Owning a business is not for the faint of heart and protecting your valuable assets is imperative. Consequently, having enough commercial insurance to cover your business, employees, and other assets is one of the best ways to protect your livelihood. Similar to auto or homeowners insurance, commercial insurance is designed to provide monetary support in the event of a covered incident such as damage from a storm to your workplace or an injury sustained by an employee while on the clock. In Pennsylvania, state law requires that businesses carry two types of insurance – workers’ compensation and commercial auto insurance. What do these two insurances cover you ask? In simple terms, workers’ compensation helps pay for covered injuries or illnesses sustained by your employees while working while commercial auto insurance covers any business-owned vehicles. Some businesses may require their employees to use personal vehicles for work functions, but it is important to remember that most commercial auto insurances won’t cover any incident that occurs on business time. Consequently, investing in hired and non-owned auto insurance is a great way to build trust from your employees and protect all parties from being liable for 100% of damages in an accident. 

Keep in mind that in Pennsylvania, even just one part-time, seasonal or full-time employee requires the business to carry workers’ compensation insurance. Failure to have insurance for your business can have costly repercussions including fines from the state and is on the hook for thousands and thousands of dollars in damages if your business is found to be liable in an incident. 

When it comes to finding a commercial insurance policy, give the team at Saucon Insurance Agency in Bethlehem, PA a call to schedule a no-obligation consultation. 

One of the most difficult parts of being a business owner is retaining employees. Finding the best people is a challenge but the real challenge is how to keep them and that is where employee benefits come in. It can often make the difference between saving and losing your best people. At Saucon Insurance Agency in Bethlehem, PA, we understand the needs of our clients and we work with them to provide the benefit packages that will work best for their particular business. 

Employee benefits are things that are offered to employees in addition to their compensation. In most cases, the majority of benefits are offered to employees who work between 30-40 hours. A variety of insurance products can be offered but it is important to keep in mind that if you have employees across several states the broker must be licensed in the states you do business in. 

Health insurance is one of the most attractive employee benefits. You should offer several different policies, from one carrier or multiple carriers to fit the needs of your employees. Vision and dental coverage also are part of any good employee benefits packages. You may also be able to add an HSA (healthcare savings account) to the options you offer to your employees.

Life insurance is a benefit that is very appealing to employees. Long and short-term disability insurance protects employees in the event they are seriously injured or sick and need to be out of work and it is not the result of a work injury. 

In Bethlehem, PA  Saucon Insurance Agency has been providing exemplary customer service for more than 100 years. We have the expertise you are looking for when it comes to employee benefits insurance. We look forward to sitting down with you and discussing those needs and giving you a no-obligation quote.