Every business, regardless of its size, is about managing risk, and smaller businesses are particularly vulnerable if something goes wrong either at their premises or with their daily routines. Our agents at DJ Kauffman Agency in Hutchinson, KS, will highlight a few key points to remember when purchasing commercial insurance.

A Round-up of Various Types of Business Insurance

The type of coverage you need and possibly more than one policy depends on your industry and the services you provide. Here are the most common policy types:

• Business Owners: A combination of commercial property and general liability insurance.
• General Liability: A policy covering liability lawsuits resulting from property damage, third-party injuries, and defamation or copyright infringement.
• Commercial Property: Insurance that can be included with a business policy. It covers stolen, lost, or damaged business property.
• Business Interruption: This may also be included in a business or commercial property policy. It offers protection if your business has to shut temporarily due to a covered peril.
• Professional Liability: Also known as errors and omissions insurance, it covers lawsuits resulting from negligence, mistakes, and oversights in your work.
• Commercial Auto: Covers property damage, medical expenses, and legal costs if your business vehicle is involved in an accident.
• Workers Compensation: This covers lost wages and medical expenses due to work-related illnesses or injuries.

Understanding the Legally Required Insurance

Certain types of insurance may be legally required for your small business, depending on several factors. State laws, lenders, and the clients you serve may necessitate a certain level of coverage. Landlords of your commercial space may demand general liability policies to minimize third-party lawsuits and property damage.

Securing Your Company with Suitable Coverage

If your small business is in need of insurance, don’t hesitate to get in touch with DJ Kauffman Agency in Hutchinson, KS. Our team will provide the advice you need, and we can provide an estimate for the coverage you require.

Navigating the world of workers’ compensation insurance can be complex, but both employers and employees in the greater Hutchinson, KS region must understand this vital coverage. Here’s important information from DJ Kauffman Agency to help you understand how workers’ compensation insurance works. 

What is Workers’ Compensation Insurance?

Workers’ compensation insurance is a coverage that provides benefits to employees who suffer work-related injuries or illnesses. It typically covers medical expenses, lost wages, rehabilitation costs, and, in unfortunate cases, death benefits for the dependents of deceased workers.

Employer Responsibilities

Employers in Kansas are generally required to carry workers’ compensation insurance to protect their employees in case of workplace accidents or injuries. Compliance with state regulations is essential to avoid legal penalties.

Employee Rights

Workers’ compensation insurance ensures that employees receive the necessary medical care and financial support if they are injured or fall ill due to their job. Employees have the right to file a claim for benefits without fear of retaliation from their employer.

Benefits of Workers’ Compensation Insurance

For employers, workers’ compensation insurance provides protection against lawsuits related to workplace injuries or illnesses. It also helps maintain employee morale and productivity by demonstrating a commitment to their well-being. For employees, workers’ compensation insurance offers peace of mind, knowing that they will be taken care of if they suffer a work-related injury or illness. It provides financial support during recovery, helping them focus on healing without worrying about medical bills or lost wages.

Workers’ compensation insurance is a crucial component of workplace safety and security for both employers and employees in the greater Hutchinson, KS region. If you have questions about workers’ compensation insurance or need assistance with your coverage, reach out to DJ Kauffman Agency today.

You may need commercial insurance when you run a business in the Hutchinson, KS area. That depends on the kind of business you have, where it’s located, and other factors. Unless you have an online company completely operated from home, you probably need commercial coverage. The DJ Kauffman Agency can help you get the right policy, offering vital protection to your business and its customers.

Protecting your business and employees matters, and you can do that more efficiently with a commercial policy. These policies are generally for the structure if you own the building, along with all the equipment and inventory you have for your business. If you’re renting your location, our agents can help you find a policy that covers everything to do with your actual company, so you’ll be secure without covering a structure that you don’t own.

But it’s not just the employees and business items you need to take care of. You also want to protect your customers, and a commercial policy is the right choice for doing that. These policies cover you if a customer is injured or otherwise harmed on your property, so you have the means to help that customer with expenses and not experience significant damage to your business’s ability to operate. The peace of mind that comes with this is important and significant.

If you’re in the Hutchinson, KS area and looking for a commercial insurance policy, contact us at the DJ Kauffman Agency today. We understand the value of protecting your business, employees, and customers and can work with you to find the right solution for your needs. Working with a trusted agent is the right choice for a quality policy.

