Cost-Effective Business Insurance Coverage
You don’t need to brave the business insurance world alone. NEC Insurance puts you with the best possible coverage at the best price.
Protect Your Organization Against Financial Repercussions
As a business owner, you have many things to consider, such as marketing strategies and customer relations. But one of the most important decisions you can make to ensure your business’s success is getting the right insurance coverage. Business insurance can protect against damages or losses caused by events outside your control, such as accidents, injuries, property damage, lawsuits, and more.
NEC Insurance is your source for robust insurance strategies. We’ve spent over 45 years learning the details of the insurance market and growing our tools and resources to serve Missouri business owners better. With more than 30 insurance carriers in our portfolio, we can help you explore your options and deliver a business insurance plan that suits your objectives.
A few of our most valuable coverages include:
Business Interruption Insurance
Business interruption insurance is optional insurance that covers lost income due to suspended operations during a natural disaster or other unforeseen events. This policy type pays out in two ways: it covers any fixed expenses that must be paid while operations are suspended (such as rent), as well as any profit loss resulting from the interruption itself up to the limits specified in the policy agreement.
NEC Insurance can connect you with carriers with the policies you need to prevent long-term inactivity. Our policies give you peace of mind knowing that you can continue running your business even if you experience an emergency situation.
Property Damage Coverage
Property damage coverage is insurance that helps protect your company from physical damage to your buildings, equipment, or property caused by natural disasters such as fires, hurricanes, earthquakes, floods, and other unpredictable events. Property damage insurance covers the cost of repairs and replacements up to the limits stated in the policy. This coverage can help you remain financially secure if your assets are damaged in an unexpected event.
No matter what disaster strikes, NEC Insurance provides you with the coverage you need to recover. Our products align with your core objectives, supplying your confidence as you pursue your goals without fear of an accident jeopardizing your organization.
Liability Coverage
Liability coverage is a form of business insurance that protects against potential legal claims due to negligence or accidents involving customers or employees on your premises. NEC Insurance agents can evaluate your operations and recommend a policy that offers optimal coverage.
Liability insurance plans typically cover damages such as medical expenses and legal costs associated with a lawsuit filed against your business. It also includes protection from libel and slander suits and advertising injury claims. This coverage can help you manage any potential legal costs related to a lawsuit that could otherwise devastate your business financially.
Tackle Risk Management With Dedicated Insurance Agents
One of the most important aspects of running a business is managing risk. Risk management involves assessing potential risks your company may face and taking steps to mitigate them. This could include implementing safety protocols, investing in security systems, or obtaining insurance coverage for your business.
The NEC Insurance team understands how challenging it is to explore the market alone. You have many options, and you may not know what plan is the best match for your situation. That’s why we offer a comprehensive evaluation program. We review your current strategies, analyzing your assets for potential risks and exposures. Once we completely understand your company, we design a robust insurance framework to preserve your finances.
