Business insurance protects your investment by minimizing financial risks associated with unexpected events such as the death of a partner, an injured employee, a lawsuit, or a natural disaster. But there isn’t just one policy for business insurance in Jerricho, it is made up of a variety of policies that are all lumped into the category of “business insurance”. So, which ones are right for you? What ones should you have? Work with The Washwick Agency to learn what your options are and discuss the best ones for your business.
What Policies Are Most Common for Business Insurance?
This is perhaps the most common question that Bethlehem business owners will be asking when looking to protect their business. Every business is unique in its make-up, but there are some fairly common policies that most businesses should look into having in place.
The first of these will be General Liability Insurance. This is to protect your Long Island business against liability claims for bodily injury as well as property damage. These claims could come from the business’s ongoing operations, completed projects, products, or even on the business’s premises.
Next comes Commercial Auto Insurance. If your Riverhead business uses vehicles for deliveries, hauling equipment, or other reasons, you’ll need to protect your vehicles and business. Again, this helps to protect against physical damage, bodily injury, and liability claims. Commercial Property Insurance is a companion piece to auto insurance and covers the risk of loss to personal property of the insured business, the personal property of others on site, and more.
Professional Liability Insurance is a policy that is aimed for those that helps protect Littleton professional advice and service-providing companies from bearing the full cost of defending against a negligence claim made by a client, and damages awarded in such a civil lawsuit.
Then there is the Workers’ Compensation insurance, Group Health Insurance, Group Life Insurance, Group Disability Insurance, and many more. This is where a conversation with your agent at The Washwick Agency can really help to narrow down the right coverages for your business. Just because a business you know has a particular insurance policy doesn’t mean that it’s one that your business should have. Each business is unique in so many ways, so be sure to talk with The Washwick Agency to determine the best policies to have for your Lincoln business.