As a business owner, one of the biggest challenges you will face is selecting the right insurance for your operations. The marketplace is saturated with choices, and it can prove daunting trying to determine what the best type of protection for your company will be. However, one option that is definitely worth considering is a business owner’s policy. This will allow you to combine a few different policies into one package, giving you the coverage you need at a discounted price. Over the years, Craig-Massee Insurance Agency has built a solid reputation for helping clients in Milledgeville and Eatonton, GA, find the ideal products to meet their personal and commercial insurance requirements.
Below, the insurance company explains why a business owner’s policy is just what your small or medium-sized business needs:
- To Cover Your Physical & Personal Property: Property insurance is one of the most important kinds of coverage offered in a business owner’s policy. It covers the building you operate out of and all of the contents inside from loss due to events such as fire, severe weather, theft, and other hazards. This will provide you with the funds to rebuild or repair your structure and replace your equipment, furniture, supplies, and inventory.
- To Protect You From Liability Lawsuits: It’s an unfortunate reality that businesses get sued quite often in this day and age. The liability portion of a business owner’s policy will protect your company against lawsuits in the event your business is said to have caused injury, property damage, or financial loss to another party. Any legal fees you incur will also be covered under liability protection.
- To Prevent Loss of Income: Many businesses are unable to recover after a disaster and end up having to close their doors for good. Business interruption coverage is designed to keep this from happening as much as possible. It provides compensation to replace the loss of income if your company experiences downtime due to a disaster named in your coverage. This will give you the chance to continue meeting your financial obligations until you can resume operations.
Often, a business owner’s policy can be tailored to add extra coverage that your company may specifically need. Contact Craig-Massee Insurance Agency at (478) 452-3539 to request an insurance quote, or visit them online to view their wide selection of commercial insurance policies they provide.