Business Insurance

Business Insurance Services

Binger Financial Services works only with A-rated insurance companies to provide a complete range of commercial insurance policies, including:

  • General liability Insurance
  • Professional liability Insurance
  • Workers’ compensation Insurance
  • Business Interruption Insurance
  • Commercial Property Insurance
  • Commercial Automotive Insurance
  • Umbrella Coverage
  • Insurance for Specialized Risks
  • Employment Practices Liability Insurance

Choosing Binger Financial Services As Your Commercial Insurance Agent Saves You Time & Money

The time has come for you to protect your commercial corporation from risks both seen and unseen. The best part is you don’t have to spend days shopping for insurance policies yourself. Binger Financial Services will represent you personally to top insurance providers and tailor your coverage to your corporation’s needs.

Selecting the right provider and navigating their complicated paperwork is no easy task. Binger Financial Services will walk you through the process and make sure that you receive the optimum insurance at the right price.

 

Get A Commercial Insurance Quote Today
You’ll receive fast, personal attention from your Binger Financial Services agent throughout the initial policy implementation process. Binger Financial Services will review all of your policies annually to make sure you’re still getting the best price and the best coverage available.

 

Liability Insurance

Many corporation owners assume that their liability is reduced because all of their operations are conducted in the name of their corporation. Would you bet your house, 401(k) and kids college fund on that theory? Don’t assume you’re protected through responsibility shifting gimmicks. Know that you’re protected through a liability insurance policy provided by Binger Financial Services.
Binger Financial Services works only with A-rated insurance companies to provide a complete range of business insurance policies, including but not limited to:

 

  • Crime / Financial Fidelity
  • Kidnap/Ransom & Extortion
  • Cyber Crime / Liability
  • Multinational Solutions
  • Directors & Officers Liability
  • Not-for-Profit Org. Solutions
  • Employment Practices Liability
  • Private Company Solutions
  • Errors & Omissions Liability
  • Program Business
  • Fiduciary Liability
  • Public Company Solutions

 

By calling Binger Financial Services you ensure that your policy can and will be customized to deal with the specific challenges that you might face. Make sure you protect your business, make sure you protect yourself and make sure you protect your family, call Binger Financial Services today.

 

Workers Compensation Insurance
In the state of Florida any non construction corporation with four or more full/part time employees must have workers compensation insurance. Any construction corporation with one or more employees must have workers compensation insurance as well. While the protection is a necessity it also provides a layer of protection to your corporation as well as your employees by covering disease, infection and death that is the result of an on-the-job injury.
It doesn’t matter how safe the environment is; accidents happen every day. Call Binger Financial Services to discuss your options and make sure you’re fully protected from issues beyond our control.

 

Employment Practices Liability Insurance

 

Business Interruption Insurance

 

Commercial Property Insurance

No business is immune to potentially devastating events that could damage or destroy a building or its contents. Whether you lease or own your commercial property, insurance is an absolute must. A fire could sweep through and destroy your livelihood in moments. A water pipe could burst and destroy vital documents and office furniture. A violent afternoon thunderstorm – or worse, a hurricane – could tear the roof off or shatter the windows of your commercial building. Your business needs protection, and Binger Financial Services is here to provide it.
How Binger Financial Services Can Protect Your Business With Commercial Property Insurance.
Commercial property insurance requirements can be complicated and vary from industry to industry, and no company can afford to take the chance of carrying insufficient insurance for business liability. The experienced agents from Binger Financial Services have the knowledge and expertise necessary to affordably and completely cover all your business insurance needs. We have worked with many different types of businesses in the surrounding communities.
Rather than spend hours on the phone or online, let Binger Financial Services do the legwork. As an independent agent, we’ll provide you with the best available quotes from A-rated companies to ensure protection Office buildings

 

  • Office buildings
  • Business parks
  • Home businesses
  • Rental properties
  • Farm, ranch or agricultural land
  • Churches
  • Condominiums

 

Commercial property insurance covers more than just your building. It also includes:

  • Outdoor Signs
  • Furniture and Equipment
  • Inventory
  • Fence and Landscaping

 

Your business insurance requirements routinely change from year to year, so your personal agent from Binger Financial will annually review your policy to make sure your coverage is up to date and you are still getting the best deal available. You can also contact Binger Financial Services for commercial vehicle insurance, workers comp insurance and all other types of insurance necessary for your business.

