NJ Business Owners Insurance Package

Businesses can bundle property and liability coverage into a Business
Owners Insurance Policy that allows your business to obtain broad
coverage with affordable premiums. Business Owners Insurance is
usually the first step for small businesses looking to get basic property
and liability coverage and is a comprehensive and affordable insurance
package for small or medium sized businesses.

To qualify for Business Owners Insurance Policies, a New Jersey
company should have 100 or fewer employees, and annual revenues
should be less than $1 million. Business Owners Insurance will
typically provide reimbursement for up to a year of lost revenue
resulting from an insured property loss.

Some businesses may find New Jersey Business Owners Insurance
coverage limits to be too low or may not like the lack of flexibility on
options like coinsurance. However, what the Business Owners
Insurance Policy lacks in flexibility it usually makes up for with lower
premiums for your business.

New Jersey Business Owners Insurance offers named perils or all
risk insurance coverage, similiar to general property insurance
coverages. Enhancement endorsements are available at little or no
cost to extend coverage to your accounts receivable, valuable
papers, signs, employee dishonesty, mechanical breakdown,
computers including software, money and securities, off premises
power failure and spoilage of food products, backup of sewers and
drains.

While similiar to Commercial General Liability Insurance, the
liability part of a Business Owners Insurance Policy offers less
flexibility in determining your coverage limits for particular claims.
Optional limits of $300,000, $500,000 or $1,000,000 are available.
Personal injury, products liability, fire legal liability and premises
medical payments are included. Also, New Jersey Business
Owners Insurance does not include professional liability insurance.

Business Interruption Insurance is usually included in Business
Owners Insurance Policies and covers lost income and expenses
incurred when a company suffers disaster related damage. Ongoing
operating expenses that continue even if business is suspended,
such as payroll, are also covered.

Click on the link below to fill out a quote request form for a New Jersey
Business Owners Package insurance plan, that regardless of whether
you're a large employer or a small business, will provide exceptional
long term disability insurance coverage for your businesses most
important asset...your employees. Or speak with one of our New
Jersey Business Insurance specialists at 609-466-5300 to discuss the
features.

**The information, pictures, and other content in this website about particular
insurance services is only provided for informational purposes. Any decisions
regarding your insurance needs should be discussed with a licensed
insurance agent.

New Penn Insurance Associates

83 Princeton Avenue

Suite 3D

Hopewell, New Jersey 08525

Mercer County, NJ

(609) 466-5300

Toll Free: (800) 927-7475

Fax: (609) 466-7289

New Penn Insurance Associates

538 Street Road, Suite 200

PO Box 578

Southampton, PA 18966