Commercial Package Policies (CPP) provide businesses
with essential property and liability coverage.
Some companies can link the Commercial Package
Policy to other policies like Commercial Auto,
Umbrella or Inland Marine. The package is
flexible and can be configured to a company's
specific need. This allows for the basic
policy to be expanded to include a variety of
special coverages. A broad range of business
risk can be covered with the special package
programs from Guild & Landis, Inc.
The Businessowners Policy (BOP) also combines
property and liability coverages into a package as
does the CPP. The BOP is tailored to the
smaller business and the guidelines for writing the
policy are narrow when compared to the CPP policy.
While the policy was basic when first introduced
companies have expanded it to include a wide variety
of "automatic" coverages. Some examples of
policy additions might include coverage for Business
Interruption, Accounts Receivable, and data
processing.
Business Auto coverage encompasses commercial
vehicle of all types. Delivery vans, pickup
and light trucks and heavier trucks are all examples
of vehicles that can be covered on this Business
Auto Policy.
Garage insurance offers coverage specifically for
those types of ventures in the business of servicing
automobiles. Repair and Body shops and
parking facilities are examples of businesses that
have special coverage needs.
Excess liability coverage often referred to as
'umbrella" policies provide an extra layer of
liability for business. Most often the
excess liability policy can be written "over the top
of" a CPP, BOP or Auto policy.