Daniel Carinici Agency LLC serves the Pittsburgh, PA community and the surrounding areas. We are committed to helping our clients find the coverage they need to protect their assets. We take the time to address each of our client’s individual concerns. This allows us to offer custom policies that align with their goals.

 A Few Ways That Pennsylvania Business Owners Can Modify Their Commercial Insurance Policies

The Pittsburgh, PA marketplace is competitive. As a business owner, you are constantly looking for ways to improve and stand out from the competition. Having a strong commercial insurance policy helps alleviate some stress and ensures that your business is covered if an emergency arises. The policy covers your business if your equipment is stolen or damaged in an accident. Your property is also covered in the event that it suffers damage due to an accidental fire or inclement weather. Liability coverage protects you if a customer is injured while visiting your store. You are also covered if your products cause property damage. Workers’ compensation protects your business if there is an employee injury in the workplace. While looking over your commercial insurance policy, there are a few ways that you can modify it to add extra coverage.

Cyber Liability Coverage

Due to the high volume of online transactions in today’s marketplace, cyber liability coverage is a worthwhile investment. This type of coverage protects your business in the event of a data breach, where hackers obtain access to sensitive information.

Emergency Interruption Coverage

Emergency interruption coverage protects your business if your property suffers extensive damage and needs a few months’ worth of repairs. Emergency interruption ensures that your business will continue to function while the repairs are made.

Daniel Carinici Agency LLC Will Help You Protect Your Investments

Contact us today to learn more information about commercial insurance.

Commercial insurance is not one size fits all. It needs to be customized to fit the business it is covering. There is no point in having insurance that you won’t benefit from. You need an insurance agent who understands your type of business and the hazards you face. Daniel Carinici Agency LLC  in Pittsburgh, PA is an independent agency and we take the time to get to know our customers and their insurance needs. 

Commercial property insurance

Not every business owns the building where they do business. If you think you don’t need commercial property insurance because you are a renter, you are wrong. While the building certainly is part of the coverage if you own it, it covers much more than that. You need a lot of other things to run your business, no matter what type of business you have. It can be tools, machinery, office equipment, inventory, raw materials, and your records. All of these need to be protected and, if damaged, need to be replaced. That is where your commercial property insurance comes in. 

Commercial liability insurance

As a business owner, you stand a very good chance of being involved in legal action at some point. It is just the reality. If you lose the judgment, it could cost you your business if you don’t have commercial liability insurance to protect you. You can be sued by a client, by a vendor, or even an employee. 

Workers compensation insurance

Having workers’ compensation coverage is not optional in Pennsylvania. If your business has one employee, either full or part-time, you are mandated to have workers’ compensation insurance. If you don’t comply, you will face penalties. It makes sense since having this insurance protects both employees and employers. 

Contact Daniel Carinici Agency LLC in Pittsburgh, PA to discuss your business insurance needs. 

Many people are self-employed, whether they’re running a small business from home or just trying to generate some extra income. This can be a great way to have more control over your work schedule and not have to commute every day. But it also comes with risks that you might not think about when you start out on your own.

One of those risks is having your home office damaged by fire, theft, vandalism or other disasters. Homeowners insurance is probably something you’ve heard of, but does that policy apply when it comes to your home business? Here’s what you need to know about homeowners insurance and whether or not your home office is covered.

What Is Homeowners Insurance?

When most people think about their homeowner’s insurance, they think of the coverage on their actual house itself. If the house catches fire or is damaged by a windstorm, you’re going to want homeowners insurance to pay for repairs. And if your house gets burglarized, a homeowners policy might cover your lost possessions as well.

But that’s not all it covers. Many people don’t realize that they also have personal liability coverage on their homeowner’s policy that can protect you if you accidentally injure yourself or damage property.

What Your Homeowners Insurance Won’t Cover

There are a lot of things that your homeowner’s insurance won’t cover for business use of your home, including:

• Business Property: This includes equipment and inventory used in your business. So if you damage tools or supplies, they won’t be covered under your policy.
• Damages Caused by Employees: Generally, employers are responsible for injuries that happen on the job because it’s part of their business. While you can purchase Employer’s Liability Insurance to cover this, if your employees are family members or friends working for free, it won’t be covered under your homeowner’s policy.
• Hired Equipment: Any rented equipment must have its own insurance policy through the rental company because it isn’t covered under your homeowner’s policy.

As you have seen, there are aspects of your home business that won’t be covered under a homeowners policy. So, if you want to protect yourself and your investment in Pittsburgh, PA talk to an agent from Daniel Carinici Agency LLC. We can help you find the right coverage for your home business.