Business & Commercial Insurance

Commercial Property Insurance

Commercial property insurance is a policy for your business or organization that offers protection against losses involving your business’ property. Depending on the sort of coverage you purchase this type of insurance can cover machinery, equipment, buildings, customers property while in your custody and care, among many other items. Sohi Insurance Group offers commercial property insurance for a variety of industries. Some of the more common include:

  • Manufacturing
  • Transportation
  • Health Care/Hospitals/Nursing Homes
  • Schools / Education
  • Mercantile / Retail
  • Attorneys/Law Firms
  • Accountants
  • Financial Institutions
  • Auto, Boat, RV Dealers
  • Hotels / Hospitality / Restaurant In the event of a disaster, Commercial Property Insurance coverage will allow you to repair, rebuild, or replace your losses.

Sohi Insurance Group offers several options for reducing the cost of your Commercial Property Insurance. The best way to analyze your coverage options is to meet with an agent and discuss your business needs. Sohi has dozens of carriers to choose from to ensure you are in a safe and sound policy at a cost you can afford.

Let us earn your business by protecting your business. Ask an Agent for information today.

Business Auto Insurance

Your business is on the move… and we’ve got you covered! Businesses are constantly in motion – delivering goods and services, picking up supplies, visiting customers and prospects or just running errands. It is important to be sure your business is protected from unexpected losses. Business auto policies can cover not only the repair of damages to, or caused by, your vehicles, but also the liability created when injuries or property damage occur. Our knowledge and experience will help you protect all that you’ve worked so hard to create.

Commercial General Liability Insurance

Risk…it’s a big part of being in business. Every time you open your doors, every time you sell your product or service an account, you run the risk that someone will claim they’ve been injured – physically or financially – by your business. We know each company carries unique exposures whether they are large multi-national organizations or a local main street store. General liability coverage provides the protection needed by virtually everyone in business. Our knowledge and experience will help protect all that you’ve worked so hard to create.

Workers Compensation

Is safety “Job #1” at your business? We’re here to help. Worker’s compensation insurance is there if an employee’s injury or illness is due to his work. Medical costs, lost wages and rehabilitation are generally covered and most businesses are required by their state to provide this coverage. But there is so much more to worker’s compensation than just insurance. We can show you how to lower your costs through proper hiring and training, and by managing your facilities and the claims process effectively. Let our knowledge and experience help you protect all of your employees and everything that you’ve worked so hard to create.

Commercial Umbrella Insurance

In today’s litigious society, how much is enough? Umbrella excess liability insurance can protect your business from catastrophic lawsuits. This coverage extends your underlying policies such as general liability, auto and employers liability. Umbrella excess liability coverage responds when you exceed the amount of your underlying liability policy limits. It could also respond to a claim that is not covered by an underlying policy, however, this is less common and only when the loss amount exceeds the self-insured retention (deductible commonly $10,000 and up). Let our knowledge and experience help you protect all that you’ve worked so hard to create.

Professional Liability Insurance

Are you held to a higher standard? If you provide professional services – as a doctor, dentist, attorney or architect to name a few – then Professional Errors & Omissions Liability is your most critical coverage. Professional Errors & Omissions Liability protects your business from allegations arising from professional negligence or failure to perform your professional duties These types of claims are normally not covered by your general liability policy. Whether an allegation is baseless or not, mounting a legal defense could bankrupt a business. Professional Errors & Omissions Liability can protect you against the unknown and the unforeseeable. Let our knowledge and experience help you protect all that you’ve worked so hard to create.

Buy / Sell

Have you planned for your business’ perpetuation? Today the lack of a business plan in the event of an owner’s death often means the business dies as well. You have worked hard to grow your business and most of the time the value of this business is your family’s biggest asset. With planning and a well structured buy/sell agreement, you can rest assured that not only will your loved ones be protected, but that your business will live on. Sohi Agency’s depth of knowledge and experience will assist you with this important planning. We are uniquely qualified to coordinate the resources you will need to design a comprehensive business perpetuation plan to address the “what if” scenarios every organization faces.

Directors, Officers, & Non-Profist Liability Insurance

Directors & Officers liability insurance (often referred to as D&O coverage) is a type of liability insurance coverage for the defense costs and damages arising out of wrongful act allegations, lawsuits, and claims made against them while serving on a board of directors and/or as an officer.

Directors & Officers liability insurance can be written to cover the directors and officers of for-profit businesses, privately held firms, not-for-profit organizations, and educational institutions.

In effect, the policies function as “management errors and omissions liability insurance,” covering claims resulting from managerial decisions that have adverse financial consequences.

Directors &Officers liability insurance does not cover intentional illegal acts or wrong doings.

The specialists at Sohi Insurance Group provide D&O liability insurance both state-wide in Michigan and nationally to organizations’ directors and officers as an effective way of protecting their personal assets.

Speak with an agent today to verify your coverage. Call us direct: +1-248-509-5969 or contact us online.

Executive Life Insurance

Does your business heavily depend on a few talented employees? It is not unusual for a business to depend on key employees for their financial well-being. Unique talents, education or experience are often the basis of a successful operation, and the unexpected loss of these human assets can undermine a business’ financial stability. We can help. Key-person life insurance, structured properly, can provide a business with the funds needed to secure high-cost talent or cover the financial impact of a key person’s death. As with most other aspects of your business, the difference between success and failure is planning and preparation. Sohi Insurance Group is ready and able to help your company be equipped to handle any unforeseen situations.