Owning a business can be a rewarding career, but there are also many details that you will be responsible for as the owner. One of the most important decisions you need to make as a business owner will involve insurance. Commercial insurance is a crucial way to invest in your business. At Completely Independent Insurance Agency we are here to help business owners make intelligent insurance choices.
What is Commercial Insurance?
This insurance product is specially created to help business owners protect their businesses. Commercial insurance pulls together different types of coverage necessary to run your business safely and, in some cases, legally.
What Does Commercial Insurance Cover?
Commercial insurance can be customized to suit your needs. Since every business is different, different types of insurance coverage may be needed. Below you will find the most common types of insurance included in commercial insurance.
- Property coverage- Property coverage will provide insurance coverage for the property from which you operate your business. This can include buildings and any equipment you use.
- Vehicle coverage- If you need to use vehicles to operate your business, these will need to be covered under auto policies. The drivers of the vehicles will also need to be covered as well.
- Liability- Liability coverage is probably one of the most important types of insurance you can purchase as a business owner. When providing goods or services to people, you are in a particularly vulnerable position regarding liability. Liability coverage will help pay for legal expenses that could arise if someone is hurt because of your goods or services. It can also help pay costs resulting from employees being injured at work.
If you want to learn more about commercial insurance in Indiana or any of our other services, please contact us at Completely Independent Insurance Agency.