Business Insurance

General liability insurance is a key priority for any business and should be reviewed regularly as your operations evolve to ensure proper protection and avoid gaps or duplicate coverage. It helps safeguard against claims involving bodily injury, property damage, and personal or advertising injury, while also providing a duty to defend, covering legal costs when a claim may fall within your policy. Whether you are a startup or an established company, working with experienced professionals can help identify risks, evaluate coverage needs, and ensure your policy aligns with your business goals. Coverage can be purchased on its own or as part of a Business Owners Policy, and additional protections such as cyber or professional liability may also be necessary. Foundation Insurance Services partners with you to assess your risks, strengthen your coverage, and support your long term success. 

With nearly 25 years of experience, we understand how a property loss can impact your business and work with top rated carriers to secure coverage tailored to your needs. Business property insurance is essential whether you own, lease, or operate from home, protecting your building, contents, and exterior features from risks like fire or theft. Our team helps determine the right level of coverage by evaluating factors such as property value, mobility of equipment, building ownership, flood exposure, and potential income loss due to business interruption. We also consider added protections like ordinance or law coverage to ensure your policy fully supports recovery after a loss. Foundation Insurance Services partners with you to assess your risks, strengthen your coverage, and provide a reliable foundation for your business to grow and recover with confidence. 

Whether your business owns vehicles or employees occasionally drive for work, having the right commercial auto coverage is essential to protect against liability and unexpected losses. Accidents that occur during business use, whether involving company vehicles, employee-owned cars, or rentals, can expose your business to significant financial risk. Commercial auto insurance provides protection for bodily injury, property damage, medical expenses, and incidents involving uninsured drivers, while also offering options like comprehensive and collision coverage for vehicle damage. Additional protections such as hired and non-owned auto coverage help ensure your business is covered across a variety of situations. Foundation Insurance Services works with you to evaluate your operations, identify potential exposures, and build a policy tailored to your needs so you can operate with confidence. 

In today’s litigious environment, businesses are often seen as having “deep pockets,” and even a single incident can lead to costly lawsuits that threaten financial stability. While primary liability policies provide essential protection, they may not always be enough in the event of a catastrophic claim. A commercial umbrella or excess policy offers an added layer of security by extending your liability limits once underlying coverage is exhausted, helping cover expenses such as medical costs, legal fees, and settlements. This additional protection is a cost effective way to safeguard your business against large scale losses, and Foundation Insurance Services can help determine the right level of coverage based on your unique risks and operations. 

Workers’ compensation insurance is required for most employers and provides coverage for medical expenses and partial wage replacement when an employee is injured or becomes ill due to work conditions. While it can be a significant cost for many businesses, factors such as claims history, safety practices, and loss control efforts play a major role in determining premiums. With the right strategy, many of these costs can be managed or reduced. Foundation Insurance Services works closely with your business to identify risk factors, improve workplace safety, review claims history for accuracy, and implement effective programs that help control expenses and lower workers’ compensation costs over time. 

Professionals such as accountants, consultants, designers, and advisors provide expertise that clients rely on, but even small errors or omissions can lead to significant financial loss and potential claims. Professional liability insurance, also known as errors and omissions coverage, protects your business if a client alleges that your services or advice caused them harm due to a mistake or failure to perform. These types of claims are not covered under general liability policies, making specialized coverage essential. Because policies vary by industry and include important considerations such as retroactive dates and reporting periods, it is critical to have the right structure in place. Foundation Insurance Services helps you navigate these complexities and secure coverage tailored to your profession and risk exposure. 

Employment Practices Liability Insurance (EPLI) protects businesses against claims from employees alleging violations of their legal rights, including issues such as harassment, discrimination, wrongful termination, and other workplace-related disputes. As employment-related lawsuits continue to rise, even small businesses face increasing exposure, and the cost of defending against claims can be significant regardless of the outcome. EPLI provides critical financial protection for legal expenses and potential settlements, helping safeguard your business from these risks. Foundation Insurance Services works with you to identify the right coverage and secure policies with strong terms tailored to your industry and workforce. 

Businesses of all sizes and industries face growing exposure to cyber threats, from data breaches and fraud to network disruptions and employee misuse of technology. Even companies that believe they have minimal risk can be vulnerable through everyday activities like processing payments or storing basic customer information. Cyber liability insurance helps protect against both direct and indirect losses, including legal claims, regulatory actions, notification costs, forensic investigations, and business interruption. As cyberattacks become more frequent and costly, having the right coverage in place is essential. Foundation Insurance Services works with you to assess your risk, explain your exposure, and secure a cyber liability policy tailored to your business and industry. 

 At Foundation Insurance Services, we specialize in working with contractors and construction trades including HVAC, plumbing, electrical, pool service, landscaping, tree services, janitorial, roofing, drywall, painting, and more. We help secure the right coverage and bonds for your business, whether you are obtaining your first bond or renewing an existing one. We represent multiple surety companies and can meet virtually any bond requirement. Common bonds we offer include bid bonds to guarantee a contractor will honor a project bid, performance bonds to ensure contract completion, payment bonds to protect against nonpayment to subcontractors and suppliers, supply bonds to guarantee delivery of materials, maintenance bonds to cover defects after project completion, and contractor license bonds required for legal operation at the state or local level. Foundation Insurance Services is here to help you identify and secure the right bonding solutions for your business and industry.