If you’re a business owner, you’ll already know the importance of investing in commercial insurance. Owning a business comes with many responsibilities, from property maintenance to employee wage payments. When one thing goes wrong, it can cost a business owner hundreds or thousands of dollars. Investing in a quality insurance plan will protect several areas against financial losses. At DJ Kauffman Agency, we want to discuss commercial insurance policies with the people of Hutchinson, Kansas.

Insurance Policies for a Business

While shopping for a commercial insurance plan, you should be looking for policies that would cover a variety of situations for your business. This could include liability insurance, a policy that would provide payments for legal issues. There’s disaster insurance, which would pay for the property damages of a perilous event like a theft or a storm. Then there’s worker’s compensation, the kind of insurance that would help employers pay their employees in the event of a personal injury. While you should look into all of the policy clauses, it’s generally a good idea to look into all of them.

Buying Commercial Insurance in Hutchinson, KS

As a Hutchinson business owner, you have plenty of options to choose from when purchasing a commercial insurance plan. Our team at the DJ Kauffman Agency is interested in designing an insurance plan that fully covers your business owner’s needs. To get in touch with the staff, contact us at 620-669-0410. Whether you need liability protection, disaster relief, or payments for property damages or general losses, the DJ Kauffman Agency is ready to take your questions.

As a business owner, you want to do everything you can to protect your company. After all, your business is your livelihood. That’s why it’s crucial to have the right commercial insurance. But what exactly is commercial insurance? In this blog post, we’ll explain in detail what business owners need to know about commercial insurance.

1. What Types of Risks Does Commercial Insurance Cover?

One of the most important things to understand about commercial insurance is that it can cover many risks. From property damage to liability, there are many potential risks that your business could face. That’s why it’s important to have the right coverage in place. Remember, different companies have different risks. So, working with an insurance agent is vital to ensure you get the right coverage for your specific needs.

2. Do I Need Commercial Insurance?

Not all businesses need commercial insurance. If you’re a sole proprietor or your business is very small, you may be able to get by with personal insurance coverage. However, as your business grows, you will likely need commercial insurance. This is especially true if you have employees. Keep in mind that some types of companies are required to have commercial insurance. It’s always a good idea to check your state’s insurance requirements.

3. How Much Does Commercial Insurance Cost?

The cost of commercial insurance will vary depending on several factors, including the size and type of your business. However, in general, commercial insurance is more expensive than personal insurance. This is because businesses are generally seen as a higher risk than individuals. But keep in mind that the cost of commercial insurance is often worth it when you consider the protection it provides.

4. How Often Should I Review My Coverage?

It’s a good idea to review your commercial insurance coverage at least once a year. This way, you can ensure you’re still getting the right coverage for your needs. Remember, your insurance needs will likely change as your business changes and grows.

Every business is different, so that every company will have other insurance needs. That’s why working with an experienced insurance agent is so important to get the right coverage for your business. DJ Kauffman Agency has been helping companies in Hutchinson, KS, and the surrounding areas with their commercial insurance needs for many years. Contact us today to learn more about our commercial insurance offerings and how we can help you protect your business.

The DJ Kauffman Agency, serving the greater Hutchinson, KS area, is here to help local business owners with all of their insurance needs. If you are interested in learning more about the benefits of a comprehensive commercial insurance policy, call our office today.

Commercial protection for your business

You’ve worked hard to grow your business, and it’s important to protect your efforts! If you have the same level of coverage that you’ve had since you started your company, it may be time to review your policy. Asset growth, such as with inventory and equipment, can have a significant effect on your insurance needs.

When you have found the right insurance policy for your needs, you can rest assured that you have the protection your company needs. We recommend a regular review of commercial policies to ensure that our clients have the coverage they need. Many times, we discover that our clients simply roll over their policies from one year to the next without a careful review. This behavior can create an unwelcome situation if your current needs outweigh the coverage levels your business required years ago.

The right commercial policy can make the difference between a seamless recovery from a catastrophic event and months of stagnation as your business struggles to get back online. Our team is here to help you find the policy and coverage level that best suits your business’ needs.

Call our office today and schedule your consultation

If you are a business owner in the greater Hutchinson, KS area, the team at DJ Kauffman Agency is here to help you with all of your commercial insurance needs. Call our office today and schedule a consultation to find out more. We look forward to working with you!

When you are running a business in Kansas, you want to make sure that everything you have worked so hard for is protected. You may be looking for Kansas commercial insurance to help you do that, or you may want to be updating an existing business insurance policy.

