Effective October 1, 2023, Rooney Insurance will be located at 5100 E Skelly Dr, Suite 1010 in Tulsa, Oklahoma
Effective October 1, 2023, Rooney Insurance will be located at 5100 E Skelly Dr, Suite 1010 in Tulsa, Oklahoma
Rooney Insurance Agency has dependably served businesses in several states for decades. In that time, we have earned a reputation for outstanding client care, delivering comprehensive insurance solutions that meet or exceed the needs of each client. Our commercial property & casualty insurance lines are designed to provide coverage for the unique risks you face in your business operations. Sometimes referred to as commercial lines insurance, this insurance solution protects businesses against financial losses arising from accidents, lawsuits, and adverse events like natural disasters. Each commercial policy offered by Rooney Insurance Agency is tailored to fit the exact needs and risk exposures of each client.
Commercial property & casualty insurance typically has several parts, depending on the size and type of business covered as well as specific operational needs or attributes of the business. These parts may include:
To grasp the significance of commercial property and casualty insurance more fully, examining various claim scenarios can be enlightening. Consider a scenario where a large manufacturing firm, with hundreds of employees, sees its factory devastated by a wildfire, a natural disaster. The absence of insurance to safeguard the company’s infrastructure, machinery, and tangible assets translates into multimillion-dollar losses from the fire, jeopardizing the firm’s operational continuity. Adequate insurance coverage, on the other hand, would classify such a natural disaster as an insurable event, enabling the company to recover the funds necessary for a complete operational restoration. Commercial property insurance typically encompasses protection for a company’s buildings and their contents, often extended to include business interruption insurance. This latter coverage is crucial for compensating the company during periods it cannot produce or provide its services post-disaster. Highlighting fire prevention measures within this context underscores the value of proactive strategies, such as installing fire detection and suppression systems, supervision from Fire Watch Security in Miami Springs, to mitigate risks and potentially reduce insurance premiums, thereby safeguarding the company’s physical and financial health.
The next scenario involves a construction project. Due to unforeseen circumstances, a significant portion of the building being constructed collapses, leading to extensive property damage and injuries of workers on the job site. Without insurance, such an event can lead to hundreds of thousands or even millions of dollars in claims – claims that can severely impact a company’s ability to continue operations. With commercial insurance policies in place, claims arising from adverse events, negligence, and accidents on the construction site are covered, allowing the business to continue without the devastating financial losses that may come from a workplace disaster.
At Rooney Insurance Agency, our experienced team understands that each business is different, and may face unique risks as it delivers its products or services to customers. Cookie-cutter insurance solutions may have their place in some businesses, but we believe in a more tailored approach. Each business is evaluated carefully, taking into account the unique circumstances and operations that define the business. Then, we develop comprehensive insurance solutions that provide coverage from both expected and unforeseen risks.
Our commercial property & casualty insurance lines are backed by some of the most respected insurance carriers in the world. With our help, you can protect your business, your employees, and your assets with competitively-priced insurance products that meet your specific needs.
