Whether you run a small business, are starting a new venture, or are part of a large diversified company, you can count on Sandy Spring Insurance to act as your professional insurance representative. We work on your behalf, to negotiate the best coverage for your specific business needs. At Sandy Spring Insurance, our priority is to present your business risks appropriately to insurance carriers in order to negotiate a comprehensive and competitive insurance program with the insurance company that is right for you. Our risk management professionals are recognized for their creativity and diligence throughout the process of purchasing and maintaining insurance coverage. This is coupled with recommendations on actions you should take to best protect your business in other areas in order to limit the overall risk. A representative sample of our expertise includes the following coverage areas.

Property Insurance
“First Party” insurance of real and personal property against physical loss or damage.

Casualty/Liability Insurance
Protection for legal liability for personal and bodily injury or damage to property of others.

Employee Dishonesty Coverage/Crime Insurance
Coverage for employee theft of money, securities, or property.

Electronic Data Processing Coverage
All risk property insurance for electronic data processing equipment, computer programs, and data. Typically includes coverage for perils to which such property is especially susceptible: mechanical breakdown, electrical injury, and changes in temperature and humidity.

Business Income Coverage
Insurance covering loss of income suffered by a business as a result of not being able to use property damaged by a covered cause of loss, during the time required to repair or replace it.

Builders Risk Policy
A property insurance policy that is designed to cover property in the course of construction or remodeling.

Professional Liability or Error & Omissions Insurance
Protects the insured company against liability for committing an error or omission in performance of professional duties. These policies are designed to cover financial losses to your clients as a result of your work.

Directors & Officers Liability Insurance
Insures corporate directors and officers against claims, most often by stockholders and employees, alleging financial loss arising from mismanagement. The policies contain two forms of coverage; the first reimburses the insured organization when it is legally obligated to indemnify corporate directors and officers for their acts; the second provides direct coverage to directors and officers when the organization is not legally obligated to indemnify them.

Employment Practices Liability
A form of liability insurance covering wrongful acts arising from the employment process. The most frequent types of claims alleged under such policies include: wrongful termination, discrimination, and sexual harassment.

Fiduciary Liability
The responsibility of trustees, employers, fiduciaries, professional administrators, and the plan itself with respect to errors and omissions in the administration of employee benefit programs as imposed by the Employee Retirement Income Security Act (ERISA).

Workers Compensation
Provides benefits to employees for any injury or contracted disease arising out of and in the course of employment. This is written in conjunction with Employers Liability, part two of the basic workers compensation policy, which pays on behalf of the insured (employer) all sums that the insured shall become legally obligated to pay as damages because of bodily injury by accident or disease sustained by any employee arising out of and in the course of employment.

Commercial Umbrella
A form of liability insurance protecting policy holders for claims in excess of the limits provided on the liability, workers compensation and commercial automobile policies.

*Not FDIC Insured *No Bank Guarantee *Not a Bank Deposit
*Not Insured by Any Government Agency *May Lose Value