ADC Agency


Help you avoid problems when you have a problem.

Business insurance coverage protects businesses from losses due to events that may occur during the normal course of business. There are many types of insurance for businesses including coverage for property damage, legal liability and employee-related risks.

It's important to have business insurance because the financial consequences of a potential mishap could easily wipe out the assets of a small business. Insurance provides protection in case customers or passersby experience harm at the hands of your company, or if your company is harmed by an incident such as a fire.  Business auto insurance protects the auto property and provides liability protection when business vehicles are involved in accidents.

Business insurance can help pay the costs of property damage, lawsuits, lost business income, and other covered losses. To help protect against specific risks unique to their situation, businesses often buy multiple coverages and combine several in one policy.

Here are some insurance types that a business must have in place as soon as possible.

Do you need business insurance?   If your business employs people you are legally required to buy employers' liability insurance. You'll also need commercial motor cover if your business uses vehicles such as delivery vans or motorbikes.

Four steps to buy business insurance

Assess your risks. Think about what kind of accidents, natural disasters, or lawsuits could damage your business. ...

Find a reputable licensed agent. Commercial insurance agents can help you find policies that match your business needs. ...

Shop around. ... Re-assess every year.

An LLC creates a divide between your personal assets and your business's. This means that even if you face a lawsuit, your personal assets should be safe. ... For that reason, some LLC owners may think they don't need liability insurance. But while an LLC does offer some protection to business owners, it's not magic.

Being a sole proprietor has plenty of perks:

But it's not all roses. If you're a sole proprietor, there is no legal divide separating your personal assets from those of your business. If you're sued, that can spell trouble.

That's why many sole proprietors opt to incorporate as a limited liability company (LLC). But no matter which business structure you choose, you can still benefit from new business insurance.

If you're a sole proprietor and your business is on the losing end of a big lawsuit, you could lose your business’s money and property and your own, too. Sole proprietor insurance can help make sure you have the funds to cover your business debts so your personal assets aren't in jeopardy.

“Sole proprietors are very exposed to personal liability. Anything that their business is liable for, the sole proprietor is equally liable for,” says Charles Krugel, a management-side labor and employment lawyer and HR counselor. “Consequently, it makes sense for sole proprietors to purchase liability insurance, such as errors and omissions insurance, employment practices liability insurance, or other sorts of business insurance.”

You may not be legally required to purchase sole proprietorship insurance, but you definitely up your risk exposure by not doing so.

Limited Liability Company (LLC)

Shields personal assets from business liability

Requires separation of business and personal finances

Allowable in all 50 states and the District of Columbia

Highly flexible management structure

Flexible tax reporting options

Preferred by outside investors

Preferred for IPO

Recognized outside of the United StatesStart my LLC

Corporation (Inc)

Shielsds personal assets from business liability

Requires separation of business and personal finances   (Very important)

Allowable in all 50 states and the District of Columbia

Highly flexible management structure

Flexible tax reporting options

Preferred by outside investors

Preferred for IPO  (Initial Public Offering)

Recognized outside of the United States

Limited Partnerships: when there are two business partners (known as "general partners"), they normally seek to get other partners (called "limited partners") to join them in a business venture. The general partners accept all liability; limited partners have no liability outside of their investments (unless they otherwise agree) and minimal, if any, management rights. Limited partners simply provide much of the cash. These partnerships are more costly to set up and are often used for projects that are considered "one-time" projects.

Corporations: “C” Corporation structures are separate entities, which makes the formation more complex. When something of value, money or property is exchanged for stock in a company, a corporation exists. This enables a corporation to raise its own money, which can be appealing for entrepreneurs. Corporations also must file specific legal documents with state agencies. Many entrepreneurs like corporations due to the liability protection - only the assets of the corporation are at risk, and not personal income or assets. There’s always a price for such benefits: owners of corporations are taxed double on any business earnings: the corporations is subject to state and federal income taxes, and earning distributed to shareholders (via dividends) are also taxed at individual tax rates on their personal returns.  Also allows for the sale of stock at a specific price and the shareholders own only the stock in the corporation and sell their interest anytime.

ADC Agency is an insurance agency in the business of  helping its clients avoid problems when they have a problem.  If we all  had crystal  balls to fortell future events, we would not need insurance. Choosing the right coverage, from the right insurance compane, at the right price, requires Professional analysis.  ADC has on staff Insurance Professionals who can assist the business owner in the selection process. Getting the cheapest insurance is a poor way to make sure a business has the property protection.  Call us.  H ave your documents ready for an evaluation .  If  your  owns buildings, vehiclles, heavy equipment, etc., you will need to furnish the documentation and the last five years of  loss runs (claims).  You can use the forms on this website or just have these documents ready to send to us once you are in contact with our professional  agents.  Our system  accepts Pdf, jpg, Word, Excell and Word Perfect files of the same ilk. Once we receive your documents, our staff will review and evaluate your needs.  This service is free of charge.  ADC has relationships with many insurance companies and has the ability to obtain multiple offers of coverage to evaluate.  You don’t have to do this yourself, we do it for you free of charge. You are not obligated in any way, the final decission is yours.  

770-343-8936 or go to the HOME page and provide your contact information.

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