Business Insurance 

The first step in successfully purchasing business insurance to protect your business is to meet with your insurance professional. That is where Reliable Insurance Solutions comes in. We will take the time to outline and discuss policy options for Commercial Property, General Liability, Business Auto, Workers’ Compensation, Umbrella Liability and Bonds, if needed, and allow you to choose the coverage that is best for your Lafayette business. Whether you have a single business location or multiple locations we will strive to give you the best coverage and exceptional service you deserve from your local independent insurance agent.


 

Business Auto Insurance

Loss or damage to vehicles used by your business are insured under a business auto policy.  It also insures damage caused to others by vehicles used by the business. A business auto policy performs in the same manner as a personal auto policy. Liability is included to pay the claims for injury sustained to a third-party in an accident as well as providing coverage, if selected, to repair a covered vehicle damaged in an accident. Other coverage is available with a Business Auto policy and should be discussed with an agent at Reliable Insurance Solutions.

Your company autos are rolling billboards! When you're in an accident your exposure is significantly higher since society and the court system holds businesses to a higher standard. Make sure you have the right coverage: call Reliable Insurance Solutions today. We serve Lafayette, West Lafayette, Tipecanoe County, and surrounding Indiana areas.

Great Rates. Great Service. Simply a Great Value. Reliable Insurance, your local independent insurance agency.

We are the business insurance experts. What we know could save you money and get you better coverage. We are your insurance advocate.

Business Continuation Planning

Do you have a plan in place if your business is struck by a fire, tornado, or technological disaster? In addition to ensuring the health and safety of all personnel, having a well thought out business continuation plan in place before a disaster strikes could mean the difference between your business’s survival and failure. 

The main objective of having a business continuation plan in place is to minimize interruptions of the business and enable it to continue to provide its products and services while minimizing financial loss. This includes being able to resume the critical business operations within a specified period of time after a disaster. Reliable Insurance Solutions will help you decide which policy enhancements will afford you the coverage that suits your individual needs.

 We are the business insurance experts. What we know could save you money and get you better coverage. We are your local Lafayette insurance advocate.

Buy-Sell Life Insurance

Buy-sell life insurance is a prudent business option especially if you are involved in a partnership. If one of the partners dies or becomes disabled and unable to perform their duties for the business to run, this type of insurance would provide the surviving partner or partners with the money necessary to buy the deceased or disabled partner’s share of the business.

Though there is no plan that will meet every situation that a business owner may encounter, talk with the professionals at Reliable Insurance Solutions to get the business insurance that will best suit you.

 We are the business insurance experts. What we know could save you money and get you better coverage. We are your local Lafayette, Indiana insurance advocate.

Commercial General Liability Insurance

A General Liability policy protects your business in the event it is sued or held legally liable by a third party due to a mistake or loss made by your company. At Reliable Insurance Solutions we assist you in identifying the risks that your business faces and together develop a plan to limit those risks. General Liability insurance covers the risk that is unable to be eliminated.

As with Commercial property insurance, the General liability policy may be packaged to include both property insurance and liability insurance if the business qualifies. For local Lafayette businesses, this policy could be particularly important to prevent one mistake from destroying years of hard work.

Great Rates. Great Service. Simply a Great Value. Reliable Insurance Solutions, your local independent insurance agency.

We are the business insurance experts. What we know could save you money and get you better coverage. We are your insurance advocate.

Commercial Property Insurance

Commercial property insurance protects your building location and business property from loss or damage as specified in the policy contract. The premium is determined by the types of loss you elect the policy to cover; the more broad the coverage, the higher the premium. Commercial property can sometimes be “packaged” together with other coverage. However, because of certain unusually high risk businesses this option may not be available. 

 We are the business insurance experts. What we know could save you money and get you better coverage. We specialize in insurance for Lafayette and West Lafayette businesses. Reliable Insurance Solutions will work to provide an exceptional solution to your unique business need.

Great Rates. Great Service. Simply a Great Value. Reliable Insurance Solutions, your local independent insurance agency.

Commercial Umbrella Insurance

Commercial Umbrella liability insurance provides additional coverage when the limits of your underlying Business Auto coverage parts, General Liability, and the Employer’s Liability portion of a Workers’ Compensation policy are not enough. Coverage is afforded in $1,000,000 increments. When purchasing an Umbrella policy, the assets of the business should be a consideration for determination of limit of liability. Reliable Insurance Solutions will provide optional limits of liability along with the difference in premium that will help you make a better coverage decision.

