Business Insurance

What is it?

Business Insurance Business insurance is a smart way to protect your business. A financial disaster could ruin a business. The proper insurance can provide help to keep a business afloat. In some cases, a business might be required by law to have insurance. A business owner purchases a business policy through an insurance company. Just like with traditional insurance, this coverage provides financial support to a policyholder. In this case, the policyholder is technically a business. When the business suffers a loss and files a claim, then the insurance company pays for the loss. However, the loss is only covered up to the limits defined in the policy.

What does it cover?

Business coverage helps with losses such as property damage, liability, and theft. It’s important for a business to get the coverage that fits their business. For instance, a doctor’s practice would need malpractice insurance. Speak with a lawyer or insurance agent to discuss what’s best for your business.

What kinds are there?

Liability – Liability covers a business when claims or lawsuits are filed against a business.

Property – Property insurance covers physical assets. This could include loss from fire, theft or natural disasters. Physical assets of the business could include inventory, buildings, computers, equipment or furnishings.

Workers’ Compensation – This is required in some states, and it covers medical costs and lost wages for employees injured on the job.

Commercial Auto Insurance – This is auto coverage for businesses that use vehicles in the operation of the business. Benefit Having business insurance is a good idea for any business. It’s often required by law, and can help keep a business afloat.

(256) 350-8241

439 Johnston St SE
Decatur, AL 35601

707 US Hwy 31 Ste F
Athens, AL 35611

441 N Eastern Blvd
Montgomery, AL 36117

(530) 622-1835

3315 Bob Wallace Ave,
Suite 104,
Huntsville, AL 35805

110 Forest Ave
Luverne, AL 36049

1543 3rd St NE,
Cullman, AL 35055

(530) 622-1835

(530) 622-1835