Products

The Business Owners Policy is a prepackaged policy designed to fit the needs of the small to medium sized business. Instead of selecting the individual’s coverages to be insured, the insurance company offers a package of coverage, which includes both property and liability. There are usually a few additional coverages included in the package, and some optional coverages may be offered.

The following are some advantages to a prepackaged policy:

• Property and liability coverage is included in a single, pre-designed package
• The options most frequently needed by small business owners are included or available for a small additional premium
• The rates for the entire package are extremely favorable, since the eligible types of risks usually have a lower potential for loss

For a no obligation quote, please fill out our online Business Owners Policy quote form.

For more information about our small to medium size business programs and options please contact us at 1-800-783-5105 or via email at info@desmondins.com.

Property insurance protects your business property against physical loss or damage by theft, fire or other means. Because every business has property that could become lost or damaged, this form of business insurance is one of the first things you should buy when you start a company.

Property coverage can be structured several ways. In the most basic business insurance policies, Property coverage protects your furniture, computers, office equipment and other materials.

For many businesses, the most basic Property coverage is not enough. You may need a policy that insures data, papers, records, money and securities kept at your place of business. Sometimes this coverage is included in a basic Property policy (it may be listed as Valuable Papers or Media and Extra Expense coverage); if not, it can usually be purchased as an extra endorsement to your standard policy.

For more information about Business Property Insurance and options please contact us at 1-800-783-5105 or via email at info@desmondins.com.

Your business faces liabilities every day. The only way to protect your assets is to carry adequate business liability insurance. A Commercial General Liability (CGL) insurance policy is the first line of defense against many common claims.

General Liability insurance covers claims of bodily injury or other physical injury or property damage. It is frequently offered in a package with Property insurance to protect your business against incidents which may occur on your premises or at other covered locations where you normally conduct business. Commercial General Liability enables your business to continue operations while it faces real or fraudulent claims of certain types of negligence or wrongdoing.

For more information about our General Liability Insurance policies and options please contact us at 1-800-783-5105 or via email at info@desmondins.com.

Professional Liability Insurance (also known as Errors and Omissions Insurance) is essential protection for any individual or organization which performs a professional service for others. Among such service providers are: doctors, lawyers, accountants, architects, real estate brokers and a wide range of consulting professionals. Virtually any professional service can be indemnified. Professional liability insurance covers the loss or expense resulting from a claim on account of bodily injuries because of any malpractice, error or mistake committed or alleged to have been committed by the insured in his profession. Common claims allege negligence, misrepresentation, design errors, libel, slander, violation of good faith, invasion of privacy and inaccurate advice. Coverage can include employees, partners, officers, directors and the organization itself and is available worldwide for lawsuits filed in the United States.

For more information about our top-rated Professional Liability Insurance policies and options please contact us at 1-800-783-5105 or via email at info@desmondins.com.

Desmond Insurance offers Commercial Auto Insurance which offers:

• Liability Coverage: In case you're sued as a result of an auto accident.
• Collision Coverage: Helps cover physical damage to your vehicle due to collision or upset.
• Comprehensive Coverage: Helps cover physical damage to your vehicle due to fire, theft and glass breakage.
• Rental Reimbursement Coverage: Helps cover the cost of a replacement vehicle for a specified period of time when your vehicle is disabled due to an insured loss.

For more information about our Business Auto Insurance policies and options, please contact us at 1-800-783-5105 or via email at info@desmondins.com.

Desmond Insurance offers Umbrella Liability (AKA Excess Liability) which provides additional coverage when the limits of insurance on an underlying policy are exceeded. For instance, if you have $1,000,000 coverage under General Liability and you have a claim settlement for $1,500,000, the umbrella policy would pick up the additional amount. Umbrella Liability policies add coverage to General Liability, Hired and Non-owned Auto Liability, and employer's Liability for a single premium. It is important to note that Umbrella coverage does not apply to the Professional Liability policy.

For more information about our top-rated Commercial Umbrella Liability Insurance policies and options please contact us at 1-800-783-5105 or via email at info@desmondins.com.

Workers compensation insurance provides for the well being of your employee's and promotes a positive work environment. Be aware that all states have laws which require such protection for workers and prescribe the length and amount of such benefits provided. Workers compensation insurance was created in order to pay employees' medical expenses and loss of wages in the event of a job related injury or sickness.

For a no obligation quote, please fill out our online Workers Compensation quote form.

For more information about our Workers Compensation programs and options please contact us at 1-800-783-5105 or via email at info@desmondins.com.

As a business owner you know that if you become sick or injured and can't work, you may very well be forced to close down your business. The resulting strain on both your personal and business finances could be devastating.

When sickness or injury strikes, a personal disability income protection plan can help provide you and your family with the necessities of day to day living. But your overhead expenses would continue to mount up. How could you afford to keep your business afloat?

Professional overhead expense coverage would reimburse you for rent on space you occupy as a business premise, salaries of employees, premiums for business insurance, property taxes, scheduled depreciation for furniture and equipment, plus much more.

The Internal Revenue Service has ruled (Rev.Rul.55-26, 1955-2 CB 11) that premiums paid for an overhead expense disability policy are tax deductible as a business expense. While benefits received at claim would be treated as income, such income is used to pay the deductible expenses that this coverage covers.

If you are involved in a partnership, you would also need to plan for your partners disability. Should you, or your partner, become permanently disabled to the point where you no longer are a value to the business, we can provide the funding to buy-out you, or your partners share of the business.

For more information about our Business Long Term Disability Insurance policies and options and/or an application, please contact us at 1-800-783-5105 or via email at info@desmondins.com.

This is insurance specifically designed to protect against loss incurred in litigating and settling Wrongful Employment Practices Claims. The definition of "Wrongful Employment Practices Claim" varies, but generally includes claims based upon some or all of the following:

• Discrimination (race, gender, age, religion)
• Sexual Harassment
• Wrongful Discharge
• Failure to Promote/Failure to Hire
• Wage and Hour Disputes
• Allegations of negligent hiring, retention, and supervision
• Failure to Provide Benefits
• Violations of Federal and State Leave of Absence Laws
• Alleged Violations of other Federal, State, Local or Common Law

In the litigious workplace of today, Employment Practices Liability Insurance is essential coverage. Desmond Insurance offers top-rated coverage.

For more information please contact us at 1-800-783-5105 or via email at info@desmondins.com.

Directors & Officers Liability insurance is a policy designed to provide financial protection for the directors, officers, and the corporate entity which they serve in the event that lawsuits alleging mismanagement of the corporation are brought against the directors and officers, either individually or collectively. Virtually all corporations have bylaws in which the corporate entity bears the financial responsibility of indemnifying directors and officers for their alleged misdeeds. A D&O policy is a financial tool through which the corporate entity can be reimbursed for its costs in defending and settling lawsuits against its directors and officers. In certain circumstances, such as bankruptcy or derivative lawsuits, where the corporation cannot indemnify its directors and officers, the D&O policy affords front-line financial protection for the directors and officers.

For more information about our top-rated Directors & Officers Liability Insurance policies and options please contact us at 1-800-783-5105 or via email at info@desmondins.com.