With a Utica First Business Owner Policy, Small Retailers Can Expect the Unexpected with Peace of Mind
From auto parts stores to hardware stores, small retailers employ approximately ten million people in the U.S. It’s understandable that these business owners have a lot on their plates managing all the moving parts of their businesses. It’s also understandable that their main focus should be on building and growing their businesses—not worrying about unexpected mishaps.
Utica First can shoulder worrying about unexpected mishaps—property damage or damage to tools—for these business owners. Our Office PAK business owner policy (BOP) can provide peace of mind protection against financial losses that could be difficult for small retailers to recover from without the proper coverage.
Office PAK
Our Office PAK is the only BOP on the market to go above and beyond the standard offerings. Our standard coverage and additional coverages (no additional charge) include:
Standard Coverages
- Business property insurance—Helps protect the physical location that the business owns or leases as well as property such as fixtures, equipment, and inventory.
- General liability insurance—Helps protect the business from the financial costs of property damage, bodily injury, and personal and advertising injury claims made against the business.
- Business income insurance—Helps replace lost income if business cannot be conducted due to a covered loss like a fire.
Additional Critical Protections
In addition to standard coverages, we built in the following critical protections at no additional charge to business owners:
- Employment Practices Liability (EPLI): Coverage up to $100,000 for claims such as employee wrongful termination, sexual harassment, or discrimination
- Data Compromise: Coverage up to $25,000 for expense reimbursement due to misuse or loss of employee or company records
- Identity Theft for Office Executives: Coverage up to $15,000 for fraudulent use of executive’s financial or personal records
Umbrella Program
In today’s litigious climate, business owners need increased liability protection, and Utica First is here to make that easy for them. Our umbrella policy provides flexible options to provide BOP customers with the coverage they need—the comprehensive protection of a commercial umbrella.
Utica First can provide an umbrella policy up to $5,000,000 (in million-dollar increments).
Learn More
Utica First is known for its long-standing commitment to responsive customer service. We offer both credit card and eCheck payments, and we are always available to help you handle questions. If you have small office (professional services) clients in the states of New York, New Jersey, Connecticut, Pennsylvania, Ohio, Maryland, Virginia, or Massachusetts, click here to learn more about Office PAK and Umbrella policies.
