Commercial Insurance Coverage in Steele, ND

Commercial insurance, also known as business insurance, can help protect businesses from losses due to unexpected events during normal business operations, such as lawsuits, natural disasters, or accidents. There are many types of commercial insurance for businesses, including coverage for property damage, legal liability, professional mistakes, and employee-related risks, among others.


We can help you choose the right types of coverages to customize a policy that meets your unique needs.

Business/Commercial Property Insurance

Coverage protection for your company’s building that you own or rent and the equipment you use to operate. This coverage helps cover your property in the event of a fire, burglary, theft, windstorm or lightning (to name a few) as well as computers, office equipment, office furniture, tools, small equipment, etc. If you have a high valued item, we would need to discuss this further with you


If you run a home-based business, commercial property insurance provides more coverage than what you’d have with a typical homeowners insurance policy.

Business Interruption Insurance

Coverage that replaces lost business income when your business has to close due to a physical loss or damage, such as a fire or water damage. This type of insurance also covers operating expenses, moving to a temporary location, and payroll. 



Interruption Insurance covers the profits you would have earned, based on your financial records had the damage not occurred. This would also cover operating expenses.

Business/Commercial General Liability

Coverage protection for your business from bodily injury or property damage claims that happen to someone else

The following are some examples could be your company's legal responsibility for the harm it may cause others.


  • Defective products
  • Faulty installations or errors in services.
  • A customer slips and falls inside the business or on the premises and needs medical treatment
  • An employee(s) damages a customer’s wall while working inside their home
  • The food you made is for sale and someone gets sick from eating it

Business Income Insurance, known as business interruption insurance, can help replace the lost income if the business can’t operate because of covered property damage claim. This coverage could help cover your lost income if the business had to close due to a claim until the business can reopen again. This can help you continue to pay your operating expenses, like payroll and monthly bills.

Business Owner’s Policy (BOP)

A business owner's policy (BOP) combines protection for all major property and liability risks in one insurance package. Coverage is for covered losses related to unexpected events, during normal business operations, such as lawsuits, accidents, or natural disasters, among others.



We can help answer your questions about the types of business insurance coverage and endorsements and what they all provide.

Apartments/Condo Buildings Insurance

Apartment insurance, or renters’ insurance, helps protect tenants financially in cases of theft, fire, or accidents. While landlords insure the building, their policies do not cover a tenant’s personal property or liability.


If you own an apartment building or a one, two or four family duplex, we have several companies to choose from to find a customized package with options that meet your needs that will fit your specific needs. The coverage can include:



  • Building & Other Structures
  • Business Personal Property
  • Liability & Medical Expenses

Optional Endorsements Are Available:

  • Replacement Cost Coverage on structures and business personal property
  • Business Income or Loss of Income
  • Extra Expense Coverage
  • Inflation Guard Protection
  • Increased Cost of Construction (Ordinance or Law)
  • Pollution Clean Up and Removal
  • Products or Completed Operations
  • Product Recall
  • Additional Insureds
  • Professional Liability
  • Liquor Liability
  • Spoilage
  • Cyber Liability / Data Breach
  • Commercial Umbrella
  • Care, Custody and Control (When your Business has Customer's Property in your Care, Custody, and Control
  • Electronic Data
  • Utility Service (Equipment Breakdown)
  • Civil Authority
  • Directors and Officers
  • Extended Reporting Period
  • Prior Acts
  • Hired and Non-Owned
  • Cargo
  • Individual Named Insured
  • Additional Personal Injury Protection
  • Drive Other Car
  • Individual Named Insured (This Endorsement Is Needed if the Owner or Insured Doesn't Own a Private Personal Vehicle)
  • Transportation Expenses
  • Loss of Use Expenses
  • Auto Loan or Lease Gap
  • Roadside Assistance

Employer Coverage Endorsement

  • Employee Benefit Liability
  • Employee Dishonesty or Theft
    Employment Related Practices Liability
  • Directors and Officers
  • Management Personnel
  • Robbery
  • Money and Securities
  • Computer Fraud
  • Money Orders and Counterfeit Money
  • Crime Coverages

Bond Insurance

Bond insurance is a type of insurance policy that a bond issuer purchases that guarantees the repayment of the principal and all associated interest payments to the bondholders in the event of default. A critical difference between bonds and insurance is that insurance protects your business if you are accused of wrongdoing. In contrast, a surety bond protects your client's business if you’ve done something wrong.

Contractor’s Insurance

Contractor insurance protects your construction business in case of lawsuits, on-the-job injuries, damage to your equipment, lost income and more. This policy can be a custom built to address the specific risk that comes with the job. 



For example, if you accidentally damage someone’s home while doing a job, the general liability portion of your contractor’s insurance can pay for repairs.



The contractor's liability insurance covers claims arising from damage a contractor causes to a third party. This is one of the most crucial insurance coverages a contractor should get since it covers the liability risks associated with ongoing business operations (while at the job site). Coverage is also available for the business owner for legal liability relating to advice or services offered to clients. Other types of insurance may also be relevant to a contractor, such as insurance against loss of income.

Business/Commercial Auto

Coverage is available for the auto you use for business. Whether for your business in town or your farm or ranch out in the country. Protect your farm or commercial business with insurance because road conditions, weather, or other drivers on the road are simply beyond your control. Additional coverage is available for pollution, employees, hired and non-owned auto, loan or lease, loss of use, or replacement cost; there are also additional endorsements.

Business/Commercial Rental Property

Commercial Property Insurance provides coverage for business property you own or rent, including buildings, furniture, electronics, inventory, equipment and tools used in your business.



If you own rental property, whether it’s an apartment building or a one or two-family rental complex, we can help customize a policy with options that meet your specific needs.

Employerment Practices Liability Insurance Endorsement

Employment practices liability insurance (EPLI) helps protect your business from employment-related claims, like wrongful termination, discrimination, and harassment.


If you have employees, you need Employment Practices Liability Insurance. Contact us today for further information!

Other Employer Insurance Endorsements

  • Employee Dishonesty or Theft
  • Employee Benefit Liability
  • Employment Related Practices Liability
  • Directors and Officers
  • Management Personnel
  • Robbery
  • Money and Securities
  • Computer Fraud
  • Money Orders and Counterfeit Money
  • Crime Coverages

Additional Auto Endorsements to consider: 

  • Hired and Non-Owned
  • Cargo
  • Pollution
  • Care, Custody, and Control (When the Insured's Business Has a Customer's Vehicle in Their Care, Custody, and Control)
  • Additional Personal Injury Protection
  • Drive Other Car
  • Individual Named Insured (This Endorsement Is Needed if the Owner or Insured Doesn't Own a Private Personal Vehicle)
  • Employees as Insureds
  • Fellow Employee Coverage
  • Transportation Expenses
  • Rental Reimbursement
  • Loss of Use Expenses
  • Auto Loan / Lease Gap 
  • Roadside Assistance
  • Airbag coverage – Covers accidental airbag discharge. 
  • Audio, Visual and Data Electronic Equipment

Let’s schedule an assessment of your business to find out if your business has the insurance protection you need to cover any financial loss in the case of an unforeseen claim.