You work hard to grow your business, so it’s important to find an insurance policy that protects your investment. When Ashland-area business owners need to find affordable insurance coverage, they turn to the experts at Charles Adams Insurance Agency. For over 100 years, this family-owned independent agency has been providing affordable insurance quotes that protect every aspect of their customers’ lives, from home and auto insurance that protects your loved ones and your belongings to commercial insurance that protects the results of your hard work.

If you’re purchasing your first commercial insurance package or you want to update your existing package to make sure you have enough coverage, weighing your options can be confusing. Fortunately, Charles Adams Insurance Agency makes it simple to determine which types of policies you need, from the ones all business owners need to the ones that are just right for your company.

5 Types of Commercial Insurance That Protect Your Business

Liability Insurance

This type of commercial insurance protects you and your company against damages or complaints filed by a third party. General liability policies cover most types of complaints, but if you are involved in manufacturing, wholesaling, or distributing, you may also need product liability insurance. If your company provides a service, consider purchasing a professional liability policy.

Property Insurance

If you own the building that houses your business, property insurance is an important part of making sure you are protected against fire, theft, and vandalism. This type of commercial insurance also covers the items you need to run your business, so it is worth purchasing even if you don’t own the building.

Business Auto Insurance

If your business owns, rents, or hires vehicles, a business auto insurance policy offers valuable protection when your drivers are using public roads. It can also be used to cover private passenger vehicles that are used for business purposes.

Workers’ Compensation Insurance

This commercial insurance protects your workers in cases of injury, illness, or death that results from an employment-related accident. Workers’ compensation includes benefits for medical bills, rehabilitation, income replacement, and death-related expenses.

Business Owners’ Insurance

This is an umbrella policy that can be tailored to your particular business’s needs. You can choose as much or as little coverage as you need from the above commercial insurance categories. Bundling your policies can be a cost-effective way to get the protection you need for the best possible price.

Visit Charles Adams Insurance Agency online to learn how you can protect your home, family, and business without breaking the bank. Call (606) 325-9709 to speak with an agent about which types of policies are right for you.