Along with commercial property and workers compensation insurance, general liability insurance is a must have for most companies.

Liability insurance protects the assets of a business when it is sued for alleged injury or property damage. It is specifically designed to protect your business assets if your company is sued for something it did or didn't do that resulted in bodily injury or property damage to a third party. When businesses or commercial establishments purchase insurance to cover their liabilities, it is called commercial liability insurance.

Business insurance protects you and your business with coverage for claims related to allegations of negligent activities or failure to use reasonable care. When you buy insurance from us, you get exclusive access to the years of experience and expertise we have accumulated in the business insurance industry. You need business insurance specifically designed to address the risks associated with your type of business.

Directors & Officers

Coverage when a director or officer of a company commits a negligent act or omission, or misstatement or misleading statement, and a successful libel suit is brought against the company as a result. Usually a large deductible is required. The policy provides coverage for directors' and officers' liability exposure if they are sued as individuals. Coverage is also provided for the costs of defense such as legal fees and other court costs.

General Liability Insurance Coverage

We work with leading carriers to provide Commercial General Liability insurance and Workers Compensation insurance for your company. Check out our general liability insurance and property package policy that provides small business liability insurance as well as protection for your company's computers and other assets.

Professional Liability Insurance

Professional Liability insurance provides protection against claims that the policyholder becomes legally obligated to pay as a result of an error or omission in his professional work. Also known as Errors and Omissions insurance, this type of professional liability insurance is critical to your business. E&O insurance responds to claims of professional liability in the delivery of your technical services. Allow us to customize an errors and omissions insurance policy for you that is both affordable and effective.

Commercial Automobile/ Mobile Equipment

You can get quality commercial insurance services here. We have partnered with industry leaders to help you find the best rate for commercial auto insurance. Business auto insurance allows you to move your business forward. Whether you use vehicles to provide mobility for your employees, equipment or products, you cannot operate without comprehensive company car insurance. We understand that road conditions, weather and other drivers are out of your control.

Products Liability

Product liability insurance protects the business from claims related to the manufacture or sale of products, food, medicines or other goods to the public. It covers the manufacturer's or seller's liability for losses or injuries to a buyer, user or bystander caused by a defect or malfunction of the product, and, in some instances, a defective design or a failure to warn. When it is part of a commercial general liability policy, the coverage is sometimes called products-completed operations insurance. To understand the need for this coverage it is critical to understand the potential liability. Royal Palm Agency has in depth knowledge regarding the potential for products liability claims. We understand what you need and are here to guide you through protecting your company should any of these claims arise.

Business/Commercial Property

We can provide business property insurance that protects your business from a minor incident to a major financial loss. Whether you own your building, lease your workspace or work at home, we will protect your business’ physical assets. When disaster strikes your business, Our commercial property insurance policies are the ones to have for superior coverage: A fire could destroy your building and the contents inside, A burst water pipe could damage your documents, drawings or other valuable papers, A storm could damage your outdoor sign. That’s why business property insurance is one of the most important investments ensuring the future of your business. We even have you covered if you have commercial or rental building property to protect: Your building, • Your outdoor sign, Your furniture and equipment, Your inventory, Your fence and landscaping and Others’ property. We understand that your business is unique and constantly changing. We can tailor our commercial property insurance policy to fit your needs.

Builders Risk Insurance

Builders risk insurance is a property policy which indemnifies against damage to buildings while they are under construction. Builder's risk insurance is coverage that protects a person's or organization's insurable interest in materials, fixtures and/or equipment being used in the construction or renovation of a building or structure should those items sustain physical loss or damage from a covered cause. While on the job, serious setbacks such as having a fire break out or theft of materials could alter or destroy the project's timetable, which could cost money. This insurance provides a safety net if any of those events should occur. Whether your project is commercial or residential, builders risk insurance is protection worth investing in.

Workers Compensation Insurance

Workers' compensation insurance, sometimes called workman’s compensation insurance, workers’ liability insurance or workers’ comp insurance, covers your employees’ medical expenses and at least some portion of their lost wages if they are injured on the job.

Commercial Umbrella Liability Insurance

Umbrella liability insurance for small businesses, also known as excess liability insurance or commercial umbrella insurance, provides additional protection when your business exceeds insurance limits on an underlying policy. For a single premium, umbrella liability or excess liability policies add another layer of protection to any of several other policies that you might hold, including general liability, employer's liability, and hired and non-owned auto liability policies. For instance, if you have $1 million in general liability coverage and a covered claim is settled for $1.5 million, your small business’s umbrella liability insurance policy would pick up the additional amount. Excess liability insurance is generally the most affordable way to get higher policy limits on several other small business insurance policies. However, you should note that umbrella liability insurance does not extend the coverage limits on an errors and omissions or professional liability policy.