Commercial Insurance

G M Peters Agency, Inc. has been insuring the property and liability exposures of Kansas City businesses since 1915. We are dedicated to providing the most innovative, value-added insurance program for our corporate clients. We believe it is not enough to merely provide insurance policies but we are continually looking at ways to add value to the risk management service that we provide. We don't just sell insurance, we partner with you to regularly review, plan, implement changes, and manage your insurance program.

A list and description of some of the commercial insurance products available through our offices is listed here for your convenience. For more information or to obtain a quote on any of these products call 816-781-4922 or complete the on-line proposal request form.

Business Owners Policy

Often called a BOP, this policy combines property and general liability insurance coverage on a single discounted contract. There are several benefits to this policy but it is intended for smaller, less risky commercial accounts. Some of the coverages that may be included in a BOP policy are:

• Damage or destruction to your office equipment or inventory
• Loss of income in case you have to close-up shop temporarily because of a covered property loss
• Certain business related liability exposures such as bodily injury or property damage caused by your negligence as well as libel, slander and even certain offenses arising out of your business's advertising
• Risks to your cargo while in transit or storage
• Theft or loss of tools and equipment
• Crime coverage including robbery, burglary, even employee dishonesty

Property Insurance

Protects the physical assets of a business from covered causes of loss (i.e. fire, vandalism, smoke, windstorm, lightning, etc). Physical assets of a business include buildings, personal property such as inventory and furniture & equipment as well as computers and cash.

There are numerous consequences that a business could incur if their property is damaged. These property loss consequences include:

• Reduction in value
• Extra cost to replace
• Cost of debris removal
• Business Interruption (loss of income)
• Extra cost to operate
• Loss of use value in betterments and improvements

Boiler and Machinery Insurance

Even if you do not own a boiler, you may need this coverage. The term boiler and machinery insurance is gradually being replaced with terms such as equipment breakdown or mechanical breakdown coverage. This insurance provides coverage against the sudden and accidental breakdown of boilers, machinery or equipment, including computer systems and telephones/communication systems. Coverage usually includes reimbursement for property damage, expediting expenses (e.g., express transportation charges), and business interruption losses.