What coverage does commercial insurance offer a small business

When you are a small business owner, you have many things that can cause you worry. One of them should not be commercial insurance. The Stanley Insurance Group in Hilliard, OH has the knowledge that you need to decide how commercial insurance can be a benefit to your small business. In Ohio, if you have more than one employee, you are required to carry workers’ compensation insurance and if you have company vehicles, you must have commercial auto insurance. 

Workers’ compensation

Workers’ compensation insurance protects the people who work for your small business.  In the event they are injured during the performance of their job, it covers medical expenses as well as lost time. 

Commercial Property Insurance

Whether you own the building where your business is located or are just a renter, you need to protect the valuable assets that you have. You can’t do business without the equipment that makes your business possible. Commercial property insurance covers your inventory which allows you to keep your customers happy. It protects you from things like fire, theft, and vandalism as well as some weather events.  

General Liability Insurance

Anyone who does business is vulnerable to being sued by someone who is injured while visiting your business or by a product that you sell. The amount of insurance that you need will be determined by the amount of risk. 

Business Income Insurance

If your business is damaged due to a covered event, this insurance will provide the money you need to continue to keep pay any bills that come due as well as providing the normal profit you could expect. 

If you are a small business owner in Ohio, the Stanley Insurance Group can help you to put together a commercial insurance policy that makes sense for your particular business. Why not give our office in Hilliard, OH a call or stop by for a no-obligation quote.