Commercial Insurance

Business owner’s policy: This is a combination of general liability and commercial property insurance in one plan. It is best for customer accidents, business property damage, and interruption coverage.
Professional liability: This is also known as errors and omissions coverage and keeps your business secured if you provide professional advice or services. It is best for late or incomplete work, professional negligence lawsuits, and work mistakes and oversights.
Cyber liability: This option covers your business's financial losses from cyberattacks and data breaches. If your business handles sensitive data such as credit card numbers, this is for you.
Umbrella: This gives your other policies an extra boost, including general liability, commercial auto, employer’s liability, and more once you have exhausted those policy limits.

One of the best ways to protect your business is by obtaining commercial insurance. We offer various options to safeguard your business here at J.C. Leap Agency Inc. in New Jersey. Our policies range from general liability to business owner’s policy. Our agents will help find you the most suitable policy for your business needs.

Commercial Insurance Requirements

All businesses in the state of New Jersey are required to obtain workers’ compensation insurance for all full-time and part-time employees. This policy helps in covering work-related injuries and illnesses.

Commercial auto insurance is also required in New Jersey for businesses that own vehicles. The minimum liability limits are required:

Bodily injury for $15,000 per person
Bodily injury for $30,000 per incident
Property damage liability $5,000
PIP protection $15,000