Commercial Insurance in New Mexico

New Mexico Commercial Insurance

New Mexico in a beneficial state to do business within the United States because of the revised tax structure, low energy costs, low property tax, affordable real estate, productive workforce, access to markets, and employee incentives.

However, not all is cakes and ale; uncertainties can bring your business to its knees. Franklin Insurance Agency in Rio Rancho, NM works closely with entrepreneurs to manage such perils. Our commercial insurance policies include:

• Workers compensation
• Commercial liability
• Commercial property
• Errors and omission
• Commercial auto
• Employee Practices

Workers Compensation Policy

We work closely with the state government to ensure every company with more than one employee has a worker’s compensation plan. We understand that your business may suffer losses if an employee is sick or injured in meetings costs associated with such an occurrence.

Commercial Liability

We understand that liability coverage is not mandatory for New Mexico businesses, but we know its importance. Our policy protects your business from claims of third-party injuries and damages you are held liable. Our policy coverage includes:

• Bodily injury
• Property damage
• Lawsuit costs and judgments
• Personal injury
• Advertising injury

Commercial Property

We know that your business premises are vital. Our commercial property policy safeguards your business premises together with items inside that you may use as product and stock. The coverage also includes items that have been brought by clients for servicing and leased properties.

Errors and Omissions

For businesses offering professional services, a bridge of contract or professional mistakes can land you in financial nightmare. Our errors and omission coverage safeguards you from such losses in case you are sued and found culpable.

Employee Practices Insurance

Managing human resources in your company is not a walk in the park. Some might sue you for discrimination, wrongful termination, and harassment, among many other incidents. Our employee practice liability coverage protects your business from such lawsuits and losses arising from them.

We understand that every enterprise is unique and may require customized commercial insurance. Franklin Insurance Agency is happy to discuss policies at your convenience. Please contact us by e-mail, visiting our offices in Rio Rancho, NM, or give us a call.