We Cover Your Business

Making Your Business Ours

wine shopWhat do a bed & breakfast, an apartment complex and a logging operation have in common? For starters, they are all businesses, but they also have unique risks and demand unique protections from a local agent familiar with you, your neighborhood and your interests.

Keystone National can protect all of the above from loss and liability with commercial and nontraditional insurance packages. Covering food services and habitational risks are among the strong suits of our commercial insurance offerings, but there are other diverse businesses that qualify.

Small- and medium-sized businesses have become integral to the American landscape and are often part of the neighborhood. Neighborhoods are components of larger communities where everyone, resident or businessperson, is more likely to know each other and share common interests. Keystone National covers numerous commercial risks through its Commercial Program by relying on an expert in your neighborhood.

Something like 36 percent of Americans rent their homes, and that makes tenant-occupied dwellings and apartments a big part of many heterogeneous neighborhoods. Keystone National provides coverage to individuals, LLCs and corporations in the business of renting houses as well as apartments, preferably units with eight families or fewer, offering general liability limits as high as $1 million. These rental properties should be occupied year-round, not seasonal dwellings, with attention paid to the condition of the buildings. There are risks which are, in most instances, ineligible for coverage, such as certain student or low-income tenants, high-risk heating units and other exposures.  Our homeowners insurance covers renters, but there are also those in the business of renting to others, and this is one place in our commercial coverage where we cover the risks of people who own apartment buildings and other residential rental properties.

Common classes in Keystone National’s Businessowners Program include, but are not restricted to, the following:

  • Antique shops
  • Apartments
  • Beauticians
  • Bed & Breakfasts
  • Convenience Stores
  • Offices
  • Restaurants
  • Retail Stores
  • Sporting Goods
  • Trading/Contractors Programs
  • Video Stores

Find An Agent close to you for more information or service.

Taking on Forest Industry Risks

logsThe key commodity of any business related to forest products, or course, is wood—a favored four-letter word at Keystone National that is accented in our commercial coverage.  It includes everything from the tree farms and woodlots where the lumber comes from, to the sawmills and lumberyards that process, store and sell wood products. Logging and lumbering are the harvesters of the wood that might end up being purchased by the consumer, such as furniture for houses and pallets for warehouses.

Keystone National expects in return that these businesses be well-managed, and, generally, the risks themselves are small- and medium-sized. Many forest product businesses rely on a small number of employees and include craftspeople.

Following are desired classes under forestry products, but you’ll want to check with your local agent for the particulars:

  • Tree Farms
  • Logging and Lumbering
  • Sawmills
  • Lumberyards
  • Building Supply Dealers
  • Woodworking
  • Cabinetmakers
  • Pallet Manufacturers
  • Furniture Stores 

Serving Up Coverage for Food Providers

pizza shopThe serving of food is a business some insurers prefer to avoid because of the risks involved in providing spoilable goods for public consumption. Restaurants, caterers and other food services are generally regarded as risky businesses, but there are various factors that must be considered in a well-managed operation aside from the food being served, including equipment, location and customers being served.

Risks include food contamination, spoilage, slip-and-fall liability, property damage and, for caterers traveling to and from events, vehicle accidents and breakdowns.

Liquor liability coverage is usually excluded from general liability, but the serving of alcohol is common in the food service industry and we provide this coverage in most restaurant classes.

In terms of property loss and damage, Keystone National takes into consideration building construction and the projected cost of rebuilding in the event of severe loss.

Following are the typical types of food services covered by TW:

  • Restaurants with or without alcohol
  • Fast food restaurants
  • Seasonal restaurants
  • Bars and taverns
  • Catering
  • Social and fraternal clubs
  • Mini marts and grocery stores
  • Convenience stores
  • Ice cream stands
  • Concession and refreshment stands
  • Luncheonettes and delicatessens
  • Hoagie and pizza shops

If you'd like to learn more, Find An Agent near you.

Our Umbrella Keeps You Covered

Commercial umbrella coverage is a protection against catastrophic loss, and that’s because primary liability coverage may come up short if your business is on the losing end of a lawsuit. You can’t add umbrella protection without securing general liability protection. It’s the extra protection “over and above” the primary coverage and takes effect when the primary coverage has been exhausted.

The retained limit, or primary liability, is what you are required to carry, but the umbrella will help pay the ultimate net loss, or the amount your business is actually ordered to pay in a settlement. In essence, Keystone National is agreeing to pay the difference between the retained limit and what you are required to pay.

For more information or service, contact your local agent or Find An Agent near you.

Finally, We Cover Those Special Risks…

There are those unique risks that aren’t part of standard insurance policies because they are occasional, seasonal or once-in-a-lifetime. Some fall under the heading of “event” insurance while others don’t seem to have a logical home. We include them under Specialty Insurance, but most of them seem to be quality-of-life issues.

 It may be a hunters’ or sportsman’s club that is active at a certain time of the year or on occasional weekends. How about an indoor or outdoor specialty market—a flea market or book sale—or seasonal events that last a day, a weekend or a number of months? Booths at fairs or arts festivals would apply, as would food vendors and people selling goods at open-air markets.

A wedding reception or graduation celebration in the backyard with dozens in attendance qualifies as one of those social gatherings or special events. Any special event that brings in outsiders and exposes them to risks may also qualify, as might a property available seasonally for public recreation, such as a lake or pond for fishing, swimming and boating. Campgrounds and mobile home parks fall under this specialty coverage, as do bowling alleys and amateur sports events with multiple teams and participants.

That includes events and activities that seem to have a logical connection, but specialty insurance also covers:

  • Homeowners Associations
  • Vacant Land and Property Tagged for Real Estate Development Other than Home Construction
  • Mini-Warehouses
  • Contractor’s Equipment

Property-only coverage is available to the following:

  • Welding and Machine Shops
  • Auto Body and Auto Repair Shops
  • Personal Care Homes
  • Day Care Facilities
  • Roller Skating rinks

Did You Know?

In dealing with claims, KN relies on a network of adjusters with Chief Claims Officer Dave Schweitzer at the helm. Schweitzer says there were about 2,200 claims between TW and Keystone National Insurance Company in the previous year, with in-house adjusters handling about 58 percent of them. The rest are handled by independents, a number of whom have draft authority of up to $5,000 for quick payment of damages.