Business owners should carefully consider their commercial insurance needs, which offers a range of vital protection related to the business. From vehicles, to property, and the employees within the business, owners can safeguard their investment and lessen the risk of affecting its growth and presence. The following areas represent some of the primary commercial insurance needs that every business should consider:
A vehicle that is used within the context of business must have its own policy; a personal auto insurance policy is not enough and won’t cover items that relate to the business. If your business uses vehicles to perform routine or even occasional operations, a commercial auto policy is a must.
Bodily injury, property damage, personal injury, and advertising injury are covered with a CGL policy. A convenient catch-all type of policy, many businesses can use it as a starting point for their liability insurance needs.
A commercial property insurance policy can be thought of as the commercial version of a home policy. You will find similar covered items – such as fire, theft, and natural disasters that pertain to the business property. If your business has some type of physical location, it will require a property insurance policy.
Workers that are hurt on the job can rely on workers compensation for lost income and medical expenses. This coverage is commonly required by employers and it often extends to temporary employees as well.
Small business owners can take care of many insurance needs through a BOP policy. BOP policies often include vehicle, property damage, business income, property, and bodily injury, as well as other types of basic insurance needs.
Titan Insurance LLC can compare quotes for business owners from several top-tier insurance companies to save you time and money.