Specialty Insurance Solutions in the Tri-State Area

Two people discussing documents at table.

2. Contractor Program

With more than 50 years of experience insuring contractors and our longstanding relationships with top-rated, financially secure insurance companies we have positioned ourselves to provide your company with a quality program that fits your financial plan.

Our suite of coverages includes everything from general liability, professional liability and commercial umbrella insurance, to property insurance, builder’s risk, inland marine, business interruption and equipment breakdown, and commercial auto, employment practices insurance and workers compensation.

At the Parker Agency we use our extensive industry experience to create programs that cover the diverse exposures that contractors may have. Whether you’re working on a large project or a simple renovation, we will set you up with insurance solutions that will protect your company from unanticipated accidents, losses, and injuries while helping mitigate your risks.

In the contracting world time is everything. We pride ourselves in our responsiveness, action and follow through. Putting a comprehensive program in place for you is a start. Helping you administer this program whether it is something as simple as a certificate of insurance or as complex as a messy claim is what truly sets us apart.

Critical Coverage Review

Some of the important coverages that contractors should review with us due to the coverages often times being incorrect or insufficient are as follows:

Liability insurance is required by the state of New Jersey for all trade contractors. There are various types of liability insurance included in your policy: premise liability, off-premise liability, products/completed operations liability, advertising liability, among others.

Liability Insurance

If you have any employees, workers compensation is required. And in some states, such as New Jersey, worker's compensation is required if you are a corporation. Employees are classified by their job duties, and a rate is charged for each $100 of payroll. Class codes for contractors have an extremely wide range of rates, so you want to make sure that you and all of your employees are classified correctly. Workers’ compensation ensures that employees involved in accidents are not only taken care of medically, but that they are paid at least a portion of their salary if they have to miss work.

Worker's Compensation

Also called an umbrella policy, excess liability provides additional coverage over and above your other liability policies (general liability, auto liability, worker's compensation, etc.) They are typically inexpensive in comparison to all other policies and can be a very effective way of protecting your contracting business from a catastrophic liability claim.

Excess Liability

So often, we as an agency see contractors grossly underinsured in this coverage area. Part of our commitment to our contractors is to ensure that they are covered properly. By utilizing our business personal property/inland marine processes checklist and coverage aggregator, we will help you feel secure that if a claim occurs, you will be paid the amount that you need to replace your tools and equipment.

Tools and equipment

Even if you don’t own a vehicle in the name of your contracting company, auto insurance is essential for your business. Auto insurance not only covers vehicles that you may own, but also non-owned (employee’s vehicles) or vehicles that you may rent going to a job site as an example.

Commercial Auto Insurance

Fast Response & Trusted Service

We pride ourselves in our exemplary record of responsiveness. Time is crucial and communication is key. Our customers can trust us to be there for them when they need us. Some of the important coverages that garages should review with us due to the coverages often times being incorrect or insufficient are as follows:

Contact us today to find out more about our competitive programs!

MANUFACTURING/WHOLESALE DISTRIBUTION

Parker Agency offers specialized insurance for manufacturers and wholesale distributors, addressing risks like equipment failure, supply chain disruption, and product liability. We design cost-effective programs that align with your business goals.

From production to delivery, our policies cover key exposures with trusted carriers—helping keep your operations running and your assets protected.

  • Property & Equipment
  • Product Liability
  • Business Interruption
  • Workers Compensation
  • Commercial Auto
  • Cyber Liability

We’re responsive, experienced, and here when you need us—whether it’s a simple question or a complex claim

Industry inside view

Some of the Coverages for Your Brewery to Consider Are

  • General Liability Insurance
  • Liquor Liability Insurance
  • Property Insurance
  • Commercial Auto Insurance
  • Hired and Non-owned Auto Insurance
  • Workers Compensation Insurance
  • Excess/Umbrella Liability Insurance
  • Employment Practices Liability Insurance
  • Property-in-transit Insurance
  • Mechanical Breakdown Insurance
  • Spoilage Insurance
  • Product Recall Insurance
  • Business Interruption
  • Cyber Liability

4. Technology Insurance Program

Why Use a Specialist for Your Technology Insurance Needs?

All insurance agents understand technology insurance, right? Wrong. Unfortunately, most agents/brokers don’t have the knowledge to properly address the risks associated with technology. Our agency has made a commitment to the technology industry to provide our knowledge and experience in this field. Standard commercial insurance policies actually exclude most of the critical risks that technology companies face.

Protection Beyond Basics

The last thing that you want to worry about is whether your insurance coverage will protect you in the event of a claim.

Technology businesses need coverage for allegations that their product or service was flawed, and it resulted in financial loss to a client or competitor. Whether or not these allegations have merit, you still must defend yourself in the event of a lawsuit.

Technology companies need insurance programs that protect them from a wide variety of threats, including:

  • Breach of Contract/Warranties
  • Failure to Perform
  • Theft of Intellectual Property
  • Network and Security Breaches
  • Errors or Omissions
  • Communications & Media
  • Cyber Liability

Companies who should have specialized coverage include:

  • Software developers
  • Web Developers
  • Telecommunications providers
  • IT professionals
  • Hardware manufacturers/assemblers
  • Value-Added resellers
  • System integrators
  • Security consultants
  • E-Commerce
  • ISP’s
  • WiFi Providers

Focused on Tech Risks

The technology field is a very unique and ever-changing industry. In meeting with technology companies, it quickly became apparent to us that many simply didn’t have an agent that understood their risk exposures and how to properly address and cover these risks. Our mission is to provide our expertise, service and reliability to the technology community.