Most businesses need general liability, property, and workers’ compensation insurance.

However, requirements vary by industry and business size. We can help you understand your specific needs.

Insurance premiums are influenced by your industry, business size, location, claims history, and coverage limits.

For example, a construction firm in New York City may pay higher premiums than a small accounting office in Mt Vernon due to the higher risks involved.

Here are the core industries The Allen Thomas Group serves in New York:

• Manufacturing
• Food & Beverage Services
• Technology
• Construction & Contractors
• Sports And Fitness
• Retail
• Business & Professional Services
• Healthcare Services
• Non Profits
• Pet Care
• Education
• Energy
• Franchises

Give our commercial agents a call between 9 AM – 5 PM EST at (440) 826-3676 to discuss the nature of insurance for your industry.

We are always happy to help!

For specific industry regulations and licensing requirements in NY, visit the New York State Department of Financial Services.

Did you know that a significant portion of businesses — up to 75% — do not have sufficient insurance coverage?

Don’t be one of them. The Allen Thomas Group offers comprehensive business insurance options to small business owners.

Here are the insurance policies and coverages we offer:

• General Liability Insurance: Protect your business from third-party claims of bodily injury or property damage.
• Professional Liability: Also called errors and omissions coverage. If your business provides professional services or advice, this insurance protects you from liability for errors or omissions in your work.
• Directors and Officers Liability: This type of insurance covers the personal assets of directors and officers in case of a lawsuit.
• Cyber Insurance: As of 2021, the number of cyber-attacks against businesses has increased by 48%. This highlights the urgent need for you to protect yourself against cyber threats.
• Cyber-Data Compromise Coverage: This insurance covers your business in the event of a data breach, including the costs of notifying customers and providing credit monitoring.
• Commercial Auto: If your business owns or uses vehicles, commercial auto insurance provides protection in case of accidents or other damage.
• Employment Practices Liability: This insurance covers your business in case of employee lawsuits alleging discrimination, harassment, or wrongful termination.
• Builders’ Risk: If your business is involved in construction or renovation projects, builders’ risk insurance protects against damage to the building and materials during construction.
• Commercial Property Insurance: This insurance protects businesses against financial losses resulting from damage or destruction to their property, such as buildings, equipment, inventory, and furniture.
• Stop Gap: This insurance fills the gap between workers’ compensation and employer’s liability coverage, providing additional protection for your employees in the event of work-related injuries or illnesses.

Other Small Business Insurance We Offer

If you’re looking for more options to protect your business, here are the additional insurance options:

• Equipment Breakdown: Covers the cost of repairing or replacing damaged equipment and the income lost while it is being repaired.
• Liquor Liability: Protects businesses that serve or sell alcohol from lawsuits related to alcohol-related accidents or injuries.
• Building: Covers damage to your building from fire, storms, or vandalism.
• Loss of Income: Reimburses lost income due to a covered peril that disrupts business operations.
• Crime: Covers losses resulting from employee dishonesty, forgery, or theft.
• Inland Marine Insurance: Protects movable or transportable property, such as equipment and tools, while in transit or stored offsite.
• Contractor’s Equipment: Covers contractor-owned equipment from events like theft, damage, or loss during transportation.
• Surety Bonds: Simply put, a surety bond is like a safety net for a business contract. It ensures that if one party fails to meet its obligations, the other party won’t suffer a loss.
• Workers’ Compensation Insurance: Covers medical expenses and lost wages for employees who are injured on the job.
• Business Owners Policy (BOP): Combines several types of insurance coverage into one policy, typically including general liability, property, and business interruption insurance.
• Special Events: Provides insurance coverage for concerts, fairs, and festivals.
• Employment Practices Liability Insurance: This type of insurance helps protect businesses from the financial risks associated with employment-related lawsuits, such as discrimination, harassment, wrongful termination, and retaliation.

No matter your industry, we have an insurance solution that fits your needs.

We’re here to help you stay protected.

