Welcome to Mid-America Specialty Markets

• Workers Compensation Insurance - Our insurance carriers offer competitive rates for your workers compensation exposures. Workers compensation coverage provides protection for injured workers as required under the laws of your state in addition with separate employers liability coverage.
  
  
• General Liability Insurance - Insurance coverage designed to protect businesses from a wide variety of liability exposures. Coverage may include bodily injury and property damage, products and completed operations, personal and advertising injury, contractural liability and defense costs arising out of accidents caused by your business operations.
  
  
• Equipment & Tools Insurance - Since equipment and tools can represent a substantial investment to certain types of businesses it is very important to secure the proper coverage for this exposure to loss. Special insurance coverage for equipment and tools can be provided on inland marine policy forms. Many of our insurance carriers provide this coverage within package policies for a business owners convenience and protection.
  
  
• Business Auto Insurance - Perhaps one of the largest potential unknown areas of loss to a business is the business auto accident. While certain aspects of exposure to loss can be easily identified, such as the physical value of a business vehicle to loss, the unknown liability for bodily injury or property damage from an auto accident cannot be known until after the loss has occurred. This coverage is designed to provide protection for your business while operating automobiles. Coverage may include liability for owned, non-owned and even hired vehicles. Of course physical damage coverage for your vehicle may also be provided.
  
  
• Builders Risk - Builders risk insurance provides coverage for buildings that are under construction. The construction can be new, a remodel, or repair. Coverage includes materials at the work site before they are installed, any materials intended for the work site that are in transit and the value of the new, remodeled, or repaired property being built until it's completed and the owner accepts the work. Once a project is completed the builders risk policy will be replaced by a property policy. Provisions in most builders risk policies indicate the builders risk policy coverage ends when the property is either completed or occupied. Those who should seriously consider purchasing builders risk insurance include general contractors, subcontractors, home builders, real estate developers, and individual building owners.
  
  
• Property Insurance - Buildings, business personal property (your contents,) personal property of others, loss of earnings, loss of rents and business interruption are just a few items that fall under the general term of property insurance. Property coverage is generally available on basic, broad or special coverage forms with many other options and deductibles. Whether you own, rent or maybe just required to provide coverage in a contract, there is property insurance coverage to meet most every need.
  
  
• Umbrella Liability - An insurance policy basically designed to provide high limit coverage in excess of the limits of the primary liability policies. The umbrella or excess liability policy is the most economical method for providing high limits as may be required by a business either to protect business assets or as may be required under contract.
  
  
• Bonds - A performance bond is a surety bond issued by an insurance company to guarantee satisfactory completion of a project by a contractor. For example, a contractor may cause a performance bond to be issued in favor of a client for whom the contractor is constructing a building. If the contractor fails to construct the building according to the specifications laid out by the contract (most often due to the bankruptcy of the contractor), the client is guaranteed compensation for any monetary loss up to the amount of the performance bond. Performance bonds are commonly used in the development of real property, where an owner or investor may require the developer to assure that contractors or project managers procure such bonds in order to guarantee that the value of the work will not be lost in the case of an unfortunate event (such as insolvency of the contractor).
  
  
• Directors & Officers Liability Insurance - Directors and Officers Liability Insurance is insurance payable to the directors and officers of a company to cover damages or defense costs in the event they are sued for wrongful acts while they were with that company. Typical sources of claims include shareholders, shareholder-derivative actions, customers, regulators, competitors (for anti-trust or unfair trade practice allegations). Known as D & O, this insurance is usually purchased by the company itself, even when it is for the sole benefit of directors and officers. Reasons for doing so are many, but commonly would assist a company in attracting and retaining directors.
  
  
• Professional Liability Insurance - Coverage for specialists in various professional fields. Since basic liability policies do not provide coverage for situations arising out of professional pursuits, professional liability insurance must be purchased. This coverage generally provides defense and award costs from improper professional practices and errors and omissions.
  
  
• Employment Practices Liability - A coverage designed to provide defense costs and liability due to allegations of improper employment practices. Normally including sexual harassment and employment discrimination.
  
  

Some Helpful Information for You....

Here's a website sponsored by the Insurance Information Institute where you may find helpful information on insuring your business. Just click on the link to visit the site, it will open a new window in your browser. Simply close that window to return to our website.

Insuring Your Business: A Businessowners' Guide to Insurance