Short-Term Business Insurance

Need Tailored Business Insurance Coverage for a Short-Term Project?

We understand that business needs can be fluid, and traditional insurance policies may not always offer the flexibility you require. Our short-term business insurance solutions provide on-demand coverage options to fit your specific needs, whether hourly, daily, weekly, or monthly.

Coverage Options:

• Business Equipment Protection: Safeguards your essential equipment that you own, rent or borrow in case of theft, damage, or other covered perils.
• Business Owner's Policy (BOP): Combines essential coverages like general liability and commercial property insurance into a single, cost-effective package.
• Business Interruption: This can help cover lost income and operating expenses if your business is forced to close or operate at a reduced capacity due to a covered event like a fire, natural disaster, or power outage.
• Commercial Property Insurance: Covers the repair or replacement costs of your main building, rented offices and any owned structures like garages or storage sheds as well as the furniture, equipment, inventory, and other business belongings inside your building.
• Cyber Liability: Covers costs associated with data breaches, including legal fees, notification to affected individuals, and credit monitoring. This is especially relevant for businesses that store customer information, like credit cards or other sensitive information online or on-premise.
• Equipment Breakdown: Covers repair or replacement costs for essential business equipment damaged due to mechanical breakdown, wear and tear, or power surges.
• Event Insurance: A specialized, short-term policy for protecting your business or corporate events, like charitable fundraisers, fairs/festivals, shows (cars, planes, concerts, etc.), company picknicks/BBQs, and much more.
• General Liability: This comprehensive coverage forms the cornerstone, protecting against claims of bodily injury, property damage and personal injury to others arising from your business operations, products, or premises. Even if a lawsuit against your business is ultimately found to be invalid, General Liability covers your legal defense costs and includes attorney fees, court costs, and other associated expenses. The most common coverages include: Show More....
  • Bodily injury: Covers medical expenses, lost wages, and other costs associated with bodily injuries sustained by others due to your business activities, on your premises, or by your products.
  • Property damage: If your business activities (including employees, vehicles, or products) damage someone else's property, this covers repair or replacement costs.
  • Personal & Advertising Injury: Covers legal defense costs and damages awarded to others due to non-physical injuries stemming from your business activities, including libel and slander, copyright infringement and wrongful eviction.
  • Products and Completed Operations: Protects against claims alleging injuries or property damage caused by defective products your business manufactures, distributes, or sells. It is essential for businesses that manufacture, distribute, or service products.
  • Hired and Non-Owned Auto: Typically covers liability only coverage arising from rented, leased, or employee-owned vehicles used for business purposes.
• Hired and Non-Owned Auto: Typically covers liability only coverage arising from rented, leased, or employee-owned vehicles used for business purposes.
• Products and Completed Operations: Protects against claims alleging injuries or property damage caused by defective products your business manufactures, distributes, or sells. It is essential for businesses that manufacture, distribute, or service products.
• Professional Liability Insurance (E&O): Protects against financial losses if you or an employee makes a mistake in their work or offers incorrect advice.
• Workers Compensation Insurance: A mandatory insurance program in most states that protects both employees and employer by providing medical care and wage replacement benefits to employees who are injured on the job. The most common additional coverages included are: Show More....
  • Employers Liability: This coverage protects your business if an employee sues you for a work-related injury or illness, alleging that your negligence contributed to their condition. It covers medical expenses, lost wages, and legal defense costs associated with such lawsuits.

Who needs short-term business insurance?

Several business types can benefit from short-term business insurance, particularly those that:

• Operate seasonally: Businesses with fluctuating activity levels, like landscaping companies or event planners, can get coverage just for their busy periods.
• Are project-based: Contractors, consultants, or freelancers working on specific projects can secure coverage for that project's duration only.
• Are just starting up: New businesses may not need a full year of coverage initially. Short-term insurance allows them to test the waters and upgrade later.
• Need occasional extra protection: Businesses with existing insurance may need additional coverage for specific events, like a pop-up shop or a demonstration.
• Rent out equipment: Short-term equipment rental companies can protect their inventory without a year-long commitment.

Benefits of Short-Term Coverage:

• Cost-Effectiveness: Pay only for the coverage you need, for the duration you need it.
• Flexibility: Ideal for startups, temporary projects, or seasonal businesses.
• Scalability: Easily adjust your coverage as your business grows or project requirements change.

Avoid the burden of unnecessary long-term contracts and unnecessary premiums. Our short-term insurance solutions provide the peace of mind of coverage when you need it most. Contact us today to discuss your specific business needs and obtain a free quote.