Commercial insurance protects your business from different risks. Businesses face a lot of different risks, depending on the industry, and many businesses interact with the public, which leads to more risk. Businesses should have a variety of insurance coverage plans to help mitigate their risks.
There are different kinds of commercial insurance to consider. An agent at Goodman Insurance, Inc. can help you find the right coverage for your industry. Commercial property insurance will help protect not only the property from natural and man-made disasters but also the equipment and furnishings that are in the building. General and product liability insurance will be useful for those who work in the public sector and cover any compensation costs and legal fees that are needed for third party injury or damage, due to your services, products, or an accident on your premises. This type of insurance is common for every business because it covers a variety of things, including injuries, damage, and legal expenses.
Management and professional liability insurance is useful for situations where there is negligence on the part of the company and the company has failed to deliver the promised results. Cyber liability can also be linked to this and is used to cover any costs that come with having sensitive client data compromised. Workers compensation insurance is required in Shelton, CT and covers any employee’s injuries that happen on the job. Business continuation insurance can cover your business if it needs to shut down during a specific time period. A commercial umbrella policy is for additional coverage if one of your policies doesn’t provide enough insurance protection. Some insurance companies will also provide package policies, so business owners can get a variety of insurance coverage that suits the specific needs of the business.
Contact Goodman Insurance, Inc. serving Shelton, CT to get a quote on commercial insurance.