Dedicated Team of Service Professionals
  • Claims are dealt with personally, efficiently and promptly
  • Flexible Billing: We offer several billing options to make it easier on your budget.

Here are some tips to strengthen your protection and to help minimize costs and losses:

Carry a High Property Deductible – Discounts are given for a high Property Insurance deductible.

Buy In Bulk – A package of insurance coverage (e.g. Business Owners Policy) is the most cost effective way to obtain the broadest amount of coverage for your business.

Invest in an Inexpensive Package of Options – Your business may need additional insurance to handle things such as spoilage for perishable items or your business computer equipment. Buying a package is more cost effective than buying individual coverage. Although you may end up with slightly more insurance than you need, this approach offers the best value.

Invest in Protective Devices – Arming your building with protective devices such as sprinklers, fire alarms and burglary systems lowers the cost of insurance.

Maintain Good Records – Keep detailed, up to date records of your business property to ensure your belongings are accurately valued and your business is not over or under insured.

Prevent Losses – Implementing a sound loss prevention program that includes promoting a safe work environment, adhering to product safety procedures, and thoroughly training employees will help reduce injuries, risk of losses and lowers your insurance premium.

Penny Wise Pound Foolish – Your business assets are at risk every day from losses that could financially ruin your business. An Umbrella Policy is an inexpensive way to ensure that your business has the right protection. Skimping on this coverage could put you out of business.

Auto Savings – Consider increasing or limiting the physical damage deductibles on older vehicles. Do not skimp by carrying minimum liability.

Check Driving Records – Routinely check the driving records of all employees that are driving vehicles for business use and eliminate drivers with poor records. Promote drivers safety, particularly if deliveries are a routine part of your business.

This is not intended to be a complete description of coverage. Leonard Insurance can provide you with the coverage which suits you.