Coverage for Specific Industries

Coverage for Specific Industries in Virginia

 

SPECIFIC INDUSTRIES

Specialized Protection for your Industry

Jenkins Insurance & Financial Services, Inc. provides industry-specific insurance to businesses in Harrisonburg, Rockingham, Bridgewater, Elkton, Broadway, Staunton, and surrounding areas.

Every industry has specific needs when it comes to insurance. Industry-specific risks make it impossible for insurance companies to lump together one insurance plan for every business. At Jenkins Insurance & Financial Services, Inc., we understand that being unique is what makes your business successful across the board. That’s why we provide industry-specific insurance options for businesses of all types.

Check out the multitude of industries we cover at Jenkins Insurance & Financial Services, Inc.:

Accounting Office Insurance

Insurance Options Catered to Your Business.

Jenkins Insurance & Financial Services, Inc. provides insurance to accounting offices in Harrisonburg, Rockingham, Bridgewater, Elkton, Broadway, Staunton, and surrounding areas.

We know you’ve worked hard to build a good reputation for your business. As your insurance partner, we are putting the same amount of effort to provide you specialized protection meant to cater your specific needs.

Not only will we give you adequate protection for your building but all the properties that help you accomplish your daily responsibilities as well. We cover computers, electronics, and office furniture.

As technology is advancing, your protection should be too! We also provide cyber liability and privacy insurance. Talk to us today!

Builders Risk Insurance

What is Builder’s Risk Insurance?

 

Existing buildings are exposed to a wide variety of threats—fire, flooding, and vandalism are just a few of the ways building structures can be harmed. However, buildings under construction aren’t ready to face risks that completed buildings can withstand. There’s also the chance of an accident during the construction phase, like materials being destroyed or installed incorrectly. A proper risk analysis from our Jenkins Insurance & Financial Services, Inc. agents can help reduce the number of threats a new construction faces, and our agents can help reveal additional threats that may need to be covered by additional policies.

Builder’s risk insurance is a policy designed to mitigate the chance of loss and protect you in the event that damage is done to the building. This policy is most commonly purchased by landowners and those funding the project, although some contractors purchase it in order to have more control over how each job is insured.

This policy is mainly designed for new construction, rather than changes and improvements to existing buildings. That form of construction is usually covered by property insurance and does not need any additional coverage, although it’s best to talk with an agent before starting any particularly large project just to be absolutely sure it’s covered.

What Does Builder’s Risk Insurance Cover? What Does It Not Cover?

Builder’s Risk Insurance generally covers the owner, the lending institution, the contractor(s) performing the work, and other related parties. In addition to providing coverage for damage to the building itself, most plans also cover temporary constructs (like scaffolding), materials, and equipment being used (whether it’s currently on-site or off-site). The majority of policies are written on an all-perils basis, which means that reimbursements are available for any losses except those specifically excluded.

Common exclusions from this coverage include (but are not limited to):

  • The value of the land itself
  • Employee theft
  • Damages beyond the estimated value of the construction
  • Any losses brought by law or ordinance changes
  • Damage from earthquakes
  • Losses from war, nuclear hazards, or actions by civil authority

As you can see, most of the exclusions are not likely to occur during the course of a normal construction project. The value of the land is the only one likely to change as new work is done, and you will likely need to account for any improvements or losses the next time your company prepares taxes.

Builder’s Risk Insurance Policy Lengths

Most policies last until the building is no longer under construction. The exact point at which this occurs can vary—it may be when certain parts of the structure are done (but finishing work, like painting, has not been completed), up to the day it opens for business, or when the contract with the construction company ends. If you’re worried about interim risks—like the building being damaged between when construction finishes and when it opens for business—talk to one of our agents and ask about extending your coverage.

1. “Threat/Vulnerability Assessments and Risk Analysis.” WBDG. Accessed April 20, 2016. https://www.wbdg.org/resources/riskanalysis.php.

2. “Who Should Buy Builder’s Risk Insurance?” BuildingAdvisor. Accessed April 20, 2016. http://buildingadvisor.com/who-should-buy-builders-risk-insurance/.

3. “How Do I Account for Land improvements?” Questions & Answers – AccountingTools. Accessed April 20, 2016. http://www.accountingtools.com/questions-and-answers/how-do-i-account-for-land-improvements.html.

 

Construction Insurance

Construction Insurance in Harrisonburg VA & Rockingham VA

 

Construct a Protection Plan for your Business

Jenkins Insurance & Financial Services, Inc. provides insurance to construction businesses in Harrisonburg, Rockingham, Bridgewater, Elkton, Broadway, Staunton, and surrounding areas.

