The Mitchell Insurance Agency has been helping businesses across NJ, NY, PA and over 25 other states in the United States since 1961.  Our goal is to make sure your business is properly protected.  Whether you have a small local business or a large corporation, each client is important to us.

Our team offers professional service and advice to ensure you have the protection you need. Give one of our professional, licensed agents a call today for a free, no obligation quote 973-383-5800.


Bond insurance (also known as “financial guarantee insurance”) is a type of insurance whereby an insurance company guarantees scheduled payments of interest and principal on a bond or other security in the event of a payment default by the issuer of the bond or security. As compensation for its insurance, the insurer is paid a premium (as a lump sum or in installments) by the issuer or owner of the security to be insured.

Bond insurance is a form of “credit enhancement” that generally results in the rating of the insured security being the higher of (i) the claims-paying rating of the insurer and (ii) the rating the bond would have absent insurance (also known as the “underlying” or “shadow” rating).

Business Auto Insurance

shutterstock_3536063Commercial/Business Auto coverage insures vehicles that are owned, leased, hired or borrowed by businesses, whether they are associations, corporations, partnerships or sole proprietorship. Business Auto coverage may be used to insure private passenger autos and all types of trucks, trailers, semitrailers and commercial vehicles designed for use on public roads. There are many different auto programs that can be altered to fit you and your business needs such as specific coverage and deductible options.

Business Owners Policy

A Business Owner’s Policy (BOP) is a comprehensive insurance package that combines coverage for major property and liability insurance risks, and many optional additional coverages, into one convenient policy. Most small- to medium-sized businesses can benefit from the conveniently packaged policy of property and liability coverage.

A Business Owner’s Policy provides both property and liability coverage, as well as business income insurance, which compensates you for lost business income and necessary operating expenses following a disaster.

Commercial Package Policy

Commercial Package Policy (CPP) A Commercial Package Policy is typically written for small to medium sized businesses accounts and will include at least two or more lines of insurance coverage such as:

  • Property
  • General Liability
  • Business Auto
  • Crime
  • Inland Marine Insurance

Eligible classes of businesses include light manufacturing, processing and service, habitational, retail, office, and wholesale risks.

Crime Insurance

Crime insurance is insurance to manage the loss exposures resulting from criminal acts such as robbery, burglary and other forms of theft. It is also called “fidelity insurance”. Many businesses purchase crime insurance that allows them to file claims for employee theft or other offenses with the potential to cause financial ruin.

Because crime insurance loss exposures can vary significantly among policyholders and require special underwriting skills, insurers prefer to insure certain types of crime insurance loss under separate Commercial Crime Insurance forms. These forms allow organizations to cover crime losses that are not insured under other insurance policies.

Cyber Liability Insurance

shutterstock_118734829In an age where it is impossible to run your business without the use of technology, protecting your business against cyber incidents is crucial. Whether it is a data breach or damage to the network Cyber liability insurance alleviates any losses and help you maintain a dependable, professional website.

Cyber Liability addresses the first-and third-party risks associated with e-business, the Internet, networks and informational assets. It offers cutting edge protection for exposures arising out of Internet communications.

The risk category includes privacy issues, the infringement of intellectual property, virus transmission, or any other serious trouble that may be passed from first to third parties via the Web.

Our agency highly recommends that you consider purchasing this coverage.

Directors & Officers Liability Insurance

This type of insurance is generally purchased by corporations and nonprofit organizations to cover the cost of lawsuits for alleged wrongful acts while acting in the capacity as directors and officers for an organization.

Employment Practices Liability

Employment Practices Liability Insurance provides protection against the risk that an employer might face. These risks may be related to discrimination, workplace harassment, wrongful termination, third party or other employment related claims.

Our agency highly recommends that you consider purchasing this coverage.

Errors & Omissions Insurance

Mistakes happen, if you have a specialty that has a substantial risk of liability, don’t you want to be covered? Errors and Omissions insurance is professional liability coverage for claims relating to either providing a professional service or failing to provide a professional service. No matter what profession you’re in, an error or omission – even a simple mistake – which causes financial harm to another, can put you at risk. This type of policy can help protect you or your company from bearing the full cost of defense and damages for lawsuits that may occur. This is a separate coverage from your standard general liability or property insurance.

