Commercial Business Insurance in Wooster, Ohio

Six types of business coverages we commonly talk about with our insureds

 

Commercial Auto:

This policy is typically the first step for a business owner when they surpass the eligibility for a personal auto policy. If the business is only using a vehicle to deliver products like pizza or gravel then this may be the only policy they need. Sometimes businesses can operate without a commercial auto under a business classification on a personal auto policy. Typically this business use classification is for people that run errands with their vehicle for work but don't do any delivery or hauling for the business using a private passenger type of vehicle. 

 

Commercial General Liability:

This is another policy that many times starts by the business owner's customers asking for proof of insurance. The business owner wants to know if they do something wrong and hurt someone or their property the insurance policy will pay on their behalf. This is reassuring to the business owner and their customer. Sometimes if they are being subcontracted for an ongoing relationship or even a one-time job the contractor will ask for a "Certificate Of Insurance" or COI. This is actually a requirement of the contactor's insurance company so they know they aren't on the hook for paying the subcontracted work that is being done. The COI is a snapshot of the insured's coverage on the date it is issued from the insured's agent to the contractor. These can also have many additional requirements to show specific endorsements on the insured's policy. This is when you really have to lean on your insurance agent to understand what coverages to add and the ramifications to your policy if there is a loss. 

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Commercial Property: 

If you own or rent a building for your business this is the policy you would use to insure it. Also if you use a building for business on your personal property and it's excluded under your home policy then you can insure it under this policy as well. If you rent the building for your business many times you are responsible to insure their "improvements and betterments". This is a very versatile policy that can be utilized to provide affordable coverage typically cheaper than scheduling property on an inland marine policy. 

 

Scheduled Property (Inland Marine):

If a business has any expensive equipment that isn't stationary it's likely insured here. The items can be covered under a blanket amount like hand tools for $1000 or specifically scheduled like a Graco FinshPro Airless Paint Sprayer for $3,000. Many ask why not blanket all your equipment and the simple answer is cost. In general, it's less expensive to schedule the higher value items that you will be keeping for a longer time. 

 

Another way we use this in our office is for those businesses that rent equipment. Typically when equipment is rented you are responsible for any damage or if it's stolen. Rented equipment is mainly only rented if it is expensive and cost-prohibitive to buy. So an easy solution is to add blanket coverage for all non-owned equipment up to a certain dollar limit you select. 

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Time Element Coverages:

When a business owner is looking for insurance this is the last type of coverage they think about. It can however be the most catastrophic loss to a business. When your business experiences a loss getting back to work can take extra capital and time. This coverage provides for additional expenses and loss of income. It's common for this to actually exceed the physical loss of the building or property. This is a highly customizable policy to your business whether it's seasonal business or high fixed expenses. We can talk with you to help you determine the right mix of coverage for your business.

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Business Owners Policy:

The Business Owners Policy is designed to provide small businesses like plumbers, painters, offices, restaurants, carpenters, and landscapers with a general package of coverages to fit those types of businesses. This gives small businesses an affordable option that is easy to select for a wide range of their needs. It also is much easier to purchase and maintain that policy with reduced reporting on the business owner's part. 

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Protecting Your Ohio Dream: Business Insurance That Grows with You

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When you ponder the future of your business, what do you think about it? Growth, success, and a lasting heritage are perhaps at the top of your agenda. However, in all that enthusiasm, have you ever paused to think about what would happen if things went south? This is where Ohio Business Insurance comes in handy. It serves as the buffer against any unforeseen occurrences that may knock off your dreams. At Oyer Insurance Agency, located in Wooster, Ohio, we understand the peculiarities of businesses operating within Ohio and focus on providing adequate coverage for their proper protection.

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Why Your Business Needs Insurance?​

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Running a business can be described as a roller coaster ride with highs and lows. Yet, one critical point often goes unnoticed amid the daily grind – insurance. Ohio Business Insurance is not only a legal obligation but also an insurance policy that secures your business during such times of crisis. Whether you are just starting out or established already, getting the best coverage will safeguard you from unanticipated happenings that could put your company in danger.

