Business Insurance in Clinton
If you own a business, you have a lot on your plate. You are managing the daily operations of your company as well as employees. You have likely spent a lot of money getting your business up and running. An accident, lawsuit, or disaster could easily destroy everything you have worked for.
That is why having insurance is essential. While workers’ compensation is the only required insurance for business owners, you cannot go wrong by having additional coverage. You never know when accidents might happen. The right insurance policy can protect your revenue and livelihood.
An insurance agent from Hartman Insurance Agency can protect your Clinton business from the unexpected. Contact us today to get a quote and get peace of mind.
Types of Business Insurance
Here are some types of insurance to consider for your business:
- General liability insurance. This coverage protects against claims of bodily injury, property damage, and personal injury, including slander and libel. It is highly recommended for all businesses.
- Commercial property insurance. This coverage protects buildings, equipment, inventory, and other physical assets from fire, theft, and natural disasters. It is generally required by lenders if you have a mortgage or lease.
- Professional liability insurance. Also known as errors and omissions insurance, this covers claims of negligence or failure to deliver promised services. This insurance is often required for certain professions, such as lawyers, doctors, and consultants.
- Business owner’s policy. These are actually multiple policies combined into a bundle. It typically includes general liability and property insurance at a discounted rate. It is useful for small to mid-sized businesses looking for comprehensive coverage.
- Product liability insurance. This coverage protects against claims of injury or damage caused by faulty products sold or manufactured by the business. It is highly recommended for businesses involved in manufacturing, retail, or wholesale.
- Commercial umbrella insurance. This coverage provides additional liability coverage beyond the limits of existing policies (such as general or auto liability insurance). While not required, it is often recommended for businesses with higher risks.
- Business interruption insurance. This coverage compensates for lost income and operating expenses if the business is forced to close temporarily due to a covered event, such as a fire or storm. Sometimes, this insurance is bundled with property insurance or business owner’s policies.
- Home-based business insurance. With many small businesses being operated out of homes, this policy may be useful in many situations. You can select a home-based business insurance policy to cover your equipment and third-party injuries. However, this type of insurance is usually quite limited and only covers a small amount of equipment, such as computers and machines used to manufacture items.
Contact Our Clinton Business Insurance Agency Today
If you own a business, you need to keep it operating. Lawsuits and accidents can threaten it, so get the right insurance policy to protect it.
A Clinton insurance agent from Hartman Insurance Agency can keep your business up and running. Get a quote and get peace of mind today. Call our office today at (734) 999-4190 or fill out the online form.