Flood Insurance

shutterstock_99706355Give your commercial property the extra coverage it may need with Commercial Flood Insurance. Your General Liability may not cover flooding due to heavy rain, snow or costal weather. Commercial flood insurance is an essential and sometimes required, extra protection for your business.

  • A general and temporary condition of partial or complete inundation of 2 or more acres of normally dry land area or of 2 or more properties (at least 1 of which is the policyholder’s property) from:
    –Overflow of inland or tidal waters; or
    –Unusual and rapid accumulation or runoff of surface waters from any source; or
    –Mudflow; or
  • Collapse or subsidence of land along the shore of a lake or similar body of water as a result of erosion or undermining caused by waves or currents of water exceeding anticipated cyclical levels that result in a flood as defined above.

Inland Marine Insurance

shutterstock_161013377Inland marine insurance in the United States indemnifies loss to movable or specialized types property, historically developing as an outgrowth of ocean marine insurance. This category of insurance includes property coverage for construction equipment, medical diagnostic equipment, fine arts, solar panels and wind turbines, cameras and movie equipment, musical instruments, and a wide variety of other types of property.

The inland marine insurance definition has evolved over time to cover a wide range of property and materials:

  • Property in transit
  • Property in the custody of a bailee
  • Property deemed to be an instrumentality of transportation or communication, such as bridges and radio towers
  • Mobile medical equipment
  • Contractors equipment

General Liability Insurance

Woman handshaking with a mechanicCommercial General Liability coverage is known as “third party” coverage and protects an insured party against injury or damage claims made by other parties. There are policies that provide coverage for liability arising out if the following:

  • Premise and Operation
  • Fire Damage Liability (damage by fire to premises rented to insured)
  • Personal Advertising Injury
  • Medical Payments
  • Products/Completed Operations

There is the option for some companies to consider a Business Owners Package which combines your Liability, Property and other types of coverage into one comprehensive policy which can help you save time and money on your total insurance programs.

Due to the fact that we live in the age of numerous million dollar lawsuits, Commercial Umbrella policies are strongly recommended to expand your coverage.

Product Liability Insurance

When selling products to the public your business run the risk of legal action from defective products, design defects, and defective warning labels or instructions. Even if the claims are unfounded, the legal cost and fees may be excessive. Product Liability coverage protects your company from these allegations and lawsuits.

Product liability is the area of law in which manufacturers, distributors, suppliers, retailers, and others who make products available to the public are held responsible for the injuries those products cause. Although the word “product” has broad connotations, product liability as an area of law is traditionally limited to products in the form of tangible personal property.

Professional Liability Insurance

Businesses and individuals who provide professional advice and services should be protected from bearing the full cost defending against negligence claims against them. Professional Liability Insurance covers this along with damages awarded in such lawsuit. Common examples of this type of policy are Errors & Omissions and Malpractice Insurance.

Property Insurance

shutterstock_13819744Property Insurance covers the risk of property loss in a variety of commercial situations which include, but are not limited to: commercial buildings, equipment, furniture, fixtures, business records, supplies and other physical items that are assets to your business. Property Insurance may cover direct losses when property is lost, stolen, damaged or destroyed.


Umbrella insurance is a liability-type policy that will protect the assets and future income of the policy holder above and beyond the standard limits on their primary policies. Umbrella insurance refers to liability insurance that is in excess of specified other policies and also potentially primary insurance for losses not covered by the other policies.

Our agency highly recommends that you consider purchasing this coverage.

Workers Compensation

shutterstock_88415269Workers Compensation coverage applies to bodily injury and diseases arising out of, and in, the course of employment. Any work related bodily injury must be accidental and the term includes death resulting from the accident. Only occupational diseases which are unique to the occupation are covered. Worker’s Compensation provides for the payment of four types of benefits including: Medical, Income, Death and Rehabilitation.

The Mitchell Agency can provide you with complete details on Worker’s Compensation Insurance and recommend cost-effective ways to control expenses through safety engineering, safety training and claim services.