Tag: Brook Insurance Associate

What is Commercial Insurance in Rhode Island?

Posted on October 28, 2022 by Eliza Galvin

Commercial insurance is insurance that provides coverage for businesses and their owners. This type of insurance can help protect a business from potential financial losses due to accidents or other unexpected events.If you want to know more about the Commercial Insurance  you may visit this website: https://ri-insurance.com/commercial-insurance/

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Commercial insurance in Rhode Island can be purchased from a variety of insurers, so it's important to choose the right provider for your business. Here are some tips for finding the best commercial insurance in Rhode Island: 

1. Shop Around

There are a number of different commercial insurers in Rhode Island, so it's important to shop around and compare prices. It's also important to consider the coverage that each insurer offers. Some insurers may have more comprehensive coverage than others. 

2. Consider Your Business Needs

Before you purchase commercial insurance, it's important to know what kind of coverage your business needs. Some key factors to consider include liability limits, property damage limits, and coverages such as earthquake risk protection and business interruption insurance. 

3. Request A Quote

Once you've decided on the types of coverage your business needs, you can request a quote from several different providers. Be sure to ask for quotes that include all the details about the coverage you're interested in, such as exclusions and minimum requirements. 

4. Make Sure The Provider Is Licensed In Rhode Island

Before you sign up for commercial insurance with any provider, make sure they are licensed in Rhode Island and have an approved policy form with the state Department of Insurance . 

Who needs commercial trucking insurance?

Posted on September 23, 2022 by Eliza Galvin

Commercial trucking insurance is typically recommended for businesses that transport goods over 25,000 pounds, including both commercial and private freight. The benefits of having Commercial Transportation Insurance include: 

-Protection from property damage and liability claims. 

-In the event of an accident, coverage can help pay for damages to the truck, cargo, and other vehicles involved. 

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-The policy may also cover costs associated with roadside assistance and towing. 

 -And if you're involved in a collision, it can provide financial assistance in dealing with any medical expenses or lost income.

Why is commercial trucking insurance important?

If you're an owner or driver of a commercial truck, you need to be aware of the importance of commercial trucking insurance. Trucking insurance is essential because it covers the costs associated with being in a vehicle that's carrying goods and equipment, including property damage, injuries to other drivers and passengers, and even death.

Commercial trucking insurance can also protect your business from financial losses if something goes wrong while you're on the road.

Some of the benefits of having commercial trucking insurance include:

• Property damage coverage: This type of coverage compensates you for damages to your truck, trailer, cargo, and any other property that's involved in the incident.

• Bodily injury coverage: This coverage helps pay for medical expenses and lost wages if someone is injured while traveling with your truck.

• Death coverage: If someone dies as a result of an accident while you're driving your truck, this type of coverage can help provide financial support for their family.