The types of coverage your company needs will depend on various factors, such as your industry, size, and operations.

Some common types of business insurance include general liability, property, and workers’ compensation. We can work with you to assess your risks and find the policies that fit your needs.

The cost of business insurance can vary widely depending on your business size, industry, your exact location, and the types of coverage you need.

We understand that budget concerns many small business owners, and we’re committed to finding cost-effective solutions for our clients. You can get a quote started here.

Here are the core industries The Allen Thomas Group serves:

• Manufacturing
• Food & Beverage Services
• Technology
• Construction & Contracting
• Sports And Fitness
• Retail
• Business & Professional Services
• Healthcare Services
• Non Profits
• Pet Care
• Education
• Energy
• Franchises

Give our commercial agents a call between 9 AM – 5 PM EST at (440) 826-3676 to discuss the nature of insurance for your industry. We are always happy to help!

When looking for a trustworthy business insurance agency in Mount Vernon, check their reviews, find client testimonials, and read their about us page.

Schedule a consultation and determine if you’re a good fit before deciding to partner with them.

When you reach out to the agency, do you feel cared for or like just another number?

Get a hold of a local commercial insurance agent at The Allen Thomas Group for customized insurance plans and a personal experience.

Did you know that a significant portion of businesses — up to 75% — do not have sufficient insurance coverage?

Don’t be one of them. The Allen Thomas Group offers comprehensive business insurance options to protect your company.

Here are the insurance coverages we offer:

• Liability (General Liability): Protect your business from third-party claims of bodily injury or property damage.
• Professional Liability: If your business provides professional services or advice, this insurance protects you from liability for errors or omissions in your work.
• Directors and Officers Liability: This type of insurance covers the personal assets of directors and officers in case of a lawsuit.
• Cyber Liability: As of 2021, the number of cyber-attacks against businesses has increased by 48%. This highlights the urgent need for you to protect yourself against cyber threats.
• Cyber-Data Compromise Coverage: This insurance covers your business in the event of a data breach, including the costs of notifying customers and providing credit monitoring.
• Commercial Auto: If your business owns or uses vehicles, commercial auto insurance provides protection in case of accidents or other damage.
• Employment Practices Liability: This insurance covers your business in case of employee lawsuits alleging discrimination, harassment, or wrongful termination.
• Builders’ Risk: If your business is involved in construction or renovation projects, builders’ risk insurance protects against damage to the building and materials during construction.
• Stop Gap: This insurance fills the gap between workers’ compensation and employer’s liability coverage, providing additional protection for your employees in the event of work-related injuries or illnesses.

Other Insurance We Offer

If you’re looking for more options to protect your business, here are the additional insurance options:

• Equipment Breakdown: Covers the cost of repairing or replacing damaged equipment and the income lost while it is being repaired.
• Liquor Liability: Protects businesses that serve or sell alcohol from lawsuits related to alcohol-related accidents or injuries.
• Building: Covers damage to your building from fire, storms, or vandalism.
• Loss of Income: Reimburses lost income due to a covered peril that disrupts business operations.
• Crime: Covers losses resulting from employee dishonesty, forgery, or theft.
• Inland Marine: Protects movable or transportable property, such as equipment and tools, while in transit or stored offsite.
• Contractor’s Equipment: Covers contractor-owned equipment from events like theft, damage, or loss during transportation.
• Surety Bonds: Simply put, a surety bond is like a safety net for a business contract. It ensures that if one party fails to meet its obligations, the other party won’t suffer a loss.
• Workers’ Compensation: Covers medical expenses and lost wages for employees who are injured on the job.
• Business Owners Policy (BOP): Combines several types of insurance coverage into one policy, typically including general liability, property, and business interruption insurance.
• Special Events: Provides insurance coverage for concerts, fairs, and festivals.

No matter your industry, we have an insurance solution that fits your needs.

We’re here to help you stay protected.

The types of coverage your company needs will depend on various factors, such as your industry, size, and operations.

