The Western Reserve Group offers a comprehensive and competitively priced portfolio of personal, farm, and commercial insurance products. The products are backed by experienced employees dedicated to providing the best possible products and service to agents and policyholders.

Businessowners Policy

The Businessowners Policy is a comprehensive package policy designed to address the property and liability exposures of small to medium-sized businesses. Some of the types of businesses that may be written on a Businessowners policy include contractors, offices, retail stores, restaurants, and service and processing businesses, just to name a few. This specialized policy provides coverages essential for quality protection at an affordable price.

The Businessowners Policy Automatic coverages:

Building, which includes…

  • Exterior Building Glass
  • Attached Signs
  • Completed Additions
  • Fixtures
  • Permanently installed machinery and equipment

Business Personal Property, which includes...

  • Property owned by the insured and used in the insured's business
  • Property of others in the insured's care, custody, or control (Actual Cash Value)
  • Tenants improvements and betterments
  • Leased personal property which the insured has a contractual responsibility to insure

Business Liability, which includes...

  • Premises/Operations
  • Products-Completed Operations
  • Personal Injury
  • Advertising Injury
  • Medical Expenses
  • Fire Legal Liability for Damage to Rented Premises

Time Element Coverage, which includes...

  • Business Income - actual loss sustained (net income and continuing normal operating expenses) for up to 12 months
  • Extra Expense - necessary extra expenses incurred, for up to 12 months 
  • Ordinary Payroll Expenses - 60 days

The Businessowners Policy Optional Coverages:

  • Additional Insureds
  • Computer Coverage
  • Computer Fraud
  • Condominium Commercial Unit Owners Loss Assessment
  • Condominium Commercial Unit Owners Miscellaneous Real Property
  • Directors and Officers Liability(claims made) – Condominiums
  • Earthquake
  • Employee Benefits Liability (claims made)
  • Employee Dishonesty
  • Employers Liability (Stop Gap) Coverage (where required)
  • Exterior Building Glass – Tenants Coverage
  • Interior Building Glass
  • Hired Auto Liability
  • Liquor Liability
  • Mine Subsidence (where available)
  • Non-Owned Auto Liability
  • Ordinance or Law
  • Outdoor Signs
  • Professional Liability – Barbers and Beauticians, Funeral Directors, Optical and Hearing Aid Establishments, Printer's Errors and Omissions, Veterinarians
  • Spoilage
  • Tenants Liability
  • Utility Services – Direct Damage
  • Utility Services – Time Element
  • Water Back-up

Businessowners Property & Crime Coverages (pdf)