How commercial insurance can protect your small business

When you are a small business owner you have lots of things to think and worry about. The purpose of commercial insurance is to ease your mind and your worries. Commercial insurance is not just for big business, it has a lot to offer to small businesses and at Stanley Insurance Group we offer small business owners in Hilliard, OH, and the surrounding area the opportunity to protect their business and their investment.

Commercial insurance is not just one policy, it is a whole series of individual pieces that can be put together to cover whatever particular needs your small business has. You are not required to buy a bunch of coverage that you don’t need, you can pick and choose. Which parts you need is dependent on the type of business that you have, the number of employees, where you do business and many other things. A knowledgeable insurance agent can make all the difference when it comes to making this important decision. 

In Ohio, even an employer with only one employee is required to carry worker’s compensation insurance. There are two options available, purchasing it through the state or self-insuring. This is something that should be discussed with your financial professional. 

The other required coverage is commercial auto insurance if you are using a vehicle for business. Most regular auto insurance policies don’t allow the vehicle to be used for business purposes so you need to discuss this with an insurance agent who can make sure you are covered. 

Business liability is an insurance that while not one size fits all is one that every business needs. So many things can go wrong, someone can get injured while visiting your business or by your product.  A business owner’s policy can bundle this together with property insurance to protect your location, inventory and much more.

These are just a few of the ways that commercial insurance can protect your small business. At the Stanley Insurance Group of Hilliard, OH we are ready to welcome your call or your visit to discuss the ways we can help you protect your small business.