Our Services
Mona Lisa Insurance and Financial Services offers coverages for any Commercial Insurance need, such as the examples below.
• General Liability
• Professional Liability
• Commercial Property
• Business Auto
• Flood
• Condominium/Homeowners' Associations
• Excess Liability
• Workers Compensation
• Boiler & Machinery
• Business Interruption
• Directors & Officers
• Fidelity & Crime
• Inland Marine
• Liquor Liability
AFTER ANALYZING YOUR INSURANCE NEEDS, WE WILL PROVIDE YOU WITH:
• A competitively priced proposal presented to you for your review.
• A responsible protection program designed for you.
• A company or companies selected to best suit your situation.
• Periodic reviews for the adequacy of your insurance program.
We look for ways to save you money, and we can arrange financing.
Great tips on Commercial and Business Insurance: Watch Now!
A FEW THINGS YOU SHOULD KNOW IF YOU OWN A BUSINESS:
If you hire a subcontractor to do work for your business, check their certificate of insurance… if they have no workers’ compensation, you could be held liable.
Do you need an umbrella policy?
If your company has a fire and is out of business for 2 months, are you covered for loss of income?
Have you updated the values of your equipment; your policy will not pay beyond the the stated value.
Do you understand the coinsurance clause on your property policy? You should, as it may cost you a penalty in the event of a claim.
Do you have an Insurable Replacement Cost Appraisal should be obtained to properly determine the cost to replace the building.
Flood Insurance should be obtained regardless of your flood zone. 30% of all flood losses occur in the less hazardous zones known as “B, C, X”. Flood insurance is a separate policy and is not included in the property policy.The common misconception is that you need to live close to water to consider flood insurance. This is a myth. Flood Insurance should be obtained regardless of your flood zone. 30% of all flood losses occur in the less hazardous zones known as “B, C, X”. Flood insurance is a separate policy and is not included in the property policy. Floods can be caused in many ways including Tropical Storms, Hurricanes or even a severe Thunder Storm. Don’t get caught in rising water — protect your home with flood insurance. Flood insurance is authorized by the Federal Emergency Management Agency (FEMA). Flood coverage must be purchased as a separate policy as flood damage is not covered under homeowner policies.
An auto insurance policy is a contract between you and an insurance company. You pay a premium. In exchange, the insurance company promises to pay for specific car-related financial losses within the selected coverage limits that you may have during the term of the agreement.
Most states require that you carry automobile liability insurance in certain minimum amounts. If you are at fault in an accident, the law requires that you pay the damages sustained by the person who is not at fault. These can include property damage, which is the cost to repair or replace any property that you have damaged. These can also include damages for personal injuries, which include not only the other person’s medical expenses and lost wages but also damages for pain and suffering, permanent injury, and loss of enjoyment of life. These damages can come to thousands of dollars, even for a minor accident. That’s why adequate insurance is essential to your economic health.
• Commercial Auto
Watch to learn more about Motor Vehicle Insurance:How do Surety Bonds Work?
To put it simply, they guarantee that specific tasks are fulfilled.
This is achieved by bringing three parties together in a mutual, legally binding contract.
The principal is the individual or business that purchases the bond to guarantee future work performance.
The obligee is the entity that requires the bond. These are typically government agencies working to regulate industries and reduce the likelihood of financial loss.
The surety is the insurance company that backs the bond. They provide a line of credit in case the principal fails to fulfill the task.
The obligee can make a claim to recover any losses incurred if the principal fails to fulfill the task.
If the claim is valid, the insurance company will pay reparation that cannot exceed the bond amount. The principal will then reimburse the insurance company for any paid claims.
Get your bond instantly by clicking here.