Business Insurance

Business Insurance

We love small business. From office risks like technology and medical to services like contractors and agribusiness we have markets with good products so you can keep your focus on what you do best - your business.

Know Your Business Insurance Coverage
What can my Business Insurance cover?
  • Workers compensation
  • Business Liability
  • Business Property
  • Professional Liability (E&O)
  • Product Liability
  • Loss of Income
  • Commercial Auto
  • Directors and Officers
  • Employment Practices Liability
  • Cyber Liability
  • Business Owners Policy
What is likely excluded from my Business Insurance?
  • War & Nuclear Hazard
  • Governmental Action
  • Dishonesty
  • False Pretense
  • Earth Movement
  • Utility Services
  • Water
Content is for educational purposes only and is not an offer of coverage. Please read and understand your specific policy coverage and exclusions.

Insurance Tips

What to consider when selecting your coverage.

  • Give yourself time to secure coverage. Business insurance takes time.
  • Give your agent a comprehensive statement of your business operations.
  • Be as accurate as you can with your numbers. This will help avoid surprises at audit.
  • Cyber liability is a new and expanding coverage to counter the threat of a data breach.
  • If you're in a service or professional industry you likely have a professional liability exposure.

Business Insurance Coverage's

As a business owner, you strive to make decisions that are right for your business, your employees and yourself. This includes decisions about business insurance. You know you need excellent coverage. You don't, however, have time to become an expert in business insurance. That’s where we can help.

A Business Owners Policy (BOP) combines property, liability and business interruption coverage for small to medium-sized businesses. This packaged coverage is generally less expensive than when purchasing coverage separately. With a BOP you have the ability to customize the policy to meet your individual business needs.

Perhaps you need general liability coverage that includes operations. Or, you need to add business auto coverage or commercial property insurance. Whether you are a home-based business, small service provider or contractor, we will work with you to find the right combination of business insurance coverage to meet your specific needs.

Supplemental Coverage Available
• Extended liability for additional insureds.
• Debris removal, personal property.
• Tools and equipment.
• Valuable records protection and accounts receivable.

In addition to advising you on the right coverage, we provide additional services, such as:

• Loss Prevention Programs—with our insurance company partners, we can evaluate your business's current conditions and recommend ways to lower property, auto, workers compensation or liability losses. Lower losses will not only lower your insurance costs, but also increase your productivity by avoiding downtime.

• Quick Claim Response—when you do have a claim and need fast and fair service, we work with you to make that happen. That's why we only represent companies with excellent records for settling claims fairly and promptly.

• Competitive Rates—many of the insurance companies we represent specialize in insuring specific types of businesses or industries, offering special coverage and pricing.

Why Choose Us?

We’re a locally owned and operated small business, just like you. We know business insurance isn’t one size fits all. Your business is your passion, and we will spend our time listening to you in order to develop a solution that’s comprehensive and cost effective.
Novallus Insurance Brokers is now Options Insurance. New Name, Same Team.
102 N Jonathan Blvd #210
Chaska, MN 55318
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