Commercial Insurance

---

Commercial insurance, a vital aspect of business insurance, protects your enterprise from a variety of risks, including property damage, liability claims, and even business interruption. Whether you own a small business or manage a large operation, securing the right commercial property insurance can help you recover quickly from unexpected setbacks and keep your business running smoothly. The Carranza Risk Management team is delighted to assist you in safeguarding your business assets with the appropriate coverage options.

General Liability Insurance

This liability coverage protects your business if someone is injured on your premises or if you cause damage to someone else’s property. It also covers legal defense costs if you’re sued for bodily injury, property damage, or personal/advertising injury.

Commercial Property Insurance

This type of insurance covers your business building, equipment, inventory, furniture, and other physical assets against damage from fire, theft, vandalism, and more.

Business Owner’s Policy (BOP)

A convenient bundle combining General Liability and Property Insurance, ideal for small to mid-sized businesses. Often includes business interruption coverage to cover lost income after a covered event.

Workers’ Compensation Insurance

Required in most states, this coverage pays for medical expenses and lost wages if an employee is injured on the job, while also protecting your business from potential lawsuits.

Commercial Auto Insurance

Covers vehicles used for business purposes, whether it’s one car or an entire fleet. This includes liability, collision, comprehensive, and uninsured motorist protection.

Professional Liability (Errors & Omissions)

Protects service-based businesses and professionals (like consultants, agents, or contractors) from claims of negligence, errors, or omissions in the services they provide.

Cyber Liability Insurance

Covers your business in the event of data breaches, ransomware attacks, or accidental data leaks—covering legal fees, notification costs, and data recovery.

Optional Coverages & Endorsements - Enhance your commercial policy with tailored protection:

• Employment Practices Liability Insurance (EPLI) – Covers claims of wrongful termination, harassment, or discrimination.
• Commercial Umbrella Insurance – Adds extra liability protection above and beyond standard policy limits.
• Inland Marine Coverage – Protects tools, equipment, or inventory in transit or stored offsite.
• Equipment Breakdown – Covers repair or replacement of machinery or systems due to sudden breakdowns.
• Business Income Insurance – Helps cover lost income if your business can’t operate due to a covered loss.
• Contractor’s Coverage – Specialized packages for construction, plumbing, electrical, HVAC, and other trade professionals.