Business insurance is absolutely necessary. Your policy protects not only your service, but also the employees, contractors, etc. from various legal situations that may arise if you are without. Depending on the type of business venture you have, there are different packages that you should consider to ensure you are covered. We’ve broken down the types of coverage your business should have right from the beginning.

General Liability Insurance: When you first start your business, this is probably one of the first insurance policies you’ll need. General Liability insurance covers you against accidents which cause bodily injury or damage to others. Bodily injury coverage will protect you from any claim for physical injury to a third party. Property damage will protect you from damages to another person’s property or business property.

Commercial Property Insurance: This coverage will protect you from losses to your assets, such as equipment, supplies, commercial premises in the case that they are damaged or destroyed.

Worker’s Compensation Insurance: This is mandated in the majority of states across the US if your business has employees or workers of any kind. Workers Compensation protects employees and provides medical care, death, disability, and other benefits to workers who have suffered an injury or who were killed while on the job.

Professional Liability Insurance: This insurance will protect against errors and omissions claims, such as improper workmanship that resulted in further damage of monetary or reputational value.

There are quite a few more insurances you should consider for your business today. For more information don’t hesitate to give us a call today!