Just like any other business, your construction business needs core insurance offerings to go along with industry-specific coverage. Expensive equipment and tools, and possible injury should be taken into account when thinking about what type of coverage may be necessary in the construction industry.

Jenkins Insurance & Financial Services, Inc. coverage options for construction businesses include:

  • Liability insurance
  • Property insurance
  • Business vehicle insurance
  • Workers’ compensation
  • And much more… 

Contact an insurance specialist at Jenkins Insurance & Financial Services, Inc. today to go over these options and many more!

 

Contractors Insurance

Contractors Insurance in Harrisonburg VA & Rockingham VA

 

Contractors get the job done—but take on a lot of risk while doing it. The Bureau of Labor Statistics reports that about 4% of all workers in the industry suffer injuries or illnesses—and the resulting costs add up. This is compounded by the many other problems that can occur at a given work site. Due to the many risk factors contractors routinely face in their work, good insurance policies become essential to any successful contractor’s operation.

You should also consider how you’re going to run your business. For example, running it as a Limited Liability Company (LLC) can help insulate you from cost overruns and avoid putting your personal assets at risk if a claim larger than your policy is filed. Our agents can help you determine the likelihood of hazardous situations to your business and how best to prepare for them.

What a Contractors Insurance Package Covers

Contractor’s insurance covers problems typically associated with the risks of construction and renovation projects, including risks to your employees, your work site, and anyone or any equipment involved. Most of these policies are a combination of other policies, often including:

  • A Business Owner’s Policy
  • General Liability Insurance
  • Worker’s Compensation
  • Commercial Vehicle Insurance

From there, what coverage is needed depends on the work that you do. Contractors in different industries often have different insurance needs (and occasionally different requirements, depending on local legislation). Jenkins Insurance & Financial Services, Inc. can help you determine which forms of insurance are required for your company and ensure that you’re never left exposed.

Contractors Equipment Insurance

Getting a job done takes more than human expertise and a keen eye for detail—you need to have the right tools for the job, or it’s probably not going to be finished. However, if something goes wrong and your equipment is damaged or destroyed, you stand to lose a lot of money. This is particularly true if your company operates any larger pieces of equipment (bulldozers, etc.), which are sometimes omitted from normal coverage.

Jenkins Insurance & Financial Services, Inc.’s goal is to mitigate your risks as much as possible, and the more we know about your equipment, the better the policy we can offer. On request, we can let you know about how certain pieces of equipment are classified, the associated level of risk, and what kind of reimbursements you can expect if something goes wrong.

Contractor Vehicle Insurance

If you’re one of the growing number of contractors who use vehicles during a job—not just to get to and from a worksite—then you may need an additional commercial vehicle policy that covers the vehicle(s) you use.

If you don’t use your vehicle for commercial purposes, you may be able to lower your monthly premiums by having this coverage removed from your policy. The choice is ultimately yours, but if you’re having trouble deciding, our agents can help you figure out whether or not your use of a given vehicle qualifies as a commercial purpose.

1. “About the Specialty Trade Contractors Subsector.” U.S. Bureau of Labor Statistics. Accessed April 20, 2016. http://www.bls.gov/iag/tgs/iag238.htm.

2. “Sole Proprietorships vs. LLCs.” Nolo.com. Accessed April 28, 2016. http://www.nolo.com/legal-encyclopedia/sole-proprietorships-vs-llcs.html.

3. Utschig, LeRoy. “Contractor’s Equipment.” Rough Notes. Accessed April 20, 2016. http://www.roughnotes.com/rnmagazine/1997/sept97/09p98.htm.

 

Craft & Microbrewery Insurance

Craft Brewery Insurance in Harrisonburg VA & Rockingham VA

 

Specially Crafted Insurance Plans for your Brewery

Jenkins Insurance & Financial Services, Inc. provides insurance to Craft Breweries in Harrisonburg, Rockingham, Bridgewater, Elkton, Broadway, Staunton, and surrounding areas.

Craft breweries face a unique set of challenges when it comes to insurance policies. Craft breweries are typically seen as small business enterprises, yet the large production and distribution options expose them to large financial opportunities and risks. At Jenkins Insurance & Financial Services, Inc., we work hard to help ensure your business stays protected.

Our insurance options for craft breweries include, but are not limited to:

  • General liability
  • Coverage for equipment / machinery
  • Liquor liability
  • Umbrella coverage
  • Property insurance
  • Workers’ compensation

Contact an insurance specialist at Jenkins Insurance & Financial Services, Inc. to set up a consultation. 

