Business or Commercial Insurance
Missouri has over 450,000 active small businesses with over 200,000 self-employed small business
owners. Whether you operate a part-time business to supplement your primary income or have a
full-scale, full-time business, Farm Bureau Insurance can provide the insurance you need to protect
From St. Louis to Kansas City to all the small towns throughout Missouri, we have a
Farm Bureau Agent in your area to assist you with your business needs.
Providing the broad coverages you need and the flexibility you want, our Commercial Package Policy can be tailored
to your business.
Coverage is available for a variety of Business Insurance needs:
- Business Owners
- Commercial Fire
- Umbrella Liability Policies
- General Liability
- Package Policies
- Inland Marine
- Selected Professional Liability
- Loss of Income
More optional coverages are also available. Contact a Missouri Farm Bureau Agent for specific details..
Business Insurance Coverage Descriptions
Our agents, your risk management specialists, will guide you through the types of risks your business may be exposed
to and offer coverage solutions specific to your business. These descriptions can be used as a general guide to unique
business coverage options.
BONDS - The surety bond demonstrates the company will abide by the obligee’s rules and regulations. A business
service bond protects customers from any loss incurred from dishonest acts by employees and business owners. Most importantly,
clients/customers will be glad to know that employees are bonded in case theft arises.
BUILDING AND STRUCTURES ON PREMISE - Coverage for Building and completed additions and fixtures, such as
outdoor fixtures and permanently installed machinery and equipment.
BUSINESS INCOME - Provides protection against loss of income and extra expenses when you cannot operate your business because of a covered loss.
This coverage will help replace net income that would have been earned if the loss had not occurred. It helps cover ordinary
payroll expenses for employees for the time required to either repair or replace the business premises, up to the policy limits.
BUSINESS LIABILITY PROTECTION - Protects if someone is injured on your property due to your negligence.
Your liability policy may pay for their injuries and any legal costs.
BUSINESS OWNERS POLICY (BOP) - A business owner’s policy (BOP) is a special type of commercial insurance
designed for small and medium-sized businesses. BOP combines protection for all major property and liability risks in
one package and is typically sold at a premium that is less than the total cost of the stand alone coverages.
BUSINESS OWNERS DISABILITY POLICY - This business expense DI policy reimburses the business owner monthly
for eligible fixed business expenses should the owner become sick or hurt and totally disabled.
Eligible business expenses that may be covered include lease or rent payments, utilities, office maintenance and
repairs, billing and collection fees, depreciation, mortgage and loan interest, property and payroll taxes, property and
liability insurance, and employee salaries.
BUSINESS PERSONAL PROPERTY - Coverage for property that the business owns and that is used in the business,
such things as furniture, shelving, stock and other contents. It can also protect property from losses away from the
business, such as at a client's office.
COMMERCIAL AUTO - If company vehicles will be used, those vehicles should be fully insured to protect
businesses against liability if an accident should occur. At the very least, businesses should insure against third-party
injury, but comprehensive insurance will cover that vehicle in an accident, as well.
CYBER LIABILITY - There is a risk posed by conducting business over the Internet, over other networks or
using electronic storage technology. Insurance can be bought and "risk based" security strategies can be used to mitigate
against both the first- and third-party risks caused by cyber liability.
DIRECTORS AND OFFICERS LIABILITY - The combination of specialized products targeting for-profit,
non-profit, and community associations risks. Provides coverage for situations where a poor decision was made
by a company’s board of directors or officers resulting in a claim for damage.
EQUIPMENT BREAKDOWN - Provides coverage for loss due to mechanical or electrical breakdown of nearly
any type of equipment. Coverage applies to the cost to repair or replace the equipment and any other property damaged
by the equipment breakdown. Resulting business income and extra expense loss is often covered as well.
EMPLOYEE DISHONESTY - Employee dishonesty is any fraudulent act committed by an employee or a group
of employees and could potentially result in financial losses for a company. To protect its interest, a company
may purchase a commercial crime policy or a standalone employee dishonesty insurance.
EMPLOYMENT PRACTICES LIABILITY INSURANCE (EPLI) - Liability insurance covering wrongful acts arising from the employment process. The most
frequent types of claims covered under such policies include: wrongful termination, discrimination, sexual
harassment, and retaliation. EPLI policies are written on a claims-made basis.
FIRE LEGAL LIABILITY - Provides coverage for fire damage to premises you rent or occupy with
the landlord’s permission. You must have been negligent in causing the fire for this coverage to respond.
FLOOD AND EARTHQUAKE - Typically excluded from business owners policy.
GROUP HEALTH - Offering health insurance tells prospective and current employees that the company
cares for its workers. Providing employer sponsored health coverage could allow for additional tax deductions and
credits should the business qualify for them.
LIQUOR LIABILITY - Protects against claims for injury sustained by reason of selling, serving or
furnishing any alcoholic beverage during the course of the business operations.
PRODUCT AND COMPLETED OPERATIONS - Provides protection for bodily injury and property damage that
occurs away from premises that are caused by the products or work performed by the business.
PROFESSIONAL LIABILITY - Professional liability insurance, also known as errors and omissions (E&O)
insurance, covers a business against negligence claims due to harm that results from mistakes or failure to perform.
There is no one-size-fits-all policy for professional liability insurance. Each industry has its own set of concerns
that will be addressed in a customized policy written for a business.
UMBRELLA - Also called excess liability, a commercial umbrella insurance policy can give additional
coverage to several smaller policies in place for your business. Generally, those policies may be your general liability
policy, your employer's liability, and hired and non-owned motor vehicle policies.
WORKERS COMPENSATION - Once the first employee has been hired, workers' compensation insurance should
be added to a business’s insurance policy. This will cover medical treatment, disability and death benefits in the
event an employee is injured or dies as a result of his work with that business. Even if employees are performing
seemingly low-risk work, slip-and-fall injuries or medical conditions such as carpal tunnel syndrome could result in a pricey claim.
*The statements of coverage are subject to certain exclusions and conditions. Only the policy form
contains the actual insurance contract.
Find An Agent
Just like you, our agents live here. Your calls will receive personal attention, and we promise to assist you with
professionalism and quality customer service. With more than 200 agents across Missouri, and at least one in every county,
if you live in Missouri, we have an agent for you.