If an unexpected accident occurs at your facility or office, or if a lawsuit related to a product or service is filed against your company, the general liability insurance you have in place should cover your losses, including the legal costs of defending against it . General business insurance should cover you against personal injury lawsuits, false or misleading advertising lawsuits, allegations of defamation and copyright infringement, and property damage to your place of business if you’re a tenant rather than an owner of the property.
Do you have the right level of protection?
The level of coverage you have in place determines whether you are truly fully protected against financial loss. Many business owners have a policy where property insurance and liability insurance are bundled into one contract called a “BOP”; or Business Owners Policy. The actual coverage for liability in these policies is often less than what is needed should the unexpected occur. As with all policies, you will be forced to pay the shortfall when you reach the limit of your coverage. If you are concerned about your actual risk protection, our local commercial insurance agents can review your policy, your facility and your level of risk based on your industry.
Business insurance in your area
Creating a custom insurance policy may be the right choice for your business. This policy would be created based on your risk level with a focus on affordability. You need the coverage, but the price has to be reasonable. Our entire team lives and works in the area and as a local agency we will make it easy for you to get the service and help you need on this important matter.
We can review your existing policies and provide simple risk protection suggestions based on a true understanding of your business, your facility and the level of risk that may exist. There are a number of strategies that can work for you, and as business owners ourselves, we know the importance of the bottom line. We will go to great lengths to find you an affordable policy that best protects you and your business.
Contact us today if you are interested in learning more about the commercial insurance we offer, or if it is time to review your existing insurance.