Commercial Property & Casualty

All businesses have vulnerability to risk. We help shift and manage risk away from your bottom line.

Introduction

Rooney Insurance Agency has dependably served businesses in several states for decades. In that time, we have earned a reputation for outstanding client care, delivering comprehensive insurance solutions that meet or exceed the needs of each client. Our commercial property & casualty insurance lines are designed to provide coverage for the unique risks you face in your business operations. Sometimes referred to as commercial lines insurance, this insurance solution protects businesses against financial losses arising from accidents, lawsuits, and adverse events like natural disasters. Each commercial policy offered by Rooney Insurance Agency is tailored to fit the exact needs and risk exposures of each client.

Commercial property & casualty insurance typically has several parts, depending on the size and type of business covered as well as specific operational needs or attributes of the business. These parts may include:

  • Commercial auto insurance
  • Commercial property insurance
  • Workers’ compensation insurance
  • Professional liability insurance
  • Business interruption insurance
  • Aircraft insurance
  • Inland marine insurance
  • Cyber security insurance

Claims Scenarios

To better understand the role of commercial property & casualty insurance, it can be valuable to explore several potential claims scenarios. In the first scenario, a large manufacturing firm operates a factory and employs hundreds of workers. The factory is destroyed as a result of a natural disaster – in this case, a wildfire. Without insurance protecting the company’s building, equipment, and physical assets, the fire’s damage results in millions of dollars in losses, and ultimately results in the company unable to continue operations. With the appropriate insurance coverages, however, a natural disaster is a covered event, and the company can recoup the money needed to restore the business to full operations. Commercial property insurance typically covers a company’s buildings and their contents, and may also include business interruption insurance, which is critical in providing financial compensation to the company when it is unable to deliver its goods or services after a disaster.

The next scenario involves a construction project. Due to unforeseen circumstances, a significant portion of the building being constructed collapses, leading to extensive property damage and injuries of workers on the job site. Without insurance, such an event can lead to hundreds of thousands or even millions of dollars in claims – claims that can severely impact a company’s ability to continue operations. With commercial insurance policies in place, claims arising from adverse events, negligence, and accidents on the construction site are covered, allowing the business to continue without the devastating financial losses that may come from a workplace disaster.

Coverage Details

At Rooney Insurance Agency, our experienced team understands that each business is different, and may face unique risks as it delivers its products or services to customers. Cookie-cutter insurance solutions may have their place in some businesses, but we believe in a more tailored approach. Each business is evaluated carefully, taking into account the unique circumstances and operations that define the business. Then, we develop comprehensive insurance solutions that provide coverage from both expected and unforeseen risks.

Our commercial property & casualty insurance lines are backed by some of the most respected insurance carriers in the world. With our help, you can protect your business, your employees, and your assets with competitively-priced insurance products that meet your specific needs.