Business insurance is your first line of defense as a business owner, bearing immense responsibility for the fate of your enterprise, your personal welfare, and that of your employees. Every day, your decisions impact the trajectory of your business, making it crucial to prioritize protective measures against unforeseen setbacks.
Protecting your business involves safeguarding its physical assets against various perils like fire, water damage, and theft, alongside mitigating liability risks. Additionally, ensuring continuity in the event of key personnel loss due to death or disability is paramount. Moreover, as an employer, you aim to secure the financial stability of your employees through tailored benefit programs.
Schultheis Insurance: A Vital Component of Your Business Insurance Strategy
Ranked among Indiana’s top ten largest Independently Owned Insurance Agencies, Schultheis stands ready to cater to businesses of all sizes. Whether you run a local small enterprise or a multi-million dollar corporation, Schultheis offers comprehensive business insurance solutions honed through years of expertise and established partnerships with leading insurance providers.
Regardless of your business’s nature or scale, your dedicated Schultheis Insurance Agent is committed to assisting you in selecting and managing business insurance coverages that align with your protection needs. Explore our range of extensive business insurance offerings, then reach out to schedule a Business Insurance Consultation. Let’s fortify your enterprise together.
WE’RE BUILDING RELATIONSHIPS
At Schultheis Insurance, we understand the unique challenges businesses face, and we’re dedicated to helping you navigate them with confidence. Contact us today to learn more about our comprehensive business insurance solutions and take the first step towards protecting your business’s future.
Comprehensive Business Insurance Solutions
Commercial Property Business Insurance:
Safeguard Your Assets
Your business’s physical assets are valuable investments that require protection. Our Commercial Property insurance policies offer coverage for buildings, equipment, inventory, and other tangible assets, ensuring you’re prepared for unexpected disasters such as fire, theft, or natural disasters.
Commercial Auto Business Insurance:
Keep Your Fleet Moving Safely
If your business relies on vehicles for operations, it’s crucial to have adequate Commercial Auto insurance in place. Our policies provide coverage for vehicles used for business purposes, including cars, trucks, vans, and specialty vehicles, protecting you against accidents, theft, and liability claims.
General Liability Business Insurance:
Shield Your Business from Legal Claims
In today’s litigious environment, businesses face a myriad of potential lawsuits from third parties. Our General Liability insurance offers protection against claims of bodily injury, property damage, advertising injury, and other liabilities, giving you peace of mind and financial security.
Workers Compensation:
Care for Your Most Valuable Asset—Your Employees
Your employees are the backbone of your business, and their well-being is paramount. Our Workers Compensation insurance provides coverage for medical expenses, lost wages, and rehabilitation costs for employees who are injured or become ill on the job, helping you fulfill your duty of care while protecting your bottom line.
Commercial Umbrella Business Insurance:
Extend Your Liability Coverage
Sometimes, standard liability limits may not be enough to fully protect your business. Our Commercial Umbrella insurance offers additional liability coverage beyond the limits of your primary policies, ensuring you’re adequately protected against catastrophic events and high-dollar lawsuits.
Cyber Security Business Insurance:
Safeguard Your Digital Assets
In today’s interconnected world, cyber threats pose a significant risk to businesses of all sizes. Our Cyber Security insurance provides coverage for data breaches, cyberattacks, and other digital threats, helping you recover quickly and minimize financial losses in the event of a cyber incident.
Business owner or contractor?
General Contracting Insurance, Liability Coverage, Small Business Liability Insurance
As A Business Owner Or Contractor, Protect What Matters Most To You with Business Insurance:
Your staff, your resources, your reputation—talk to your Schultheis Insurance professional about protecting everything you’ve worked so hard for. Explore the business insurance coverage options available to you, and understand why they’re worth considering.
General Liability Policy
What It Is:
If you’re a small business owner or contractor, general liability insurance is one of the most important business insurance tools you’ll need. Why? As the policyholder, it protects you and your business from lawsuits and other costly claims.
Why You Need It:
Accidents happening on the job can result in bodily injury or property damage. Could your business survive after paying a significant out-of-pocket settlement? Moreover, certain laws and potential clients may require you to carry contractors insurance to do business.
What Will It Cost?
Several aspects determine the cost of your general liability policy. Key factors include the amount of risk your type of work presents for you and your employees, as well as the number of people you employ. Ask your Schultheis Insurance professional about a quote today.
Business Owners Policy
What It Is:
This is a business insurance policy that often combines several types of coverage, including property and liability protection. Many Business Owners Policies include coverage you might otherwise overlook, such as coverage for crime, business interruption, and computers.
Builder’s Risk Insurance
What It Is:
A business insurance policy to protect and insure a building:
- Planned for construction
- Currently under construction
Who Pays?
If the contractor is responsible for securing the policy, the cost is generally included in the price of the project.
Who Should Be Covered?
A builder’s risk policy should include:
- Project owner
- Contractor
- Financial Institutions – construction loans
The policy should be written on one of the broadest risk forms—this protects the building project against most types of damages, regardless of who, or what, is at fault. This includes everything from weather and natural disasters to human error, theft, and flood. Your Schultheis Insurance professional can provide you with the right business insurance policies designed to protect your building project, both during and after construction.
