Your situation
Your business changed. Your insurance probably should too.
New location, first employee, a bigger contract, a vehicle, a second service line — the things that grow a business are usually the things that change its insurance.
No obligation. Starting a review does not change or bind any coverage.
What's going on
You started something, or the thing you already run is not what it was a year ago. Maybe you hired someone, signed a lease, bought a truck, or a customer asked for a certificate of insurance naming them as an additional insured and you are not sure what that means.
Why it matters
Business policies are written against a description of the business — what it does, where, with how many employees, and with what vehicles and equipment. When the business changes and the description does not, the policy can end up covering the company you used to be. Most of the gaps we see are not exotic; they are a policy that never caught up.
Things worth considering
Points we would talk through with you. Which of them apply depends on your situation, and what you do about them is your decision.
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What the policy says your business does
The classification on the policy drives both the rate and what is covered. If you added a service line, that description may need to change.
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Employees, and Missouri workers' compensation
Missouri generally requires workers' compensation coverage for employers with five or more employees, and for construction-industry employers with one or more. Thresholds and exemptions have details worth confirming for your own situation.
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Vehicles used for business
A personal auto policy may not respond the way you expect for a vehicle used in a business. This is one of the more common and more expensive surprises.
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Contracts and certificates
General contractors, landlords and larger customers often require specific limits and additional insured status. It is easier to read those requirements before signing than to retrofit coverage afterwards.
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Property, equipment and where it lives
Tools and equipment that move between job sites, or inventory at a new location, are handled differently from property that stays put.
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Professional exposure
General liability generally does not respond to claims about professional advice or work product. If your business gives advice or designs something, that is a separate conversation.
Information on this website is general in nature and is not a complete description of any insurance policy or every coverage option that may be available. Coverage availability, terms, conditions, limits and exclusions vary by insurer, policy and individual circumstances. The issued insurance policy and applicable endorsements control coverage. Beacon Point Insurance Group may provide information regarding available insurance options and discuss coverage considerations based on information you provide, but customers are responsible for selecting the carrier, coverages, limits and deductibles they wish to purchase. No insurance coverage is bound, changed, or canceled through this website unless confirmed by Beacon Point Insurance Group or the applicable insurer.
How this tends to come up
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A first hire
A two-person operation takes on a third. That single change can bring workers' compensation into scope and change what the general liability policy should say.
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A contract with an insurance schedule attached
A larger customer sends over their requirements. Reading them against the current policy before signing shows exactly what needs to change, and what it will cost.
We Learn. We Compare. We Explain. You Decide.
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We Learn
We ask questions about your situation and the insurance you currently carry.
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We Compare
Based on the information you provide, we can obtain and compare available options from the insurance companies we represent.
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We Explain
We help you understand important differences in coverage, limits, deductibles, policy terms, and price.
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You Decide
You select the company, coverages, limits, deductibles, and options you want to purchase.
What working with us is like
The part people tend to mention is that someone explained it and then let them decide.
Let's find the options that work for you.
No obligation. Starting a review does not change or bind any coverage.