Business Property Insurance

While commercial general liability insurance has some common factors that cover nearly every industry, there are often small adjustments that must be made for each individual case. Insurance agents need to work with both clients and wholesale brokers to find the proper risk-management plan.

Commercial general liability insurance covers the business from all manner of accident related lawsuits. For full protection, these plans also include business property insurance to cover against both man-made and natural disasters.

Commercial General Liability Insurance Adjusts to Each Industry

A liquor-selling establishment will require different kinds of coverage than a jeweler. Bars, restaurants and nightclubs open up the chance for business-crippling lawsuits if they do not have the appropriate coverage. The jeweler needs a different approach since goods may be transported or held at a temporary location. In this case, inland marine coverage is essential along with business property and general liability coverage.

Taking out the required general liability insurance can be expensive. If the wholesale broker can both write the coverage and finance it, affording a risk-management plan becomes more affordable for smaller businesses. Not only can the financing be handled, but the wholesaler can also address extended payment options and possibly adjust the installments depending on the needs of the agent's clients.

Adco General is a Colorado-based wholesale broker that can also handle the financial aspects of writing and selling all aspects of commercial general liability insurance. Contact Adco to learn more about its offerings.