RLI Business Insurance Review – Benzinga

RLI is a specialty national accepted and excess and surplus (E&S) lines insurer. Gerald D. Stephens founded RLI in 1958 after recognizing an unmet need in the contact lens insurance market. RLI was one of the earliest contact lens insurers when it was established in 1965.

RLI offers specialized business coverage, personal, surety bonds and home business insurance. The company has been providing insurance to home-based businesses for over 20 years. RLI’s customer service team has experience with home-based businesses in 140 industries and can assist you with an application for coverage.

RLI Insurance offers business, personal and warranty insurance.

Business Insurance

Providing design professionals

RLI is innovative. Its design professionals curriculum is tailored for architects, engineers, surveyors, landscape architects and architectural planners. RLI’s experienced underwriters, claims professionals and intermediary connections set them apart.

RLI offers value-added services beyond a policy. The following elements can help you improve your firm’s risk management while saving time and money.

• Free continuing education (CE) content.
• Good risk management strategies
• Requirements for service excellence
• Free contract review with guidance from in-house professionals on over 50 common problem areas
• Internal risk management workshops and procedure reviews
• Better coordination of coverage with an insurer
• Multiline discounts
• Specific field risk management tips and learning opportunities
• Insurance certificates issued efficiently
• Help with reporting claims

Home business insurance coverage.

RLI has created detailed home-based insurance products to protect your assets. Insured home businesses include:

• Art Studio/Gallery
• Craft businesses
• Vinyl and Leather Repair
• picture
• Windshield detailing and repair

Accident insurance

Liability of the Contractor

RLI offers general liability and excess liability coverages to owners, developers, general contractors and artisan contractors.

• Best in class authority
• Creative risk solutions
• Personalized policies
• 15 day policies
• Custom self-insured retention and large deductible schemes

location

RLI construction liability coverage is available in all 50 states through Mt. Hawley and wholesalers nationwide.

Contractors’ risk appetite

RLI serves general contractors who deal with ground construction, exterior updates, interior construction, new additions and building maintenance.

For owner-occupied construction, policies may cover:

• Water treatment plant and flat concrete works
• Electricians, plumbers and mechanics
• Fighting fire
• Repair of machines
• Installation without monitoring
• Install fire protection
• Multi-year projects

Insurance of Energy Cases

RLI Energy Casualty helps the energy business manage risks and protect its assets.

Complex and varied risks surround energy and energy-related industries. RLI’s unique insurance solutions for contractors, consultants, premises and product risks in traditional and alternative mid-market energy provide comprehensive protection.

RLI has a great history of financial stability. RLI has been rated A+ “Superior” by AM Best and “Strong” by Standard & Poors for decades. RLI is not BBB accredited, but has an “A-” BBB rating.
To contact RLI, you can call toll-free at 800-331-4929 or 309-692-1000. You can also use the contact form on the company’s website. RLI does not offer direct sales of business insurance to policyholders. Nationwide, its products are accessible through retail agents and brokers, wholesale brokers and program administrators. For a quote, you can fill out an online application or call 1-844-249-2684.

RLI does not appear to offer an online quote system. The cost of a small business policy can vary depending on a wide range of variables, including the insured’s line of business, geographic area, annual revenue, number of employees, annual payroll, policy limits , deductibles and loss experience. Contact a local RLI agent to learn more about your insurance options.

You can save money on your insurance premium by bundling policies or completing a safety course, two of the most common ways insurance providers offer discounts. Make sure you get the best deal possible by finding out if you can do without coverage. After discussing them with an agent, you can learn more about your coverage options.

Policyholders can expect to receive the following benefits from RLI insurance:

• Improved tools to transact and manage your business
• 24/7 claims service
• 24/7 account servicing
• Consulting services for small and medium commercial fleet operators
• Defensive driving courses
• Custom RLI Loss Control Representative

RLI Insurance provides a user-friendly platform for policyholders to manage their accounts 24/7. From the user portal, you can:

• Report claims online
• Access to loss control analysis and other loss control resources
• Loss claim
• Access the RLI accident reporting kit

RLI also offers information leaflets for policyholders to download from its company website, including environmental liability insurance, home business insurance, marine insurance, a personal umbrella policy and transport insurance.

RLI against competitors

RLI Insurance specializes in business insurance for home-based businesses and homeowners insurance in Hawaii. Other competitors that offer this type of insurance include Hartford, Travelers and Liberty Mutual.

RLI is a nationally recognized E&S insurer. RLI offers business, personal, warranty and home business insurance. Since 1993, the company has been providing home-based businesses. RLI’s customer care staff can help you apply for coverage for home-based businesses in 140 industries. RLI is financially stable. AM Best and Standard & Poor’s have rated RLI “Superior” for decades. RLI has an “A-” BBB rating, but is not accredited.