 

Commercial Vehicle Insurance

Commercial vehicle insurance is a necessity if you have employees who get behind the wheel on your behalf. The agents at Binger Financial Services have more than 25 years’ experience helping business owners protect their investments and their drivers in the financial services industry.

You’ve got a business to run! Commercial vehicle liability, medical payments, comprehensive coverage, collision, uninsured driver insurance, vandalism or storm damage to your fleet should not factor into your day to day concerns. Don’t spend your time shopping for commercial vehicle insurance and worrying about whether or not you’re making the right decision with the insurance provider you’ve chosen. Let Binger Financial Services handle the commercial insurance for you leaving you free to take care of the things that really matter.
Binger Financial Services is an independent agency that only works with A-rated companies capable of covering every type of commercial vehicle, including:
• Tow trucks
• Box trucks
• Dump trucks
• Commercial vans
• Taxi insurance
• Bus insurance
• Trucking insurance

 

You’ll receive fast, personal attention from your Binger Financial Services agent throughout the initial policy implementation process. As your business changes, your policy will change with it. Once your commercial vehicle policy in place Binger Financial Services will review your policy annually to make sure you’re still getting the best price and the best coverage available.

 

Umbrella Coverage

 

SPECIALIZED RISKS

 

Bonds
Federal, state and local governments require an incredible variety of surety bonds — from numerous license and permit bonds to ERISA bonds, court bonds, tax payment bonds, fidelity bonds, business bonds, broker bonds and many, many more.

With over twenty different companies to choose from, they are able to network individuals and businesses to the surety companies that best understand their industry and their particular bond needs.

  • Contract Bonds,
  • Court/Fidelity Bonds
  • Large Commercial Bonds
  • License/Permit Bonds
  • Private Equity Ownership Bonds
  • Technology/Software Bonds

 

Global Insurance

We provide coverage for domestic organizations with foreign exposures.

An increasing number of U.S.-based companies are expanding overseas. This growth brings new customers, new opportunities and of course new risks: An employee is injured while traveling abroad for business. A foreign manufacturer sues for a defective part your company supplied. Office equipment gets damaged in a fire at the European sales office. To make matters worse, most traditional business insurance policies stop short of providing adequate coverage abroad. Fortunately, Binger Financial Services, LLC, extends a full line of global insurance protection.
Trade Credit (Accounts Receivable Insurance)

 

Why Trade Credit Insurance?

Each time you grant credit to your customers, your company is exposed to the risk of non-payment. There is a greater chance that a business will experience a loss within its accounts receivable than any other asset. With an average of 40 percent of a company’s assets in the form of trade debts, accounts receivable are a critical component of your balance sheet, directly affecting cash flow and profitability. Yet while you insure your company against property loss, liability or other unpredictable, high-exposure events, you’re leaving one of your most valuable – and vulnerable – assets open to loss. Accounts receivable coverage through trade credit insurance offers a safer way to do business.

Trade credit insurance, also called accounts receivable insurance or trade credit risk insurance, is a financial tool that manages both commercial and political risks that are beyond a company’s control. It is protection against your customers’ failure to pay their trade debts. This can happen when your customer becomes insolvent or fails to pay within the agreed upon timeframe.

The essential value of credit insurance is that it provides not only peace of mind to the client, who can be assured that their trade is protected, but also valuable market intelligence on the financial viability of the client’s customers (buyers), and, in the case of buyers in foreign countries, on any trading risks peculiar to those countries . As well as providing an insurance policy that match the client’s patterns of business, we will establish the level of cover that can reasonably be afforded to the client for trade with each individual buyer, by analyzing the buyer’s financial status, profitability, liquidity, size, sector, payment behavior and location.

 

Cyber Liability

In today’s insurance market, Cyber Liability/Privacy & Security Insurance has evolved into a critical coverage to offer your clients.

  • Coverage for theft of personally identifiable non-public information in computer data and hard copy form and liability arising from failure       to comply with state breach-notice laws; and
  • Coverage for failure to comply with the insured’s privacy policies.

 

Event Insurance
Fall festivals… school functions… upcoming holiday celebrations. What’s cooking in your corner of the world when it comes to special events?

You can help cover your community. Binger Financial Services, LLC affords a market for a wide range of special events. We understand that quick quotation turnaround is mandatory in order to meet the specific needs of the special events marketplace and has team of underwriters dedicated solely to handling special events business.

