Every successful entrepreneur has invested serious capital and hours of thankless labor to build their business, so naturally you would want to protect what you've made. Business insurance is a complex industry, with different products tailored to the needs of different industries, but in general, there are several policies every small business owner should carry.

Somers Agency LLC, an insurance company with over a century of experience serving Northeast Ohio, advises every business owner to consider:

• General Liability Insurance: If you, your employees, or your products cause an injury to another person or damage to their property, this policy will pay for both your legal defense fees and any damages awarded to the other party.

• Property Insurance: If you own significant property, such as tools, inventory, or manufacturing equipment, you'll need a business insurance policy that will compensate you if these valuable components are damaged or destroyed.
• Business Interruption/Loss of Earning Insurance: Even if you're compensated for damages, the income you lose while being unable to operate can destroy your business. This business insurance will cover your earning interruption while you recover from unexpected disasters.
• Workers' Compensation: In most states, you're required to protect your employees from the consequences of work-related injuries and accidents. Check with your insurance agent to make sure you have all the coverage mandated by law.

These are just a few of the business insurance policies you may need, in addition to professional liability and commercial car insurance. Since 1898, the insurance experts at Somers Agency LLC have been providing business owners throughout the area with all the coverage they need. Visit their website to learn more, or just call (440) 324-3447 to schedule an appointment today.