As a small business owner, you likely serve many roles. Training staff. Making sales. Restocking inventory. Your business demands a lot of time, energy, and effort. You’ve started it from the ground up. You deserve to protect what you’ve built.
Commercial insurance shields against costly mistakes. Also known as business insurance, these policies guard companies and entities against lawsuits, theft, damage, injury, and other unexpected events.
Busick Insurance Agency LLC wants to ensure your investment is protected. Located in Orleans, IN, the agency explains commercial insurance and why it’s necessary for your growing company.
What’s included in commercial insurance?
Every policy is unique. Although you should talk to an agent to review specific plans, most commercial insurance will include similar items. Premiums refer to the amount a business pays for the policy. This varies depending on several factors, including the type of service performed, number of employees, and years in business. A deductible is an amount you pay if a claim is filed. It will also contain policy limits, which cap the total monetary payout. There will also be exclusions and other restrictions. Again, consult a professional from Busick Insurance Agency LLC to discuss what’s right for you.
What types of commercial insurance are available?
Although there is a slew of coverage options available, standard commercial insurance typically includes three components. Property insurance covers a company’s physical location and any equipment, tools, or inventory. This extends to furniture and accounts receivable as well. General liability protects against bodily injury, libel, slander, and any other damage. Finally, income insurance replaces the loss of revenue if an incident prevents the business from opening.
Contact an agent serving Orleans, IN immediately
Let Busick Insurance Agency LLC take one more item off your to-do list by finding the right commercial insurance policy for you. Call today.