(800) Ferullo
800-337-8556
Business Insurance
Business Insurance: A Wise Investment
Have you decided to start your own business? If so, then business insurance is essential to protecting your company. Coverage can help you and your company avoid going broke. It’s not uncommon for a company to go out of business due to a lack of business insurance.
What Is It?
Business insurance protects your business from certain financial risks. For instance, insurance would reimburse you for inventory destroyed during a fire. And if you were to lose a lawsuit, then insurance would help pay the damages.
Who Is It For?
This insurance is for entrepreneurs. Many things can go wrong when running a business. Lawsuits, disasters, faulty merchandise, and other things can cause problems for a business owner. You need the proper financial protection to help you get back on your feet.
How Does It Work?
You file a claim with the insurance company when a covered event occurs. The most common type of claim is for property damage caused by bad weather. Without coverage, you might find yourself out of business after a major event.
Coverage Options
You must decide what type of coverage you want, and how much you can afford. Most business owners get as much coverage as they can afford, as long as it’s beneficial. But other business owners choose minimum coverage and get only what’s absolutely necessary. Whatever you decide, make sure the policy offers what you need.
Major Benefits
Business insurance is beneficial because it offers valuable financial protection. Operating a business is hard work. And you’ve likely made a serious financial commitment. Do you want to lose everything because of a major event or disaster? This policy will protect you financially.
