Three Types of Insurance Your Small Business Should Have


Having your business insured is important. However, knowing the right kinds of insurance to invest in can be a challenge. When searching the market for a commercial insurance quote and comparing your options, keep in mind that some types of insurance are more important than others for small business owners. Here are a few of the most urgent matters to speak with your insurance representative about:

  1. General Liability Insurance – this is the most commonly-offered insurance plan among most agencies, simply because it covers the bare basics, such as protecting the business in instances of bodily harm, property damage, and potential complaints regarding negligence.
  2. Property Insurance – this covers the cost of any personal equipment on the premises such as important electronics. Generally, those with property insurance will be reimbursed by their agency in light of theft, vandalism, or other incidents.
  3. Workers Compensation – in the event that one of your valuable employees is harmed on duty, its excellent to have these benefits ready to reimburse the worker for their troubles. Having this type of insurance can protect you and your business from legal implications regarding employee injury.

While finding a commercial insurance quote online is a very simple matter, finding out what you need to be quoted for can be a bit confusing. By researching the services that your small business will need the most, prioritizing your finances and insurance just became much easier.

This post was written by , posted on December 26, 2015 Saturday at 9:45 pm