BiBerk Insurance

BiBerk is a small business insurer that is backed up by the Berkshire Hathaway Insurance Group. It provides business owners with financial help to protect their businesses from various risks, such as loss of income due to natural disasters, property damage, and expensive lawsuits. With this insurer, business owners can get quotes, purchase policies, and file for claims online or through agents.

BiBerk Insurance specializes in providing straightforward and accessible insurance solutions tailored specifically for small businesses. With a focus on simplicity and convenience, it aims to empower entrepreneurs by offering easy-to-understand policies that protect their ventures from various risks and liabilities.

BiBerk Insurance

By leveraging technology and digital tools, BiBerk streamlines the insurance process, making it efficient and hassle-free for small business owners to obtain the coverage they need. With this insurer, businesses can confidently navigate the complexities of insurance. Knowing they have a reliable partner dedicated to their success and security.

Who is BiBerk Business Insurance good for?

If you’re an entrepreneur looking for simple online coverage from a reputable company, biBerk could be a good match. But if your business needs more specific insurance, like inland marine or directors and officers coverage, they might not have what you need. Also, if you want to bundle different types of insurance, BiBerk might not be the best choice, as only their professional liability insurance is offered in every state. The availability of other policies can vary.

What does Biberk Business Insurance cover?

This insurer helps to provide various financial business protections, such as property damage, loss of income, and expensive lawsuits. However, you can tailor the coverage to your needs with different endorsements. Below are some of the coverage options that are available through this small business insurance company:

Business Owners Policy

This company’s business owner’s policy bundles the main types of insurance into just one policy. Check them out.

  • General liability insurance: General liability insurance steps in if your business is responsible for harming someone else’s property or causing injuries. It helps cover things like medical bills for the injured person and your legal fees if they decide to sue you. This insurance also handles claims related to advertising problems, like accusations of libel, slander, or copyright infringement.
  • Commercial property insurance: This insurance helps pay for fixing or replacing your business building and stuff inside it, up to a certain amount. It covers things like inventory, records, furniture, and electronics.
  • Business interruption: If something like a fire messes up your business and you can’t work, business interruption insurance can help. It pays for the money you would’ve made and the cost of a temporary place to work from.

Professional Liability Insurance

If your business messes up and costs a client money, This insurer’s professional liability insurance can help pay for your legal expenses and any settlements, even if the claim against you isn’t true.

Cyber Liability Insurance

If your business suffers a data breach and customer information gets out, this insurer’s cyber liability insurance steps in. It helps cover things like credit monitoring, fixing identities, managing the situation, and legal fees if you get sued over it.

Commercial Umbrella Insurance

If a claim against you goes beyond what your general liability insurance covers, commercial umbrella insurance gives you extra protection. For example, if your general liability covers up to $500,000 but you’re facing a $700,000 lawsuit, umbrella insurance can cover the extra $200,000.

Commercial Auto Insurance

When you use vehicles for your business, you need commercial auto insurance because regular car insurance usually doesn’t cover business-related driving. With BiBerk‘s commercial auto insurance, you’re protected financially if there’s an accident involving your business vehicles.

Workers Compensation Insurance

Workers’ compensation insurance helps out when your employees get hurt or sick because of work. It takes care of their medical bills and lost wages. If you have more than one employee, your state likely requires you to have this insurance.

Hired and non-owned auto liability insurance

This insurer-hired and non-owned auto liability insurance has your back when you or an employee use a rented, leased, or borrowed vehicle for work. So, if someone uses their car for business and gets in an accident, this insurance helps cover the costs.

Employment-related practices Liability insurance

If one of your employees faces a lawsuit over inappropriate workplace behavior, like wrongful firing, employment practices liability insurance can help with legal expenses.

Employee benefits liability insurance

BiBerk‘s employee benefits liability kicks in if your company messes up managing workplace benefits and someone sues you. For instance, if a mistake leads to a family member not being added to a medical plan, this coverage helps pay for any resulting costs.

Liquor liability insurance

If your business sells or serves alcohol, this company’s liquor liability insurance has your back. It covers injuries and property damage related to alcohol, which is often required by the state. If there’s an alcohol-related problem, this insurance pays for legal fees, medical expenses, repairs, settlements, and court rulings.

Contractors’ installation, equipment, and tool insurance

BiBerk‘s insurance for contractors’ installation, tools, and equipment protects your gear while you’re working, moving it around, or storing it.

Equipment breakdown, boiler, and machinery insurance

Equipment breakdown insurance handles the costs if your equipment breaks down. It covers fixing or replacing the broken stuff and the money lost while things are getting fixed and business operations are down.

How much does Biberk Insurance Cost?

When determining the cost of your policy, this insurer uses factors such as the number of your employees, claims history, insurance limits, and your business industry. It also looks at the number of years your business has been operating, whether you rent or own the spaces and your annual revenue.

How to purchase Business Insurance from Biberk

BiBerk makes buying business insurance easy! Just pop onto their website, click on the “Get a Quote” option, and answer a few questions about your business. Like what you do and how many people you employ. Then, they suggest the best coverage for you.

Pick what you need, and the insurer will ask more detailed questions tailored to your industry. Once you’ve filled in your details, they give you a quote. If you’re happy, you can buy the policy right then and there.

If you ever need a certificate of insurance for your landlord or a client, you can grab one from Biberk’s website. But if you want to add someone else to your policy, you’ll need to give them a call.

This company boasts about offering affordable business insurance online. Still, it’s smart to shop around and compare prices with other companies.

Where is Biberk Insurance Available?

Just so you know, although this insurer offers insurance in all of the 5O states, not all coverage types are available. For instance, it does not sell general liability insurance in these 22 states.

  • Alabama
  • North Dakota
  • Oklahoma
  • Oregon
  • Rhode Island
  • South Dakota
  • Utah
  • Vermont
  • West Virginia
  • Wisconsin
  • Wyoming
  • Alaska
  • Idaho
  • Kentucky
  • Louisiana
  • Maine
  • Montana
  • New Mexico
  • Arkansas
  • Delaware
  • District of Columbia
  • Florida
  • Georgia

With Biberk, you can have a streamlined online application process. This makes it very easy to get a quote and purchase a policy in a few minutes. This insurer is a good one for people who want to purchase a BOP and customize it from there.