 

Habitation

The Right Habitational Insurance Policy

A well-designed habitational insurance policy will cover both your property and tenants effectively. Jenkins Insurance & Financial Services, Inc. will shield you against common hazards such as electrical, plumbing, heating roofing conditions, and fire. We also cover specialty types of hazards such as lead liability, fall bars, asbestos, mold, and fungi.

It is the responsibility of a commercial residential property owner to guarantee the renter’s peace of mind—our job is to make that easier for you!

Talk to us today for more information.

Liquor Liability Insurance

Liquor Liability Insurance in Harrisonburg VA & Rockingham VA

 

Liquor laws vary widely by state, but one universal truth across the country is that all locations selling intoxicating beverages are at risk if the people they serve decide to make poor choices. Liquor liability policies are very specific about what they cover, and our agents can help make sure your policy fully protects your business.

The most important aspect of liquor liability insurance to keep in mind is that it is not included with most business policies. You’ve invested a lot in running your establishment, and one thing you don’t need is a regulatory fine for something you thought had been taken care of. Our agents will make sure that doesn’t happen by creating a policy that meets local regulations and provides enough coverage for the types of incidents you face. These include:

  • Injuries or damages caused by intoxicated patrons
  • Lawsuits brought by customers who misinterpreted an employee’s actions (especially being escorted out of the establishment)
  • Litigation costs, including hiring a lawyer and defending against claims brought against your business

Liquor Liability for Weddings and Events

Licensed establishments aren’t the only places where liquor might be served. People also tend to drink alcohol at weddings and other major events—sometimes as part of the ceremony, other times as a way of relaxing and having fun afterwards. Whatever your reason for serving alcohol, liquor liability insurance can help keep costs from spiraling out of control if someone gets drunk enough to cause a scene.

Jenkins Insurance & Financial Services, Inc. agents are familiar with which local venues require you to have this coverage if you’ll be hosting a wedding where alcohol will be served, and our representatives will work with you to ensure that the policy you have meets any other requirements the location has.

Limitations of Liquor Liability Insurance

Most policies apply only to incidents that you were involved with as a part of doing business or hosting an event. They may not cover off-site incidents, non-business activities (such as giving free drinks to friends after closing down your business for the night), and similar incidents. Exclusions may vary by policy, so be sure to read which ones apply to you and consider asking for a policy modification if you expect any of the exclusions to occur on a regular basis.

Your policy may also have an annual cap on how much it will pay out. If your business is particularly risky (for example, bottles are broken on a particularly frequent basis), you may wish to increase your policy limit. Call now for more information—our agents can help you determine the amount of liquor liability insurance that’s most appropriate for your business.

 

1. O’Connor, Cozen. “Comparison of State Liquor Liability Laws.” Cozen.com. August 2007. Accessed April 21, 2016. https://www.cozen.com/admin/files/publications/Dram_Shop.pdf.

2. Larino, Jennifer. “Bars Often Roll Dice on Liquor Liability Coverage.” Insurance Journal News. April 01, 2013. Accessed April 28, 2016. http://www.insurancejournal.com/news/southcentral/2013/04/01/286632.htm.

3. “Host Liquor Liability.” Insurance Glossary. Accessed April 28, 2016. https://www.irmi.com/online/insurance-glossary/terms/h/host-liquor-liability.aspx.

 

Real Estate Business Insurance

Real Estate Businesses Insurance in Harrisonburg VA & Rockingham VA

 

Keep your Assets Protected

Jenkins Insurance & Financial Services, Inc. provides insurance to real estate agents and businesses in Harrisonburg, Rockingham, Bridgewater, Elkton, Broadway, Staunton, and surrounding areas.

You will want to ensure that your real estate business is covered properly, primarily based on what type of real estate you are in. At Jenkins Insurance & Financial Services, Inc., we will work with you to create a business owner’s policy that can lump coverages, such as:

  • Property insurance 
  • Liability insurance
  • Business vehicle insurance 
  • Workers’ compensation 
  • And much more … 

Jenkins Insurance & Financial Services, Inc. will help you lump together the right protection plan so you can keep your business protected in as an efficient manner as possible. Contact us today to set up a consultation. 

 

Restaurant Insurance

Restaurant Insurance in Harrisonburg VA & Rockingham VA

 

Fine dining facilities, franchise restaurants, fast food stops, and cafeterias feature a variety of different risks, but all share a need for the same basic coverages: commercial property insurance, general liability insurance, and business income coverage.

At Jenkins Insurance & Financial Services, Inc., we want to help you reduce losses that could impact your business. We can help you customize an insurance plan that specifically fits your food service establishment, letting you focus on providing a great experience for your customers.

