Commercial Services
Business Property Insurance
No matter the size, each business deserves a policy that is unique to them. Wood Insurance takes time to learn the inner workings of your business to ensure all needs are met. We offer both business property and liability policies, specializing in locally owned businesses.
Business Property Insurance
Business property insurance makes it easier for your business to recover from severe property damage. You’ll be responsible for replacing the damaged property, which can be expensive.
Commercial Property Insurance helps pay to repair or replace property damaged from:
Fires
Storms
Theft
Other Covered Events
This coverage can help pay for damage to your business’ physical location, tools, assets, and documents. It can also help cover your business’ lost income if it’s unable to open while repairs are made.
Business Liability Insurance
Liability insurance protects a company’s assets. It pays for legal obligations, such as medical costs incurred by a customer who gets hurt on the business property and any on-the-job injuries sustained by employees.
For businesses that rent commercial real estate property in which they operate, general liability insurance protects against liability from the damage they may suffer due to:
Fire
Mold
Floods
Other Physical Catastrophes
It also covers the cost of a company’s legal defense, while paying for any settlement offerings or awards a company must pay as per legal judgments against them. These costs may include compensatory damages, non-monetary losses suffered by the injured party, and punitive damages.
Lastly, business liability insurance also covers false or misleading advertising claims, including libel, slander, and copyright infringement.
Commercial Auto Insurance
Finding the right carrier for your commercial operation is key. No business is the same, and not all policies are either. Wood Insurance works hard to ensure our clients get the right policy and price.
Commercial Auto Insurance is needed to cover the cars, trucks, and vans used when conducting your business. This is a policy of physical damage and liability coverages for amounts, situations, and usage not covered by a personal auto insurance policy. This type of commercial insurance covers many types of commercial vehicles — from automobiles used for business purposes, including company cars, to a wide variety of commercial trucks and vehicles.
What does commercial auto insurance cover?:
Collision
Comprehensive
Liability
Uninsured Motorist
Underinsured Motorist