Business owners face a variety of unique risks. For that reason, they have a lot to consider when choosing insurance that fully protects their business. We can help take the guesswork out of the process.

In business, experience counts. That’s why so many area companies choose to work with Anderson Insurance Agency. Expert in the full range of coverage options across a diverse range of industries, we match the policy to your needs – while protecting your bottom line with very competitive rates. We also bring to the table deep experience with coastal coverage, cutting through the red tape to secure policies that protect shore-area businesses. Contact us to learn more about our business insurance services.

Business insurance is written for businesses instead of individuals (for which the term personal lines applies). The types of coverage and policies necessary to provide business insurance can only be determined after consulting with a licensed and trained insurance professional.

Builders risk insurance is a special form of insurance written to cover the unique loss exposure presented by buildings under construction. The policy provides fire and property hazard coverage often beyond that which can be found under the common commercial property forms. Builders risk insurance cannot provide other coverage (liability, workers compensation, flood, etc.) needed for those who are erecting buildings. Separate coverage must be written to provide the full spectrum of insurance protection that a builder needs during construction.

When buying builders risk insurance, the insured must purchase coverage in an amount equal to the final and full replacement value of the structure. Note that most carriers will not issue a policy after construction has started, which is why it is imperative that coverage be secured before your project breaks ground.

Business automobile insurance is designed to provide protection for commercial vehicles other than private passenger cars. While cars can be added to the business automobile insurance policy, your agent must guide you through the maze of options and limitations that apply. Available coverage includes liability, comprehensive, collision, medical payments, uninsured motorist, and more than a dozen other options. Not all business auto policies are the same. Careful consideration must be given to securing the correct coverage for your specific needs.

Business interruption insurance pays for loss of earnings or income when business operations are interrupted, curtailed, or suspended due to a covered property loss. The types of losses covered are usually defined in the commercial property form (fire and hazard), as this coverage is commonly written as an endorsement, or rider, to that policy. Business interruption coverage generally includes loss of rents and rental value. Extra expenses incurred to continue operations at another location are also usually covered, as long as they reduce the total amount of loss.

Business liability insurance will defend you and pay judgments against you if you are found legally liable for bodily injury or property damage caused by your business operations. This is a very broad policy, and therefore must contain many exclusions. Most of the exclusions are necessary as other policy types are needed to satisfy a more specific insurance need such as automobile, watercraft, workers compensation, aircraft or mobile equipment to name a few.

One of the most significant exclusions in a commercial general liability policy is damage to your product. While the policy covers the property of others, it does not cover loss or damage to anything you have built. The liability portion of personal types of policies specifically excludes coverage for any business operations, hence the need for specific business liability insurance. Sound confusing? It can be. That’s why you should speak with an experienced professional who can help you craft a policy that meets your specific needs.

Commercial property insurance provides coverage for real and personal property used by a business. This policy is often referred to as a fire and hazard policy, but covers much more than the name implies.

Coverage is available in several levels of protection, ranging from the least expensive covering the fewest types of events to the “special” form, which provides the broadest coverage. Commercial property insurance does not provide automatic extensions of coverages like those found on personal policies (contents, garages, loss of income, tools, etc.). Because of this, you should work with an experienced business insurance agent who will take the time to thoroughly understand your business and present the best options for your needs.

This form of insurance covers an employer against claims made against him by employees caused by a negligent act, error or omission in the administration of the insured’s employee benefit programs. Typical losses arising from providing incorrect advice concerning an employee’s pension plan or failure to enroll employees under a benefit program such as health, live, dental, or vision insurance plans offered by the employer are covered under this insurance.

A separate policy or endorsement to the commercial package policy to cover losses caused by employee dishonesty. It can cover the loss of money, check forgery, or goods. Without this extension of coverage, theft or dishonest acts of employees are not covered.

Coverage is available for legal costs to defend claims involving sexual harassment, wrongful termination and discrimination including legal liability for such acts.

ESSENTIAL PROTECTION FOR COASTAL NEW JERSEYANS
Hurricane Sandy reminded New Jerseyans of how vulnerable our coast is to catastrophic flooding. Headquartered in Manahawkin, NJ for nearly 50 years, Anderson Insurance Agency has seen first-hand the importance of residential and commercial flood insurance in New Jersey’s coastal communities.

WHY YOU NEED FLOOD INSURANCE
Flooding is the number one natural disaster in the U.S., and the average flood loss is $38,000. Even if flooding might seem unlikely in your area, you are still susceptible, as 25 percent of flood insurance claims come from areas that aren’t in high-risk flood zones.

Flood coverage protects against damage caused by the rising or overflowing of bodies of water, rapid accumulation of rainwater, water backup from storm drains, and mudslides. These types of losses are seldom, if ever, covered by a traditional property insurance policy.

HOW FLOOD INSURANCE WORKS
Flood insurance policies come from the National Flood Insurance Program (a division of FEMA). While a standard insurance company issues the policy, the government regulates the actual rules, rates and claims, limiting the amount of coverage available for any one building and its contents. Excess limits are available from specialty insurance companies.

TRUSTED FLOOD INSURANCE EXPERTS
Anderson Insurance Agency is one of the largest writers of flood insurance in the country, often even consulted by other insurance agencies for our expertise and track record. We have been writing flood insurance policies for more than 40 years, representing many of the most competitive insurers specializing in flood coverage.