Some common types of business insurance include general liability, property, and workers’ compensation. We can work with you to assess your risks and find the policies that fit your needs.

The cost of business insurance can vary widely depending on your business size, industry, and the types of coverage you need.

We understand that budget concerns many business owners, and we’re committed to finding cost-effective solutions for our clients. You can get a quote started here.

When looking for a trustworthy business insurance agency in Mount Vernon, check their reviews, find client testimonials, and read their about us page.

Schedule a consultation and determine if you’re a good fit before deciding to partner with them.

When you reach out to the agency, do you feel cared for or like just another number?

Get a hold of a local commercial insurance agent at The Allen Thomas Group for customized insurance plans and a personal experience.

Risks are inherent to businesses regardless of their size and type.

As you start building and growing your business, the level of risk increases proportionally. Because of this, having a financial safety net, like business insurance, protects you from significant financial losses that may affect your business.

It also helps you secure your assets, gain customer trust, and fulfill any legal requirements set by the government or other regulatory bodies. With the right insurance coverage, you can rest assured knowing your business is well-protected.

With that said, here are some of the policies we provide from leading carriers.

Liability Insurance Coverages

If you’re running a business, liability coverage is crucial. Your policy should cover general liability, professional liability (errors and omissions insurance), directors and officers liability, cyber liability, employment practices liability, liquor liability, etc. This adds a layer of protection in case anything goes awry.

Cyber Insurance

As technology advances and businesses rely on them for convenience, the risks you must be aware of start to increase. Securing cyber-data compromise coverage is vital if you’re building a digital company or using advanced apps to collect customer data. This coverage protects your business from criminal hackers or other malicious intruders.

Commercial Auto

Insurance

If you want to build a local business with a physical store and deliver your products and services with a fleet of delivery vehicles, you must ensure they’re protected. Our experienced agents can help you choose the best commercial auto insurance policy for your business.

Builders Risk

Insurance

If you want to establish a new location for your business or expand your current office, you must ensure your construction projects are adequately protected. The success of a construction project relies on an efficient risk management system. Builders’ risk coverage protects all materials and construction costs from unexpected events like theft, fire, or storm damage.

Workers’ Compensation

Insurance

Protecting your employees is essential for the success of any business. Workers’ compensation insurance policies protect against workplace accidents and injuries, especially in hazardous industries. This ensures your employee will receive proper medical treatment and secure a source of income while they recover.

Stop Gap

Insurance

A stop-gap insurance policy complements a workers’ compensation policy. It provides a special exemption in case of gaps between when your employee’s medical bills pile up and when they will receive their compensation benefits. This coverage helps bridge that gap without leaving you with significant financial risks.

Equipment Breakdown

Insurance

If you’re running a manufacturing company, automotive, or other businesses requiring machinery, you must ensure that the equipment is covered in case of breakdowns or malfunctions. Equipment breakdown coverage protects your business from any damages or losses related to mechanical issues, motor burnout, power outages, etc.

Commercial Property

Insurance

Building or commercial property insurance coverage can help protect your business premises and assets, such as furniture, computers, equipment, and more. This coverage provides reimbursement or repair in the event of a fire, theft, flood, storm damage, or other natural disasters.

Loss of Income

The tricky thing about starting a business is that you can’t tell where it will go. The best you can do is to provide your business with the proper protection. Loss of income insurance will cover any losses due to property damage, power outages, or other unexpected events that can disrupt your operations and profitability.

Crime

You’re prone to fraud, embezzlement, and other criminal activities as a business owner. With comprehensive business crime insurance coverage, you can protect your business from losses due to employee or third-party theft, robbery and cash protection, computer fraud, and more.

Inland Marine

Insurance

Basic commercial property insurance coverage protects physical assets found in your main office. However, this doesn’t guarantee coverage for transported materials, items stored in an off-site warehouse, or assets transported to a different branch. Inland marine insurance provides coverage for these items and helps protect businesses from losses related to transportation, theft, or damage of goods.

