As a business owner in Baton Rouge, the River Parishes, and everywhere in between, you are responsible for the many things that keep your company operating smoothly—daily operations, billing, making bids and estimates and arranging for financing. Do you really have time to shop various companies looking for the best business insurance quote? At Lanoix Insurance Agency, we recognize that you need to focus on running your operation. We also feel your insurance solution should be customized to the specific needs of your company. One of our agents, Bryan, David or Randy, will work one-on-one with you to do exactly that. From offices in Port Allen and Lutcher, we serve companies throughout the Baton Rouge area, including Plaquemine, Addis, Port Allen, Zachary and St. Francisville, Louisiana.
If you are on your own, running a small operation, you may get the protection you need from a simple business owner’s policy, or BOP. If you have employees, are at high risk for liability, have high-value equipment or meet other guidelines, you may be better served with a custom commercial insurance package. A custom policy would typically start with general liability insurance, commercial property and casualty insurance and workers compensation. Contact our office and an agent will help you determine what protection you need.
Property and casualty policies are basic business coverage. The “property” portion usually covers the physical location of the business, while the “casualty” portion covers the business itself. Today many insurance companies have the option to purchase additional casualty insurance to protect against specific threats, such as terrorism, floods, cyber threats and employee theft.
Commercial vehicle insurance can cover one company car or a fleet of leased vehicles, a contractor’s van or a fleet of delivery trucks. As a trusted Baton Rouge and River Parishes Commercial Insurance Agent, your commercial vehicle insurance policy will cover your liability risks as well as bodily injury and property damage. If you drive a leased or rented car in the course of doing business, be sure to talk with your agent about making sure that vehicle is covered as well.
You may also decide that you would like to provide your employees with group health insurance and life insurance. We can work with our extensive network of insurance partners to find the group plan that will provide your employees with the best health and life insurance coverage at the most affordable price.
No company is perfect, and it is possible that you will end up on the wrong end of a lawsuit someday. A lawsuit can happen if someone is injured or suffers a loss as the result of the condition of your property or of action by you or an employee. This is especially true if you work in an industry that has an exceptionally high volume of litigation.
Your agent will explain what is covered under general liability insurance and suggest any special liability policies you should consider. Those may include builders risk, errors and omissions and directors and officers liability. A liability policy will cover a range of costs including legal fees, a settlement or judgment in the event of a lawsuit and lost income.
Louisiana law requires employers to carry workers compensation insurance. This insurance covers medical bills and lost wages for any employee who is injured while on the job, and pays a death benefit to survivors of a fatal work-related accident or illness. It also protects you, the employer, against certain lawsuits. Your company’s workers compensation rate is initially based on the likelihood of future claims, calculated by industry. That rate may change as you develop a claims experience history.
If you experience any type of interruption in your business, lost income could cripple your operations. To cover your losses in the event of a fire, burglary, death of a key employee or other event that prevents business from continuing as usual, you may include a business interruption policy. It may pay for lost income when operations are down or compensate you for the cost of temporary facilities in the event property damage renders your building unusable.
We know that in Baton Rouge and the River Parishes there are many business insurance options on the market for contractors, small businesses and corporate entities that can be confusing. Our team is here to provide answers and customize a commercial insurance package to your needs. Call our Port Allen or Lutcher office today, or contact us online for more information.