At DJ Kauffman Agency, we want Hutchinson, KS business owners to feel protected against financial losses caused by liabilities and property damage. We can help you to determine what kind of Kansas business insurance your company needs.

Inventory Your Company’s Valuables

If you aren’t sure what your business needs, make a list of the things that are valuable to your company. Consider what your losses would be.

Is it data? Is it equipment? Is it people? If your business was damaged or in peril in any way, what would you need to be replaced? 

Look at every value or valuable on your list, there’s probably insurance coverage for that.

Commercial Liability Insurance

This is the general liability insurance that most businesses in Kansas will have. You are not required by law to carry it. If you have a mortgage on the property, your lender may want to see proof of liability insurance.

When there is an injury or death on your property, you may be held liable. This insurance will cover the other party’s costs for medical, lost wages, and any property damage they sustain.

Additional Kansas Commercial Insurance to Consider

There are a number of commercial insurance add-ons or riders that you can add to your Kansas business insurance policy.

• Equipment or tools insurance coverage: Every computer and pencil cup matters
• Commercial auto insurance
• Cybersecurity protection: Identity theft, data breach coverage, business interruption insurance
• Professional liability, errors and omission, director’s and officer’s insurance

Get a Quote

When you are looking for Kansas commercial insurance, there are a number of coverages that you can get. At DJ Kauffman Agency, we want Hutchinson, KS business owners to feel secure with their commercial insurance policy. Call us for a quote today.

Being a business owner is one of the most satisfying accomplishments you can achieve. Only a few people ever get to enjoy that feeling of accomplishment. However, along with that satisfaction of business ownership also comes significant responsibility. Your employees, customers, and clients depend on you to provide a certain level of security and protection at your place of business. How will you provide this? DJ Kauffman Agency, serving Hutchinson, KS can help you provide the protection and peace of mind you need for your company. Keep reading to find out what you need to know about commercial insurance. 

What is Commercial Insurance?

Commercial insurance is a suite of insurance products that have been specially designed with the business owners in mind. There are many aspects to your company which need protection. A commercial insurance policy is designed to cover all of these aspects so that you can focus your energy and time on running your company. 

What Does Commercial Insurance Cover?

A commercial insurance policy can be customized to suit your specific needs, but there are a few general areas of protection. 

• Property Damage – Property damage coverage is necessary for the business owner who operates a brick-and-mortar establishment. If your physical location sustains damage due to natural disaster, fire, or burglary, your commercial insurance policy will help pay for repairs or property replacement. 
• Auto Insurance – If your company uses automobiles daily for your business’s operations, those automobiles will need to have sufficient insurance coverage. Your commercial policy will take care of this and cover the drivers you approve for those vehicles. 
• Liability Coverage – Liability coverage is essential to the long-term financial health of your business. If a customer, client, or employee is injured on your property or as a result of your goods and services, you could be held liable for any medical or legal expenses which result. Liability coverage will help pay for this. 

If you would like to learn more about our services, please contact DJ Kauffman Agency, serving Hutchinson, KS. 

As a business owner in Kansas, it’s important to know about the commercial insurance options you have for your business.

1. What Is Commercial Insurance?

Commercial insurance will help you cover different aspects of your business. This can include general liability, property insurance, and workers’ compensation. Different policies, such as a business owner’s policy, combine various insurance types for your needs.

2. Is Commercial Insurance Required?

In Hutchinson, KS, and other areas in the state, commercial insurance, including workers compensation insurance, is not required. Still, different types of insurance will be required depending on the type of business you run. At a minimum, you want to have general liability insurance to protect you from several different lawsuits. However, there is no one-size-fits-all approach when it comes to commercial insurance. An agent at DJ Kauffman Agency can help you decide which is the best type of insurance for your business and whether it’s required or not.

3. Is Commercial Insurance Deductible?

Commercial insurance can be deducted from business expenses if it covers your business operations or trade. However, you cannot deduct it if it covers loss of business earnings or a self-insurance reserve fund.

4. What Determines the Premiums for Commercial Insurance?

Your commercial insurance will be dependent on several factors, such as your industry, number of employees, payroll size, and claims history.

5. When Should You Review Commercial Insurance?

Commercial insurance is usually a 12-month contract, and it’s not recommended to jump from one carrier to another while you are in the middle of a term. At the end of the term, it’s always a good idea to evaluate your coverage and see if your circumstances have changed and if that would require you to update your coverage.

Contact DJ Kauffman Agency to get a quote on commercial insurance.