Contractor’s Equipment

Insurance

Similar to equipment breakdown coverage, a contractor’s equipment insurance covers accidents, theft, or damage to machinery used by independent contractors and other associated professionals. Businesses that rely on third-party services must ensure their contractors have the right equipment coverage.

Surety Bonds

Surety bond insurance policies are a form of financial protection for businesses. This coverage adds an extra layer of security for clients and other stakeholders if the company fails to provide goods or services as promised. This protects the business owners from expensive liabilities and legal action in case of disputes or financial losses arising from the project.

Business Owners’ Policy (BOP)

Think of a business owner’s policy insurance as an Easter egg of business insurance products. This type of coverage combines all essential property and liability insurance needs into one policy, and it provides business owners comprehensive operational and liability coverage at a practical price point.

Special Events

Businesses hold essential events on a large scale. Whether you want to promote a new product, expand your connections, or attract a new customer base, you must protect your business in case of unfortunate incidents. Special event insurance can cover liability, property damage, and more during these events.

Personal insurance coverage can protect you and your family from sickness, accidents, death, and other unexpected matters.

On the other hand, business insurance coverage can protect you from losses related to property damage or theft of goods. Insurance coverage is essential to ensure you’re prepared when life throws curveballs.

With a customized insurance policy from The Allen Thomas Group, you have to pay premiums to your insurance provider regularly.

The amount you pay will depend on the type of policy and coverage you choose. In exchange, your insurer agrees to cover any financial losses or liabilities caused by accidents or events covered by the policy.

Your premium will be allocated to different funds like the insurance company’s reserve fund or investment portfolio. If an incident occurs and you make a claim, your insurer will cover the damages up to your chosen coverage.

You may scale up or down, depending on your budget and the level of coverage.

Insurance prepares and protects you from unforeseen circumstances that may interfere with your goals.

Having the right coverage allows you to stay focused on achieving your objectives while being secure in knowing that any damage or losses won’t significantly affect you. Insurance minimizes or eliminates risks and financial burdens, so you can continue living your dream life.

The limitations of your insurance policy depend on what type of coverage you purchase. For example, some business insurance may not cover all foreseen incidences or may not scale with your business in the future. In this case, you might need to add additional coverage for a more comprehensive risk management strategy.

At the Allen Thomas Group, we carefully analyze all matching insurance plans to ensure you have the best coverage for your needs without limitations.

Risks are inherent to businesses regardless of their size and type. As you start building and growing your business, the level of risk grows proportionally. Because of this, having a financial safety net, like business insurance, protects you from significant financial losses that may affect your business.

It also helps you secure your assets, gain customer trust, and fulfill any legal requirements set by the government or other regulatory bodies. With the right insurance coverage, you can rest assured knowing your business is well-protected.

With that said, here are some of the policies we provide from leading carriers.

Liability Coverage

If you’re running a business, liability coverage is crucial. Your policy should cover general liability, professional liability (errors and omissions insurance), directors and officers liability, cyber liability, employment practices liability, liquor liability, and many more. This adds a layer of protection in case anything goes awry.

Cyber-data Compromise Coverage

As technology advances and businesses rely on them for convenience, the risks you must be aware of start to increase. Securing cyber-data compromise coverage is vital if you’re building a digital company or using advanced apps to collect customer data. This coverage protects your business from criminal hackers or other malicious intruders.

Commercial Auto

If you want to build a local business with a physical store and deliver your products and services with a fleet of delivery vehicles, then you need to ensure they’re protected. Our experienced agents can help you choose the best commercial auto insurance policy for your business.

Builders Risk

If you want to establish a new location for your business or expand your current office, you must ensure your construction projects are adequately protected. The success of a construction project relies on an efficient risk management system. Builders’ risk coverage protects all materials and construction costs from unexpected events like theft, fire, or storm damage.

Workers’ Compensation

Protecting your employees is essential for the success of any business. Workers’ compensation insurance policies protect against workplace accidents and injuries, especially in hazardous industries. This ensures your employee will receive proper medical treatment and secure a source of income while they recover.

