Shopping for commercial insurance can be a daunting task. You need to contact multiple insurance companies, ask each for quotes on the different types of insurance and then finally compare quotes to make the best choice.
Or you could simplify things and visit Tivly. With Tivly, you can easily get a quote on the insurance you need from reputable insurance companies like Progressive, The Hartford and Liberty Mutual Insurance. You can start your fast, free quote online or call now.
Tivly can connect you with all types of business insurance, including general liability, commercial property and workers’ compensation insurance. It’s best for business owners who want to save time and money by getting matched with a provider that best fits your needs.
- Busy business owners
- Getting the insurance you need quickly
- Easy quote process
- Partnered with over 200 providers
- Will match you with the one that fits your needs
- No mobile app
- No tools for managing multiple policies from different providers
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Tivly can connect you with a variety of policies from reputable insurers. Because the site brings you in touch with the best of the best, you can choose from a wide range of policies. Remember, you should review what is truly covered so that you get the coverage that serves your business.
Here are some of the available policy options:
Commercial General Liability Insurance
Accidents can occur at even the most safety-conscious of businesses. Customers can slip and fall or an employee could accidentally damage customer property. Commercial general liability provides several types of coverage, including:
- Bodily injury liability. This coverage helps to pay for legal fees if someone is injured on your business property.
- Medical payments. This coverage directly pays for medical costs relating to someone injuring themselves on your property. Instead of having to sue to have their medical costs covered, the injured party can file a claim directly with the insurance company.
- Property damage liability. This helps pay for legal fees related to property damage. It only applies to the property of others, not your business property.
- Personal and advertising injury. This coverage pays for legal costs if you’re sued for libel, slander, false advertising, copyright infringement and other related issues.
Commercial general liability insurance doesn’t pay for injuries to employees or damage to your business property. Those are covered by workers’ compensation insurance and business property insurance. Remember, you should reach out to an insurance professional if you’re not sure how to supplement the policies you find here.
Commercial Property Insurance
Commercial property insurance pays for damage to your business. It typically covers damage to the structure of your business (the floors, walls and roof) as well as the contents like your inventory.
It may also cover damage to items of others that are in your care. For example, if you own a computer repair shop and a burst pipe floods an area where customer computers are stored, it might cover the repair or reimbursement costs for those computers.
This type of insurance typically covers losses due to fire, lightning, storms, theft, vandalism and water damage from pipes that burst unexpectedly or malfunctioning appliances.
These policies typically don’t cover damage from floods or earthquakes. They also don’t cover damage related to wear and tear, so it’s important to do regular maintenance.
Policies will typically either cover the actual cash value of your items or the replacement value. The actual cash value is the current value of the item, which is typically less than you paid for it due to depreciation. The replacement value pays for a new item. Replacement value policies typically reimburse you for more, but the premiums are more expensive.
Business Owners Policy
A business owners policy (BOP) bundles together 3 essential types of coverage: commercial general liability, commercial property insurance and business interruption insurance.
Business interruption insurance helps you with the loss of income that results from a disaster. Repairs can often a business to close for days or even months. This coverage helps to make up for that income and may pay for other bills like taxes.
A BOP allows you to buy one policy and get several types of coverage. It’s a good fit for small business owners, who often save money by buying this bundled coverage rather than purchasing each type of insurance separately.
You can buy each type of coverage separately, though. Businesses that are large or that face unique risks may be a better fit for separate policies.
Commercial Auto Insurance
If you use vehicles for your business, you should purchase commercial auto insurance. It’s structured similarly to personal auto insurance, in that you can choose the types of insurance you want.
At a minimum, you should have liability coverage, which pays for damages related to an at-fault accident. You can also add other types of coverage like comprehensive and collision.
Workers’ Compensation Insurance
If you have employees, most states require you to purchase workers compensation insurance. Workers’ compensation insurance provides coverage for employees who experience a job-related injury or illness. It covers their medical expenses and lost wages if they need time away from work to recover. Some policies also include rehabilitation benefits if the employee is unable to return to the same position.
Workers’ compensation protects your employees, but it also protects you. In most cases, employees aren’t able to sue over a work-related injury if you have workers’ compensation insurance in place. If you don’t have it, you may be violating state law and exposing yourself to potential lawsuits.
Professional Liability Insurance
Professional liability insurance protects you if you’re sued for professional negligence. It’s also referred to as errors and omissions insurance or malpractice insurance. It covers legal fees related to your defense as well as any awards or settlements up to your policy limits.
The Tivly customer support center can match you with the provider that best fits your business insurance needs. This gives you the best chance of finding an affordable policy with the coverage you need.
Since Tivly isn’t an insurance company, it can’t provide discounts on coverage. You can check with the insurance companies you choose to see what discounts they offer.
Ultimately, each insurance company sets its own premiums. In general, these premiums are based on:
- Your business type. Each industry has its own risks. A construction company will have different risks to consider than an accounting firm.
- Number of employees. The more employees a business has, the higher the risk is for injuries. Plus, you will pay more to get the coverage you need.
- Location. Insurance companies also consider where your business is located and the risks associated with that location. Remember, the threat of flooding, wildfires, earthquakes and more is still considered even if those odds are quite small.
- Claims history. If you’ve had business insurance before, insurers will consider your claims history when deciding on your premium.
We were unable to find a mobile app from Tivly. But its website is optimized for mobile, so you can visit via your phone’s web browser.
You can contact Tivly at 833-709-1467 from 7 a.m. to 7 p.m. CT. Tivly can provide quotes and some customer service assistance.
Some customer service inquiries and claims will need to be handled by the insurance companies you purchase policies from rather than Tivly.
Using a one-stop shop to get quotes for all the coverage you need can save you time and money. Whether you’re self-employed or running a large, multi-location business, you need to have the right insurance coverage, but there’s no sense in paying more than necessary.
Tivly makes it easy to get a quote from trusted insurance providers. You can compare deductibles, policy limits, and coverage options to find what works best for you. While Tivly doesn’t provide tools for managing your policy online, you can call to get matched with an agent to get you the coverage you need.
Overall, Tivly is worth a visit if you’re buying business insurance coverage for the 1st time or need to update your current insurance policies.
Frequently Asked Questions
What is the Tivly phone number?
You can call Tivly at 833-709-1467.
How can I save money on my commercial insurance policy?
Your best bet is to compare multiple providers side-by-side and find the cheapest rate. Before you begin your search, it’s best to be sure your credit in great shape.
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Benzinga crafted a specific methodology to rank commercial insurance. We prioritized carriers based on coverage options, specialized industries, customer service experience and how quickly and easily you're able to get insured including online tool usage. We also included commercial insurance quote aggregators in lists to make it easy and efficient to compare policy quotes and options. To see a comprehensive breakdown of our methodology, please visit see our Commerical Insurance Methodology page.