We are the business insurance experts. What we know could save you money and get you better coverage. We are your insurance advocate. Call us today.

Great Rates. Great Service. Simply a Great Value. Reliable Insurance Solutions, your local independent insurance agency.

Disability Insurance

A business owner needs to be prepared for unexpected illness or accident resulting in the disability of the owner or partner. Disability insurance is designed to replace a percentage of your income in the event of an accident or illness. Most people think that it will never happen to them. Before you consider that option, think again. Severe disabilities from the ages of 17 to 44 have increased 400 percent over the past 25 years according to the Disability Management Sourcebook. Before the age of 65, one in seven people will become disabled for five years or more.

Let Reliable Insurance Solutions assist you with obtaining the coverage you need to help avoid the financial burden your Lafayette or West Lafayette business would encounter in the case of your partial or complete disability.

Great Rates. Great Service. Simply a Great Value. Reliable Insurance Solutions, your local independent insurance agency.

Key Man Insurance (Key Person Insurance)

The sudden death or disability of a key business owner or employee could leave a company’s operation severely handicapped. A “Key Person” insurance policy would name the business as beneficiary in the event of a particular key employee’s death or disability. Should a person that is so important to the operation of the business die or become disabled, the policy would pay the business so that the loss of the key employee would not destroy or hinder the operation of the business.

Contact Reliable Insurance Solutions to discuss options that will help protect your business continuity with “Key Person” insurance. We want to be a resource for all of your business insurance needs.

Great Rates. Great Service. Simply a Great Value. Reliable Insurance Solutions, your local independent insurance agency.

Surety Bonds

A Surety Bond is a written agreement indemnifying another guaranteed by the surety company should the principal who is bonded fail to perform specified acts within a stated period of time. There are different types of Surety Bonds that may be required before a business is hired to do work for another entity. Bid bonds, Performance bonds, and License and Permit bonds are just a few of those available. A surety company looks at a business’ financial statement, prior job history, the type of work, and how long the business has been in operation to determine what surety limits are applicable.

Whatever bond you require, Reliable Insurance Solutions is here for all your insurance needs.

Great Rates. Great Service. Simply a Great Value. Reliable Insurance Solutions, your local independent insurance agency.

Workers Compensation Insurance

Workers’ Compensation insurance is mandated by state law which differs from state to state with certain exceptions that apply to the law. You, as an employer, are responsible for the injuries that occur to your employees on the job. The insurance industry develops claim experience for each particular business that consists of a historical set of data that statistically predicts the number of injuries that are likely to occur within a business classification. A business that has less chance of injury has lower insurance premiums. Reliable Insurance Solutions will discuss other aspects of the workers’ compensation policy applicable to you as an employer, and make sure you have the correct policy to comply with Indiana laws.

We are the business insurance experts. What we know could save you money and get you better coverage. We are your insurance advocate. Call us today.

Great Rates. Great Service. Simply a Great Value. Reliable Insurance Solutions, your local independent insurance agency.

Insurance Products and Services for Lumber and Wood Products Industry

Kurt Watt has worked in the forest products and building material dealer insurance industry since 1998. He has worked with over 300 lumber related businesses in Kentucky, Ohio, Indiana, and Illinois. Kurt has worked with loggers, saw mills, pallet manufacturers, dimensional mills, cabinet manufacturers, other secondary manufacturers, and retail building material dealers. He is knowledgeable of the lumber industry and understands the risks and exposures unique to wood products manufacturing and lumber retail. He will take the time to understand, diagnose your exposures, and develop an insurance and risk management program tailored to your business.

Kurt Watt is also an active member of the IHLA (Indiana Hardwood Lumbermen's Association).

Because of his expertise in insurance programs for wood product businesses, Kurt has developed strong relationships with specialty insurance carriers that serve those businesses.  These partnerships provide the most comprehensive and stable insurance programs available. This three-way partnership (client, agent, carrier) provides for a true win-win-win situation.

We are the business insurance experts. What we know could save you money and get you better coverage. We are your insurance advocate. Call us today. Great Rates. Great Service. Simply a Great Value. Reliable Insurance Solutions, your local independent insurance agency.

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