Here are some Commonly asked questions to get you started.



I am starting a new business, what coverage do I need?

Insurance needs can vary for every business but the basic coverage needed are Property, Liability, Umbrella, Automobile, and Workers Compensation. Depending on the industry there can be additional coverage needed to be properly insured.

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Why should I work with an Independent Insurance Agent?

When it comes to insurance, an independent insurance agent is focused on your specific needs. They have the ability to gather your information and find the insurance carrier that will suit you best, at the most competitive price. The benefits do not stop after the insurance carrier is chosen. Your independent agent will continue to bring top of line customer satisfaction, because serving you is their most important concern. They will review your account annually to ensure that everything is up to date and no changes are needed.

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What is Cyber Liability? And do I need it?

Cyber Liability offers first party (your loss) and third party (your customer's loss) coverage associated with e-business, the Internet, networks and other electronic assets and information. First-party coverage is available for network extortion, business interruption and extra expense, loss or damage to a network, and e-theft. Third-party liability includes media liability, privacy liability, network security liability, and costs to comply with privacy breach notification laws and defense of privacy regulatory proceedings.

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How are workers compensation premiums calculated?

Worker's Compensation premiums are determined by multiplying a state set manual rate by the amount of estimated payroll (measured in $100 increments), times your individual experience rating modification.  

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Does my business need employment practices liability?

Employment Practices Liability covers allegations of employment-related discrimination and sexual harassment, or retaliation against an employee. The cost of defending your business against these types of allegations can be considerable.

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What is the difference between replacement cost and actual cash value?

Replacement Cost is the cost to replace the property on the same premises with other property comparable material and quality used for the same purpose. Actual Cash value is the cost to replace with new property of like kind and quality, less depreciation. The difference between replacement cost and actual cash value is a deduction for depreciation.

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Do I need to cover independent sub-contractors for workers compensation?

No, you are not required to cover independent sub-contractors for Worker's Compensation.  But, if the independent sub-contractor does not have a Worker's Compensation policy in place to cover their business they would be automatically covered under the hiring company's Worker's Compensation policy.  It is important to request a certificate of insurance showing a Worker's Compensation policy is in force from all independent sub-contractors prior to allowing them to perform work.   

Independent sub-contractors who have no employees or who are not required to be insured may buy a policy to cover themselves.

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Why do I need Umbrella Liability Coverage?

Umbrella Liability insurance offers an additional layer of protection over your primary policies. Umbrella policies are typically less costly than the underlying coverage and are a good value to build your overall protection program.

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What is the difference between General Liability and Professional Liability?

General Liability covers bodily injury or property damage to a 3rd party.  Professional Liability insurance provides coverage against claims of negligence or mistakes that cause financial harm to another person or company, and covers both the obligation to pay damages for covered claims, as well as the cost to defend against such claims.

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Commercial Insurance

Whether you own a large corporation or a small shop, our commercial insurance professionals will build you a comprehensive program that fits the needs of your business.

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Employee Benefits

From group health insurance to retirement plans, employee benefit programs can play an integral part in attracting and retaining employees.  In addition to offering the most up-to-date products in the industry, we have the knowledge and experience to help you choose and implement a program that will attract employees, yet control costs.

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Experience the Ansay Way

The Ansay Approach™ is relationship-driven and solutions-oriented and is driven by the individual needs and risk management for each customer, personal and/or business. The Ansay Approach™ is a proven, four-step, strategic process:

Our Goal for Each and Every Client:

  1. Identify and understand our client's needs and exposures
  2. Develop and offer strategies to address the needs, exposures and issues identified.
  3. Design and implement tailored programs to meet our client's needs
  4. Monitor the programs and make proactive changes as needed