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Businessowners Insurance

Whether you’re a “solopreneur” or lead a team of hundreds, your company needs protection from the risks of business ownership.

 

Coverage Highlights

 Business Income & Extra Expense Actual Loss Sustained — No Waiting Period

If you can’t operate your business because your property or equipment is damaged, we’ll help cover your costs, up to the actual amount of lost income.

 Damage to Premises Rented to You

Not every business owner also owns their building. If you rent your shop and it is damaged, up to $50,000 of costs are covered.

 EPLI-Free Defense Reimbursement

This coverage pays your business back if you must defend against a lawsuit connected to a worker’s employment. This has a limit of $10,000.

 Equipment Breakdow

Coverage specifically for the tools and machines you need in your business is included with the policy.

 

Related Coverages


Cyber Liability icon
Cyber Liability

Coverage for when secure passwords and internet-based protection isn’t enough.

Commercial Umbrella icon - umbrella with brief case
Business Umbrella

Additional coverage when you need to go above and beyond your regular policy.

Workers' Compensation icon
Workers' Compensation

Protect yourself and your staff if there's an injury or disability on the job.

 

Other Features Include…

Additional Coverages

  • Accounts Receivable: $10,000 on premises, $5,000 off premises
  • Basic Liability: $300,000 (higher limits available)
  • Buildings and Personal Property: Replacement cost
  • Contractual Liability
  • Medical Payments: $5,000 per person 
  • Money and Securities: $10,000 on premises, $2,000 off premises
  • Valuable Papers: $10,000 on premises, $5,000 off premises

Optional Coverages

  • Business Computer
  • Employee Benefits
  • Employee Dishonesty

Preferred Risks

These types of business offer especially competitive rates and special enhancement endorsements.

  • Auto parts stores
  • Baked goods and bakeries 
  • Coffee, tea, and spice shops 
  • Copying and duplicating services 
  • Dairies (ice cream and yogurt shops)
  • Delicatessens 
  • Floor covering stores 
  • Florists 
  • Funeral homes
  • Gift shops
  • Mini-Warehouses
  • Monument dealers
  • Pizzerias (no delivery)
  • Print shops

Get a quote now!

Talk to your independent insurance agent for a quote on coverage, and for more details on what Hastings Mutual can do for you.

Find an Agent 

 
 
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    The information on this page is made available for educational purposes only. The information referred to is not an official company statement, corporate policy, or offer of coverage. Refer to your insurance policy for specific coverage. There is no representation as to the accuracy or completeness of any information found by following any link on this site. Please contact your local independent insurance agent with further questions and for more details on any insurance policy-related information you read here.

    Hastings Mutual Insurance Company
    404 E. Woodlawn Ave.
    Hastings, MI 49058

     

    Monday-Friday
    8:00 a.m. - 4:30 p.m. (EST)

     

    (800) 442-8277

    Insurance Journal Super Regional P/C Insurer
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