Stop Gap

A stop-gap insurance policy complements a workers’ compensation policy. It provides a special exemption in case of gaps between when your employee’s medical bills start to pile up and when they will receive their compensation benefits. This coverage helps bridge that gap without leaving you with significant financial risks.

Equipment Breakdown

If you’re running a manufacturing company, automotive, or other businesses requiring machinery, you must ensure that the equipment is covered in case of breakdowns or malfunctions. Equipment breakdown coverage protects your business from any damages or losses related to mechanical issues, motor burnout, power outages, etc.

Building

Building or commercial property insurance coverage can help protect your business premises and assets, such as furniture, computers, equipment, and more. This coverage provides reimbursement or repair in the event of a fire, theft, flood, storm damage, or other natural disasters.

Loss of Income

The tricky thing about starting a business is that you can’t really tell where it’s going in the future. The best you can do is to provide your business with the right protection. Loss of income insurance will cover any losses due to property damage, power outages, or other unexpected events that can disrupt your operations and profitability.

Crime

As a business owner, you’re prone to fraud, embezzlement, and other criminal activities. With comprehensive business crime insurance coverage, you can protect your business from losses due to employee or third-party theft, robbery and cash protection, computer fraud, and more.

Inland Marine

Basic commercial property insurance coverage protects physical assets found in your main office. However, this doesn’t guarantee coverage for transported materials, items stored in an off-site warehouse, or assets transported to a different branch. Inland marine insurance provides coverage for these items and helps protect businesses from losses related to transportation, theft, or damage of goods.

Contractor’s Equipment

Similar to equipment breakdown coverage, a contractor’s equipment insurance covers accidents, theft, or damage to machinery used by independent contractors and other associated professionals. Businesses that rely on third-party services must ensure their contractors have the right equipment coverage.

Surety Bonds

Surety bond insurance policies are a form of financial protection for businesses. This coverage adds an extra layer of security for clients and other stakeholders if the company fails to provide goods or services as promised. This protects the business owners from expensive liabilities and legal action in case of disputes or financial losses arising from the project.

Business Owners Policy (BOP)

Think of a business owner’s policy insurance as an Easter egg of business insurance products. This type of coverage combines all essential property and liability insurance needs into one policy, and it provides business owners comprehensive operational and liability coverage at a practical price point.

Special Events

Businesses hold important events on a large scale. Whether you want to promote a new product, expand your connections, or attract a new customer base, you must protect your business in case of any unfortunate incidents. Special event insurance can cover liability, property damage, and more during these events.

Personal insurance coverage can protect you and your family from sickness, accidents, death, and other unexpected matters.

On the other hand, business insurance coverage can protect you from losses related to property damage or theft of goods. Insurance coverage is essential to ensure you’re prepared when life throws curveballs.

With a customized insurance policy from The Allen Thomas Group, you have to pay premiums to your insurance provider regularly.

The amount you pay will depend on the type of policy and coverage you choose. In exchange, your insurer agrees to cover any financial losses or liabilities caused by accidents or events covered by the policy.

Your premium will be allocated to different funds like the insurance company’s reserve fund or investment portfolio. If an incident occurs and you make a claim, your insurer will cover the damages up to your chosen coverage.

You may scale up or down, depending on your budget and the level of coverage.

Insurance prepares and protects you from unforeseen circumstances that may interfere with your goals.

Having the right coverage allows you to stay focused on achieving your objectives while being secure in knowing that any damage or losses won’t significantly affect you. Insurance minimizes or eliminates risks and financial burdens, so you can continue living your dream life.

The limitations of your insurance policy depend on what type of coverage you purchase. For example, some business insurance may not cover all foreseen incidences or may not scale with your business in the future. In this case, you might need to add additional coverage for a more comprehensive risk management strategy.

At the Allen Thomas Group, we carefully analyze all matching insurance plans to ensure you have the best coverage for your needs without limitations.