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Just take a moment and imagine that there was a fire that started in a warehouse or that a client sued you after making an error. Without adequate insurance, these issues can ruin your finances entirely. Thus, having Ohio Small Business Insurance does not mean being compliant only. It implies peace of mind, too. In fact, it helps keep going regardless of any challenges faced by the company.

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Extensive Protection Options

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Oyer Insurance Agency is here to help with many types of Ohio Commercial Insurance choices that are tailor-made for your requirements. Here are some main coverages:

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General Liability Insurance

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As long as you have solid business insurance coverage, this should always be its central part since it protects against claims arising from bodily injury, property destruction, advertising injuries, etc.

Commercial Auto Insurance​

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Commercial auto insurance is a must if your business uses vehicles, whether you own one delivery van or a fleet of trucks. It pays for an accident, theft, and damage to your vehicles, as well as liability for injuries or damage you have caused to others on the road.

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Workers' Compensation​

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Workers' compensation insurance is required in the state of Ohio for any business that has even a single employee within its ranks. This protection is beneficial to both you and your employees in the event that they sustain injuries or illnesses as a result of their employment. Not only is it important to fulfill statutory requirements, but it is also important to take care of your business growth partners.

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Business Owners Policy (BOP)

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Think of BOPs bundled together with essential protections that cover small-to-medium-sized businesses comprehensively. These include general liability, property insurance, and business interruption insurance in most cases. It is a cost-effective way to obtain complete coverage, especially for Ohio Small Business Insurance needs.

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Professional Liability Insurance​​

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This type of coverage is essential for businesses that focus on providing services. When customers claim that what they did was wrong, resulting in financial damages for them, they will be protected by professional liability insurance. This insurance will cover them through any of these circumstances.

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Cyber Insurance​

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Threats posed by cyberspace are a genuine concern for companies of any size in this age of digital technology. Policies of this kind protect against the negative impacts that can be caused by a variety of cyber-related concerns, including data breaches and hacking attacks.

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Why Choose Oyer Insurance Agency?

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By selecting Oyer Insurance Agency to handle your Small Business Insurance in Ohio, you aren’t just buying a policy; you are getting a partner. Here’s what differentiates us from the rest:

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• Local Expertise: As a family-owned business located in Wooster, no one else knows the Ohio business environment better than we do.

• Personalized Service: We spend time with you and learn about your business so that your insurance actually covers you adequately.

• Comprehensive Options: We have access to multiple insurance companies, which allows us to find competitive quotes from various carriers on your behalf.

• Ongoing Support: Your needs may change as your business grows, so our job is to keep reviewing and adjusting your policy terms accordingly.

• Claims Advocacy: If at any time you need assistance filing a claim, then we will always be there to show support on your behalf.

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The Oyer Insurance Agency Difference

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​​​​In 1980, when Marlin Oyer established this company, he had a goal of providing Ohio businesses with not just insurance but also the peace of mind that comes along with it. By combining years of knowledge with a forward-thinking approach to Ohio Commercial Insurance, Marlin and his son Trent are carrying on the legacy that they started for themselves.

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Our belief is that insurance cannot be applied in a uniform manner. As a result, we make an effort to comprehend what it is that you do, the direction in which you aim to go, and the degree of concern that you have regarding all of these difficulties. For those of you who are concerned about issues like liability, property damage, or cyber risks, we are able to provide you with listening capabilities and individualized solutions.

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Your Next Steps​

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Protecting your business doesn't have to be complicated or stressful. At Oyer Insurance Agency, we're committed to making the process of securing Ohio Business Insurance as smooth and straightforward as possible.

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​Ready to take the next step in safeguarding your Ohio business? Here's what you can do:

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• Give us a call: Let’s talk about your business and what insurance it needs. You can call us at (330) 345-5819,

• Schedule a consultation: We can either meet at our office located in Wooster or come to your premises as well.​

• Get a quote: You can get a tailor-made quote on Ohio Small Business Insurance that will work within your budget limits and cover all your requirements as well.
   

​​​Every day without proper insurance coverage puts your business at risk, so don’t wait for something unexpected to happen. Contact us today and let us help protect the hard-earned Ohio business you have built with our hands.

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​​​Oyer Insurance Agency is not just an insurer. We are also neighbors, advocates, and partners who share success with you. Why don’t we secure the future of your company while you focus on the growth of Ohio's dreams?​​​​​

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