In order to recover fair value for your accident or injury claim, you must be equipped with a plan for combatting the tactics that insurance companies like Nationwide use to pay you as little as possible.<\/p>
Like many other large national insurance companies,\u00a0Nationwide\u00a0is built to return an investment to its shareholders. This means they will often do everything they can to avoid paying fair settlements whenever they can to protect their profit margin.<\/p>
To Nationwide, you are just a number in a file. Their goal is to pay you as little as possible. To maximize the value of your claim, you should speak to a qualified legal professional who will represent your best interests and not that of Nationwide\u2019s shareholders.<\/p>
Nationwide, a Fortune 100 company based in Columbus, Ohio, is one of the largest and strongest diversified insurance and financial services organizations in the United States. The company is rated A+ by both A.M. Best and Standard & Poor\u2019s. <\/p>
Nationwide is an industry leader in driving customer-focused innovation and provides a full range of insurance and financial services products. These include auto, business, homeowners, farm and life insurance; public and private sector retirement plans, annuities, mutual funds, and EFTs. It also includes excess & surplus, specialty and surety, and pet, motorcycle, and boat insurance.\u00a0<\/p>
The company\u2019s business insurance offerings include everything from standard policies to specialized coverage for specific industries such as construction, retail, food and beverage, and more. It may be a good fit for businesses that need specialized business insurance coverage, including fidelity bonds and surety bonds.<\/p>
Nationwide offers a wide range of business insurance products, which is helpful for small businesses looking to bundle several types of insurance.<\/p>
A business owner\u2019s policy (BOP) combines several major components of insurance in one convenient package. Nationwide\u2019s standard BOP includes basic business liability, commercial property, business income and equipment breakdown insurance. Each of these products can be purchased separately as well.<\/p>
Nationwide offers customized BOPs for several industries that share common risks:<\/p>
Nationwide commercial property insurance protects your physical place of business in the event of damage or loss. A commercial property policy through Nationwide will cover your building, inventory, furniture and equipment, as well as any signage, storage sheds, landscaping and fences.<\/p>
Your commercial property coverage may also extend to property owned by others, depending on the event and the policy.<\/p>
Business liability insurance, also called general liability insurance, is a standard component of a BOP and protects you if you\u2019re liable for someone\u2019s medical expenses, attorney fees or damage when your company is at fault.<\/p>
If you want to purchase business liability insurance as a standalone product, Nationwide offers several basic plans customized for various industries. Additional commercial liability insurance options are called endorsements and can be added to your basic policy to provide the coverage you need.<\/p>
Business income insurance, also called business interruption insurance, protects your finances when your business operations are disrupted by circumstances out of your control. This type of policy can help you cover lost business income, payroll, taxes, loan and mortgage payments, temporary expenses such as overtime pay or relocation costs, and more.<\/p>
Business income insurance is included in Nationwide BOPs and can also be purchased separately. <\/p>
Commercial auto policies are similar to consumer auto coverage, with up to five standard components: liability insurance, medical coverage, comprehensive, collision, and uninsured or underinsured motorist coverage.<\/p>
Nationwide includes equipment breakdown insurance as a standard component of a BOP. This type of coverage protects you when you can\u2019t use the tools that help you operate your business. Your equipment breakdown insurance can help pay for repairs or replacements, the cost of replacing any spoiled materials or goods, and other expenses that arise as a result of covered breakdowns.<\/p>
Beyond the essential coverage options listed above, Nationwide also offers the following products:<\/p>
Nationwide has nearly 100 years of experience providing drivers with comprehensive insurance options. It\u2019s important to note that each state has its own laws that dictate the types of car insurance and minimum coverage limits drivers must purchase.<\/p>
The standard types of insurance you can get with a Nationwide auto insurance policy include:<\/p>