Restaurant Insurance Quotes in Harrisonburg VA

We work with a variety of insurance carriers to provide quick, accurate, and comprehensive restaurant insurance quotes. We help protect your employees and your customers with property insurance that includes spoilage coverage; general liability insurance that protects in the event of slips, falls, and more; and business income coverage to protect against a loss of income.

Specific Features of Restaurant Insurance, Including Workers Compensation Insurance

Jenkins Insurance & Financial Services, Inc. offers protection for your business in the following areas:

  • Building and Business Property Damage and Loss
  • Commercial Liability
  • Employment Practice Liability
  • Liquor Liability
  • Lost Business Income
  • Loss of Records
  • Extraordinary Expenses
  • Moneys and Securities
  • Food Safety
  • Crime
  • Worker’s Compensation
  • Employee Benefits
  • Hired Non-Owned Auto Insurance

Our agents are happy to review these coverages with you to determine which ones are necessary for your restaurant.

Best Restaurant Insurance in Harrisonburg

Just like a local restaurant needs to cater to a community’s tastes, Jenkins Insurance & Financial Services, Inc. is in tune with what our clients are looking for. If you’re looking for restaurant insurance that leaves you satisfied, contact an agent or request a quote today.

Additional Resources

 

Veterinary Insurance

Veterinary Office Insurance in Harrisonburg VA & Rockingham VA

 

As a veterinarian, you no doubt take your responsibility to animals and pet owners seriously. You have worked long and hard to become qualified to take care of people’s animals—whether they are working farm animals or family pets. Just as doctors who take care of people do, you need to have insurance to cover your practice against the many things that could go wrong.

Veterinary Office Insurance Features

If you are a veterinary business office owner, your veterinary insurance starts with insuring your building and equipment for fire, natural disasters, theft and general liability.

Veterinarians, however, need more than just protection for their commercial office space. Just as with human medicine, a good veterinary insurance policy has malpractice insurance in case events go awry in veterinary medicine. Busy staff can have accidents or make mistakes. An animal may suffer an unforeseen issue you cannot prevent. Still, you may be held responsible in a court of law. Malpractice insurance can cover your business if anyone in your practice makes a mistake.

One area of concern for veterinarians is the “consent to settle” option in some policies. This means the veterinarian must give approval in writing to settle a case even if the insurance company recommends settling. In some cases, policies will not cover expenses incurred from a lost lawsuit if the insurer recommended settling and you refused, which is called a “hammer clause.”

Sometimes business problems occur outside of legal matters in which an accident or a mistake transpires that can open you to liability. For example, a pet could be injured by putting it in an open area with another animal. An honest mistake like this could expose your company to liability.

Call Jenkins Insurance & Financial Services, Inc. for a full explanation of all your options as a veterinarian. Different policies are available, and we offer policies for those who work only on small animals; for those who only work in the equine field; and for offices or for field work, respectively. Our professionals can help you find the best policy for you, so give us a call today and let us make sure you’re covered.

 

Professional Liability

Professional Liability in Harrisonburg VA & Rockingham VA

Mistakes Happen.

In today’s litigious society, lawsuits against businesses are common. And as a business owner, you need to be prepared to protect the integrity of your company if an incident or mistake turns into a claim.

At Jenkins Insurance & Financial Services, Inc., we understand that mistakes happen. That’s why we’re committed to helping you create a Professional Liability policy that keeps your day-to-day operations protected should your business be held legally liable.

What Does Professional Liability Cover?

While it’s important for your business to have general liability coverage for property damage and bodily injury, Jenkins Insurance & Financial Services, Inc. recommends adding Professional Liability Insurance to your business portfolio because it insures the people and/or entities of your business from negligent claims made by third parties, or even internal sources.

From failure to render a service to malpractice suits, Professional Liability can provide a wide variety of options, such as:

Errors and Omissions Liability (E & O) – E & O covers any mistakes made by employees who work on behalf of your business, if your business charges fees for your services. It can include coverage for any errors such as failure to perform or violations of contract. Depending on your industry, your insurance needs will vary.

Directors and Officers Liability (D & O) – Having financial protection for your business’s Directors and Officers can prevent loss in the event that they are held liable from actions related to their corporate positions. This can include anything from conflicts of interest to mismanagement of company assets and violation of laws.

Fiduciary Liability – Fiduciary covers claims that involve the violation of the Employee Retirement Income Security Act, or ERISA. If a manager, for example, violates the financial obligations of ERISA, having the right coverage can protect your company if held liable in situations from imprudent investments to failure to enroll employees.

Employment Practices Liability – With proper insurance, your business can be protected if a worker claims that his or her rights have been violated. This can include violations from sexual harassment and discrimination to violations of the Americans with Disabilities Act (ADA), mismanagement of employee benefit plans, and wrongful termination.