  • Art Festivals
  • Auctions (Except at a private residence)
  • Band Competitions
  • Beauty Pageants
  • Concerts: Classical, Jazz, Country and Blues
  • County Fairs and Festivals
  • Craft Fairs / Garden Shows
  • Dance and Music Recitals
  • Dog and Cat Shows
  • Educational Seminars
  • Fashion Shows
  • Flower Shows
  • Fundraising Events / Social Gatherings / Social Club Events
  • Harvest Fest
  • Home Shows
  • Job Fairs
  • Parties: Banquets, Weddings, Anniversary, Graduation, Birthdays, Proms & Luncheons
  • Picnics and Pig Roasts
  • Religious Meetings or Church events
  • Reunions: Class & Family
  • Speaking Engagements
  • Soap Box Derbies
  • Sports Tournaments / Exhibitions (spectator liability only)
  • Theatrical Events and Musicals

 

Primary General Liability Limits of $1,000,000 per occurrence/$3,000,000 Aggregate

Umbrella Limits up to $10,000,000 available

(Copy of contract required for limit over $2M)

Also available for eligible accounts:

  • Liquor Liability
  • Hired and Non-Owned Auto
  • Inland Marine

 

Financial Institutions
Our bank-owned, banker-directed program has been supporting the banking industry for nearly 30 years
and is endorsed by the American Bankers Association.

Available Coverage

  • Directors and Officers Liability
  • Employment Practices Liability
  • Financial Institution Bond
  • Internet Bankers Liability
  • Property & Casualty
  • Privacy Liability
  • A-Side Plus®
  • Trust Services Liability
  • Bankers Professional Liability
  • Surety Bonds, including STAMP
  • Broad Form Company Liability,Property Insurance

 

Religious Institutions

Deciding on the right Insurance protection for your Florida church can seem complicated. There are a variety of potential risks that you must be aware of. Binger Financial Services is a licensed independent insurance broker with experience in helping Florida churches get the right policy for the right price.

Common inclusions on church insurance policies include Property Insurance, General Liability, Sexual Misconduct Liability, Directors & Officers Liability, and Theft

 

Property Coverage
Property coverage includes such items as your buildings, contents, signs, property in the open, and fences. Your policy will automatically include coverage for standard items, along with many non-standard items, such as the following:

  • Equipment breakdown, including computers, boilers, and electrical equipment.
  • Newly acquired, personal and off-premise property.
  • Pastor’s personal property.
  • Ordinance or law.
  • Stained glass windows.
  • Indirect loss.

Your church may also elect to add the following endorsements to your policy at a modest charge for even greater property protection:

  •  Crime coverage provides protection for losses resulting from theft, employee dishonesty, forgery and alteration.
  • Inland marine covers property that may be transported from one place to another, as well as unique types of property and possessions of artistic merit.

 

Liability Coverage
General Liability coverage protects the church against claims of bodily injury or property damage arising out of its premises or operations for which the church may be legally liable. It also protects the church against its liability for personal and advertising injury offenses, such as libel and slander. Medical expense coverage is also included, regardless of fault.
Cornerstone Plus includes General Liability protection against claims resulting from ministers’ spiritual counseling.
Those afforded General Liability protection include church members, employees, officials, staff, and volunteers acting on behalf of the church.

 

A wide variety of optional coverages are also available:

  • Non-owned and hired auto liability
  • Directors, officers and trustees officers liability
  • Employment practices liability
  • Sexual misconduct liability
  • Employee benefits liability

 

Flood Insurance

Flooding can occur anywhere at anytime of the year resulting from many different types of meteorological events, not just hurricanes.

The best financial protection from floods is with the purchase of a National Flood Insurance Program (NFIP) policy that is available either from the NFIP direct or a Write-Your-Own (WYO) company. The consumer can only obtain a flood policy through an insurance agent.

It is important for agents to recognize the need for flood insurance and offer this important coverage to all their clients; and for consumers to realize the risk potential that exists – regardless of the flood zone. IIABA started helping independent agents understand and write flood insurance at NFIP’s inception in 1968, and we continually seek to provide Power through Partnerships with access to top-notch insurance providers for markets In, Above & Outside of the NFIP!

 

Give us a call today at: 727-822-2719 to start the process!