Business owners in all industries need to consider the value of not only their property but their equipment and tools, which can sometimes be more expensive than the business itself.
Every business type, no matter how small or large, should have some basic types of insurance in place. These include liability insurance for any injuries that occur while on the property, worker’s compensation to cover employee accidents, and property insurance to cover damage done to the premises during a fire or other disaster.
Smaller businesses may be able to get by with less coverage. For example, a small shop might only need to purchase property insurance for the building and not worry so much about commercial vehicle insurance or umbrella liability, while a larger business may require extra precautions, such as commercial auto coverage or umbrella policies to protect against litigation.
Determining which options are best suited to your needs and the needs of your business can be a complex process and is best performed with an agent you trust. Our team has assisted a wide variety of businesses in our area, and we would be happy to offer you a free consultation on how to fully protect your enterprise. Contact us now and let’s get started.
Secure the BEST