There are many different things that businesses have to do to keep their businesses running. One of these things that a business owner should do is have insurance to protect their finances, property, employees, and the public in case stuff happens. This is where commercial insurance comes in. There are several different types of commercial insurance coverage to choose from for your business insurance needs.
General liability covers if something happens to a customer or employee. It helps cover the costs if someone is injured or their belongings are damaged due to the company’s fault. It also helps protect you financially if you end up with a lawsuit against your business.
Property insurance protects against property damage.
Business interruption insurance
This covers your potential financial loss if something interrupts your business and potential income.
Worker’s compensation protects workers if they get injured on the job.
Commercial auto insurance
Commercial auto insurance covers vehicles that are company owned or used for the work of the business.
Employment practices liability insurance
This covers the business if an employee does something that reflects poorly on the company and affects customers.
This helps cover losses from cyber crimes. There are limits to cyber insurance coverage and strict guidelines that you need to follow, such as having high cyber security measures in place.
If a crime occurs, commercial insurance can help cover the losses and damages that happen to the business.
Contact Goodman Insurance Inc.
If you have a business in Shelton, CT, and are looking for commercial insurance coverage, look no further than Goodman Insurance Inc.