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Retcho Agency Inc

308 Harrington Ave,
Closter, NJ 07624

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The Basics of Protecting Your Business Premises

Technology such as firewalls and two-stage authentication passwords don’t do anything to protect brick-and-mortar businesses. For that, you need real-life security that you can see and touch, in addition to your commercial insurance policy. Review these basics of protecting your business premises to make sure your business is secure.

The Basics of Protecting Your Business Premises

Buzzer-Entry System

If your business is located in a high-crime neighborhood, or openly displays very expensive merchandise such as precious gems and jewelry, consider installing a buzzer-entry system. This electronic system keeps your front door bolted shut unless an employee presses a release button inside your shop. Buzzer-entry systems allow your employee to visually appraise the customer before they enter the shop, to ensure that their intentions are honest.

Surveillance Cameras

Surveillance cameras protect your business by discouraging would-be shoplifters. They can also help the police in identifying robbers and tracking down stolen merchandise. In addition, surveillance camera footage can be used in court to help win your case in the event of a commercial insurance claim due to damage on your business premises. Speak to your commercial insurance representative at Retcho Agency, serving Closter, NJ and surrounding areas.

Store Safes

Store safes keep excess cash and expensive merchandise safe from the hands of robbers who may force cashiers to empty cash register tills. Store safes can be programmed to only open at certain times during the business day. If your cashier makes regular deposits of cash through the secure system of a store safe, any robbers who infiltrate your business will only get a limited amount of cash. Security Alarms

A security alarm system can easily be installed in your business in a discretionary way that prevents robbers from knowing that the police have been called. A discreet button is usually placed under the counter near the cash register. When the silent button is depressed, the local police station is alerted that their presence is needed at your business. Your cashier can continue to appear as though he is cooperating all the while the police are on their way.

Get The Right Insurance Coverage For Your Business Today

For more information about protecting your business premises, contact Retcho Agency serving the greater Closter, NJ community.

Will my commercial insurance policy pay for the repair of the burst pipes at my place of business?

Business owners who want legal protection and protection for their assets and employees can benefit from commercial insurance. Commercial insurance provides a wide variety of protection for business owners, ranging from liability coverage to property coverage, and more. Our Closter, NJ team at Retcho Agency wants to help business owners understand how commercial insurance can help them.

What is Commercial Insurance?

Commercial insurance provides both protection and coverage for business owners and their businesses. This type of insurance can pay for the repair of your office building or business property. It also provides coverage for theft, auto accidents, lawsuits, and natural disasters. This insurance will pay for damage caused by fires, storms, and other events. Commercial insurance provides various types of coverage that fall under a commercial policy. Many business owners choose to invest in liability and property coverage. Commercial auto insurance is available if vehicles are used for business. Commercial insurance provides coverage for:

  • Property
  • Liability 
  • Commercial auto insurance
  • Crime 
  • Other optional insurance

Will Commercial Insurance Pay to Repair the Damage Caused by Burst Pipes?

Yes. Commercial insurance pays for damage to your place of business caused by water damage, including damage caused by leaks and burst pipes. This protection is available to policyholders for business equipment and rented or owned office space. Water damage is covered by a commercial insurance policy, but not if it’s caused by flooding. You’d need to purchase a flood insurance policy. However, some insurance companies might offer flood coverage as an additional add-on or extension to your commercial insurance policy.

Contact Us Today

If you have questions about commercial insurance, call us at Retcho Agency in Closter, NJ. We’d be happy to help you explore the benefits flood insurance can offer.

Types of commercial insurance your business can benefit from

Risk comes with owning a business, there is no way around it. Half the battle is anticipating what the risks are and making sure you mitigate as much as possible. Knowing how to determine which types of commercial insurance are right for your business is why you have an independent insurance agent. In Closter, NJ, Retcho Agency is here to help with all your commercial insurance needs. Our team will work with you to customize your coverage. 

Types of commercial insurance 

Commercial liability insurance

If you are only going to carry one type of commercial insurance, commercial liability insurance is probably the one you should choose. Being sued is something that all businesses are in danger of. Whether it is a customer who is injured while visiting your location or by a product you create, a vendor with whom you are disputing a charge or an employee who is not happy, becoming part of legal action is easy for a business. It is also expensive and can put you out of business if you are not adequately covered. 

Commercial Property Insurance

You can have a successful business if you don’t have the things you need to operate your business. When you are hit by a covered peril, you may lose all your tools, your inventory, your machinery, your office equipment, and all the things you need to do business. No business, no income. If you own the building that houses your business, commercial property insurance will also pay to repair the building. This is important coverage for your business. 

Workers Compensation

In New Jersey, if you have employees, they need to be covered by workers’ compensation insurance. If you don’t have workers compensation insurance, you need to be approved to self-insure. No matter what, you have to protect your employees. 

Contact Retcho Agency in Closter, NJ when you need to get the commercial insurance your business needs.

 

Partner Carriers

  • Chubb
  • Franklin Mutual
  • KBIC
  • Liberty Mutual
  • N&D Group
  • Neptune Flood Insurance
  • Pacific Specialty
  • Plymouth Rock/Palisades safety and insurance
  • Progressive
  • Safeco
  • Shelter Point
  • The Hartford
  • Travelers
  • Wright National Flood Insurance