No matter the nature or size of your business one thing is for certain, the need and benefit from having protection from an insurance policy, disaster can strike at any moment!
Since every business needs are different, each one will have its own set of insurance requirements. It’s important to make sure your business has adequate coverage.
Here is a few types of coverages that you may want to consider.
General Liability: Protects your business from a range of claims, including accidents , negligence, certain property damage, libel, slander and legal fees.
Property Insurance: In the event of a loss this coverage helps to replace the business property including , equipment, supplies and inventory.
Workers Compensation: This coverage is required by law in almost every state. If an employee is injured on the job this policy provides coverage for medical costs and a portion of their lost wages
Professional Liability ( Errors and Omissions/ E&O) : Serves as protection from lawsuits that claim negligence with professional services. Mistakes happen- you’ll be glad you have it should you ever need it!
We recommend that you review your business policy on an annual basis. This is especially important if you have experienced any major changes such as adding large amounts of inventory or equipment.
A quick review of your policy will ensure you have the protection that you need and the peace of mind that you deserve.