Contact a representative with Jenkins Insurance & Financial Services, Inc. today to prevent mistakes and errors from becoming major losses for your business.

Food Processing Insurance

Get Protection from Your Leading Agribusiness Insurer!

Jenkins Insurance & Financial Services, Inc. is fully knowledgeable of the unique product and service needs of food processing and manufacturing operations. Through our Specialty Ag programs, we will offer you industry-specific risk management and underwriting solutions that’s perfect for your business. Consider us as your consultants more than your insurance agents!

Talk to your local food processing insurance experts today!

Farm Insurance

Farm Insurance in Harrisonburg VA & Rockingham VA

It’s Your Livelihood. Make Sure It’s Protected.

Whether you’re a local grower or a large cultivator, we understand the value of insuring your greatest asset. At Jenkins Insurance & Financial Services, Inc., we’re dedicated to providing the agricultural coverage and services you need to keep your farm or ranch protected – so you can focus on maintaining a smooth operation.

We know that you work hard as a farmer, and at Jenkins Insurance & Financial Services, Inc. we want to extend that same courtesy to you by keeping your farm and everything on it insured. Our insurance specialists are sensitive to your individual needs and will work with you to find a policy that best suits your farm or ranch.

Designing a specific policy with us gives you the options of coverage in the following areas:

  • Crop Insurance
  • Farm Owners Insurance
  • Farm Livestock Insurance
  • Equine Insurance
  • Farm Equipment Insurance
  • Farm Dwelling Insurance
  • Farm Structures Insurance
  • Farm Auto Insurance
  • Farm Umbrella Insurance
  • Farm Liability Insurance

Why Farm Insurance?

Your farm is your livelihood, and you can never be too cautious. Since an accident can happen when you least expect it, it’s important to be prepared when potential problems arise. By being proactive with a proper farm policy, your equipment, buildings, and even lost income can be covered in the event that an unforeseen circumstance disrupts your operations.

You’ve worked hard to build your farm into a business. Jenkins Insurance & Financial Services, Inc. will work even harder to ensure that your business is protected.

We provide insurance solutions for farmers near Harrisonburg, Rockingham, Bridgewater, Elkton, Broadway, and Staunton.

Legal Insurance

High Quality Protection for your Legal Office

Jenkins Insurance & Financial Services, Inc. provides insurance to legal offices in Harrisonburg, Rockingham, Bridgewater, Elkton, Broadway, Staunton, and surrounding areas.

Your law firm requires industry-specific coverages, and Jenkins Insurance & Financial Services, Inc. understands that. We know you have worked hard to build your business and maintain a sterling reputation. Let us insure your building, office furniture, electronics, and your most valued belongings so you can go about your legal services without worries!

As technology is advancing, your protection should be too! Jenkins Insurance & Financial Services Inc. also offers cyber liability and privacy insurance.

Contact a representative at Jenkins Insurance & Financial Services, Inc. today and set up a consultation.

Medical

You Deserve As Much as Care as You Give

Jenkins Insurance & Financial Services, Inc. provides insurance to medical offices in Harrisonburg, Rockingham, Bridgewater, Elkton, Broadway, Staunton, and surrounding areas.

The rewards of becoming a professional in the healthcare industry are beyond the enormous variety of career and business possibilities—there are countless opportunities to help others. As much as your clients and patients deserve the best care, you do too as well!

Let us protect you in every way we can so you can run your daily operations smoothly. Our medical insurance covers not only your office and building – rented or owned but will also ensure your facilities, electronics, and furniture are as well.

Jenkins Insurance & Financial Services Inc. also offers cyber liability and privacy insurance. Get in touch with us today!

Winery and Vineyard Insurance

The Finest Local Vineyard Insurance

Jenkins Insurance & Financial Services, Inc. will determine appropriate insurance solutions to make your vineyard a fully protected environment. We cover brands and labels, wine leakage, wine contamination, processing errors, property in transit, liquor liability, umbrella liability, and protection for events your vineyard will host.

We offer nothing less than our high acumen for insurance and vineyard operations. Experience insurance that’s as satisfying as a glass of fine wine.

Errors & Omissions

Stay Protected and Be Prepared with Us

Mistakes are unavoidable when operating a business. In the event that a client files for a claim, it is important that you are backed by an E&O insurance. This protects your business from errors and/or omissions made by any member of your company.

No matter the industry you belong to, it is always a smart move to get Errors and Omissions Liability Insurance. The policy should cover court costs, settlements, and attorney fees.

Start preparing today and talk to Jenkins Insurance & Financial Services, Inc.