How Much Protection Will I Need?
The policy limit should be based on the value of the completed construction project.
And If I Have More Questions?
Your Schultheis Insurance professional is more than ready to provide answers. With more than 70 years of expertise, we have the solutions to protect your business. If you’ve got business insurance questions… the answer is Schultheis.
What Coverages Are Available? What Amount of Coverage Do I Need?
Based on the type of business and the risks undertaken by each one, there is no one policy that is right for every business. Your Schultheis Insurance Agent can help you evaluate your risk profile and decide on the types and amounts of business insurance coverage most appropriate for you.
- Property Insurance covers damage to your business property from fire or other perils. Specialized coverages are also available to provide additional protection in specific risk situations. Ask your Schultheis Insurance Agent for information about any of the following special business insurance coverages:
- Electronic data processing coverage, which covers your computers, software, and backups from expensive and business-crippling damages
- Ordinance or law coverage for upgrades or changes required in the repair of your building after a loss when mandated by local building codes or ordinances
- Builder’s risk insurance which covers damage to a new construction as it is being built
- Business interruption insurance, which covers losses due to your business being unable to operate after a fire, storm, or other damaging situation
- General Liability covers losses to others or to property for which you or your employees are determined to be at fault. Liability insurance also covers the attorney’s costs if someone sues you or your business due to these injuries or damages.
- EPLI (Employment Practices Liability Insurance) covers businesses against claims by workers that their legal rights as employees of the company have been violated.
- Liquor Liability provides coverage if your business sells or serves alcoholic beverages, and you are sued due to an accident related to a customer’s use of alcohol.
- An Umbrella Policy provides added liability protection above the limits of your normal business insurance liability policies. This allows you to obtain coverage against liability claim awards that might be catastrophic to your business.
- Workers’ Compensation covers on-the-job injuries to your employees.
- Business Auto Insurance can be specifically tailored to the types of vehicles owned by your business and operated by your employees, and to the driving situations.
- Crime Insurance covers theft, burglary, and robbery from your business of money, securities, and other property by your employees or by outsiders.
- Inland Marine covers property in transit or other people’s property temporarily located on your business property.
- Bonds (all types) protect you from loss in many types of specialized business transactions where your normal business insurance coverages may not apply.
- Cyber Insurance helps protect your online assets and the reputation of your business in the event of a data breach.
Our Loss Control evaluations will help you determine the best method to protect your business from exposure to unnecessary risk. Specialized business insurance coverages are available for your business. Be sure to discuss your situation with your Schultheis Insurance Agent.
What Is Strategic Business Planning?
The long-term continuity of your business doesn’t just happen on its own; it requires planning in tandem with proper funding tools. Your Schultheis Insurance Agent can assist you with our Business Evaluation, and we can help you select among many options including Executive Compensation, Buy-Sell Agreements, Key Man Insurance, and Business Continuity Planning.
Where Do I Start To Protect My Business And My Employees?
As one of the top ten largest Independent Insurance Agencies in Indiana, Schultheis offers business insurance protection for all sizes of businesses, from locally-owned small businesses to large multi-million dollar corporations. Schultheis has been providing business insurance policies for years, and we have established relationships with insurance companies that can give you the protection you need at the most affordable rates. For your peace of mind, let your Schultheis Insurance Agent review your business insurance needs and provide a quote for the coverage you need.
Are You Paying Too Much for Your Workers’ Compensation?
Increasing Workers’ Compensation costs can be disturbing for many businesses. Although Workers’ Compensation is regulated, you DO have control over the actual premiums you pay. Schultheis Insurance has Certified WorkComp Advisors on staff to help you negotiate the many challenges of creating a comprehensive Work Comp Plan.
What Is a Certified WorkComp Advisor?
A Certified WorkComp Advisor (CWCA) receives additional training specific to the Workers’ Compensation industry enabling them to fully understand errors that commonly occur and cost-saving processes that should be implemented.
Providing an advanced business insurance consultative approach to the analysis and discovery of cost-saving corrections and/or refinements in a Workers’ Compensation insurance program, the goal of a CWCA is to find and fix errors, help refine a Workers’ Compensation program and ultimately return money to the employer and/or create cost-saving processes, policies, and procedures.
Fewer than 1,000 professionals have earned the Certified WorkComp Advisor designation, awarded by the Institute of WorkComp Professionals, the nation’s largest educator and trainer of Workers’ Compensation professionals. Visit their website at https://www.workcompprofessionals.com.
Now is the Time to Take Control of Your Workers Compensation Costs
To many employers, Workers’ Compensation insurance is just another unavoidable cost of doing business and an expense over which they think they have little control. However, managing Workers’ Compensation costs are not as difficult as one might think when you have the right partner.
Schultheis Insurance will review your workforce status and workplace environment in addition to past injury reports and payments as well as your specific industry, safety, and return-to-work programs. Our thorough analysis will determine ways in which your company can improve your current practices to effectively manage Workers’ Compensation costs.
The Complete Solution
Schultheis Insurance’s team of Certified WorkComp Advisors will put you in control of your Workers’ Compensation Program. Our Work Comp Solutions Team will work with your existing staff to implement and maintain the complete business insurance solution for you.