Is your company properly protected?
When you have a business, you’re responsible for your own fate, as well as the financial future of your company. A huge part of your efforts to protect your business is to purchase the right insurance coverage.
If you want your business to stay protected (and who wouldn’t?), here are the policies that you’ll need!
General Liability Insurance – This type of insurance is designed to protect you in the event that bodily injury, or property damage, results from your product or services. This can include employees that you have. You want to make sure that you and your employees are covered as well as general liability for your products and services.
Professional Liability Insurance – If you rely on a location to conduct business, you need property insurance to make sure that you’re protected if your business is affected by natural disasters, vandalism, or theft. Not only can your property insurance protect the physical location, but your equipment and furnishings can also be added to the policy – meaning that you won’t be without means of inventory and tools.
Commercial Auto Insurance – When you have a car as part of the business, you’ll need auto insurance for it, just as you would for a personal vehicle. Your company will be responsible for liability and accidents, and that’s where this insurance policy can help. Coverage kicks in so that your business is protected when an employee is in an accident with a vehicle owned by your business.
Worker’s Compensation – If you have employees, you’ll need this insurance. Should a member of staff get injured on the job, he or she may be eligible for worker’s compensation. If you don’t have this coverage, your company will be responsible for paying for the injury or death benefits.
Business Interruption Insurance – Imagine a natural disaster tore down your building. Insurance works to cover the costs of rebuilding and repairing the property, but, for the meantime, you’re losing out on income. This insurance can help to protect you, and ensure that you still receive some income for your business, and help to keep your business afloat!
Is your business in the know about its insurance coverage? Contact Aimpro Insurance in Phoenix, Arizona to learn more about your business insurance. We’re dedicated to helping you get your business the right level of protection at the right price.