Recent changes made by FEMA to the National Flood Insurance Program mean that premiums are rising and will continue to rise. This has sparked some competition and now there are insurance companies beginning to offer (or soon to offer) flood insurance outside of the National Flood insurance program. Most have lower premiums and offer equivalent of better coverage. Our office represents several carriers that offer this alternative. Usually these alternative companies only offer coverage for newer elevated buildings. Call us for details and a quick no-obligation quote.

We’re here to help protect your property and belongings from big storms, flash floods, and unexpected water damage. Calculate your potential flood losses using the tool below, or request a free flood insurance quote.

You may be surprised to learn that your homeowners insurance does not provide the liability or property protection you need to protect your assets.

Learn More

This is the insurance of property (generally on an “all-risk” [special form] basis) that is in the course of transportation or is of such a nature that it may easily be transported. Also includes some risks at fixed locations considered “instruments of transportation or communication,” such as bridges, tunnels, neon signs, and street clocks, etc. The term “inland marine” originally meant the insurance of goods in transit “inland” instead of at sea.

Our seasoned marine department will gladly provide an inland marine insurance quote or commercial marine insurance quote that’s sure to meet your needs. In fact, we’ve been at the helm of the inland marine insurance industry for nearly 40 years, so you can count on our extensive knowledge and expertise to get you the seaworthy coverage you need.

Contact the professionals at Anderson Insurance Agency for the most comprehensive, cost-effective personal and inland marine insurance in the area. We’re available seven days a week at one of two convenient locations: Manahawkin, 800-444-8507 or Long Beach Island, 800-999-1944 or click here for more information or to request a quote.

You’ve come to the perfect place to help insure your private pleasure vessel. There is simply no better place than New Jersey to set sail and enjoy all the rivers, bays, lagoons and seas the state has to offer. When you need a marine insurance quote whether for inland marine insurance, commercial marine insurance or personal marine insurance you’ve navigated to the right place: Anderson Insurance Agency. Comprised of boating enthusiasts, our firm devotes an entire department to the needs of the marine community, offering specialty insurance programs for dock builders, marinas, boat dealers, yacht clubs, mobile marine technicians and more.

Be sure to get unsinkable personal marine insurance from one of the premier marine and NJ business insurance agencies in the area.

Commercial marine insurance is written for businesses rather than individuals, and involves many complexities that are best left to a coastal insurance agency like Anderson to navigate the nuances. The type of coverage and policies necessary to protect a commercial marine operator can only be determined after consulting with a licensed and trained insurance professional. At Anderson Insurance Agency, we have one of the few true marine insurance departments in New Jersey offering insurance programs for marinas, marine contractors, boat dealers, bulkhead and dock builders and yacht clubs.

If you own a boat, run a boat-rental business or operate a boat dealership, you’ll find safe harbor with Anderson Insurance Agency, one of the most respected personal and commercial marine insurance agencies in the area. Need another type of marine insurance policy? We’ve got you covered.

Our wide variety of marine and boat insurance coverage includes:

• Boat Building
• Fishing/Head Boats
• Boat Dealerships
• Marinas and Boat Yards
• Boat Detailing
• Marinas/Restaurants
• Boat Repairs
• Maritime Museums
• Boat/Jet-Ski Rentals
• Mobile Boat Repair
• Canvas Repair
• Private Pleasure Yachts
• Electronic Repair/Installation
• Yacht Clubs
• Fiberglass Repair

When you work with Anderson Insurance Agency, you’re dealing with experts who understand your needs and concerns as a boat owner or marine professional not with brokers who don’t know their bow from their stern! With our commitment to easy, hassle-free service, you’ll find the insurance-buying process to be smooth sailing from start to finish.

This coverage will pay the cost of medical care to an injured person regardless of negligence or liability. This coverage is usually an extension of coverage found in general liability and automobile policies. Coverage is not available to the insured or residents, and only to members of the public at large. One of the purposes of this limited coverage is to quickly take care of smaller medical bills of injured people so that they do not have to sue you in order to get their medical expenses paid. Larger claims are subject to negligence and if you are negligent, your full limit of coverage purchased under the general liability policy would be available.

This is a ny policy that combines property and casualty into one insurance policy. Common names for these policies include: Business Owners Policy (BOP), Commercial Package Policy (CPP), and Master Insurance Policy (MIP). Other policy types that include property and casualty coverage in one policy include: Automobile Insurance, Yacht, and Motorcycle Insurance Policies.

This is a form of liability insurance protecting policyholders for claims in excess of the limits of their primary policies. This form is sometimes referred to as a commercial umbrella liability policy. The term umbrella comes from the fact that this policy provides coverage over your other commercial liability policies. The purpose of this type of policy is to provide higher limits of insurance at the lowest possible cost. Commercial umbrella policies can be cheaper than purchasing higher limits on your primary liability policies as these policies use the primary policies as deductibles. These forms are not standardized, unlike many coverage forms in the insurance industry. Because of this fact, you need an agent who takes the time to thoroughly understand your business and then offer a policy that is right for you.

This is an insurance policy which provides benefits to employees for any injury or contracted disease arising out of and arising from employment. All states have laws which require such protection for workers and prescribe the length and amount of benefits provided. Not all workers compensation insurance companies are the same. Many agents advise their customers that “all workers compensation is the same”. This certainly isn’t true in New Jersey.

This definition is an abbreviated description of the coverage provided by this type of insurance policy. The actual policy consists of multiple pages and contains many terms and conditions.

At this time, we only offer insurance to businesses that are domiciled in New Jersey.