As a business owner, you understand the importance of keeping your business safe. While a great security system will help protect the building, you’ll still want to invest in a solid business owners’ policy from your insurance company. At Integrity Insurance Solutions in San Marcos, TX, their experienced agents want to help you keep your organization safe, no matter what threats you’re facing. They share a few of the most important policies every small business owner should have in place at all times.

3 Types of Insurance Every Business Needs as Part of a Business Owners’ Policy

1. Property Insurance

General property insurance is an absolute must for business owners with a physical place of operation. This coverage protects your facility, the equipment and furnishings inside, and the exterior in the event of damage. Should an accident happen at your company, your insurance company will help cover the cost of all necessary repairs and replacements up to your policy’s specified coverage limit.

2. Liability Insurance

If you’re performing services for customers, liability insurance is essential. This policy will protect you and your employees should your customer’s property be damaged in the course of your work. Furthermore, liability coverage protects you from lawsuits should a customer be injured on your property, potentially saving you thousands in unexpected costs.

3. Workers’ Compensation

Workers’ compensation coverage is required by law for any employer hiring individuals as W2 workers. These policies help cover medical costs for employees injured on the job and may give them a portion of their wages if they need to take medical leave to recover completely. Without this coverage, your employees could sue you for medical costs and lost wages.

Whether you’re just starting out or already have an established business, let the team at Integrity Insurance Solutions help create the perfect business owners’ policy for your needs. Their friendly agents will get to know you and your company to ensure you have the proper policies in place at all times. Learn more about their coverage areas by visiting their website and start filling your coverage gaps now. To schedule a consultation or to speak with an agent, call (512) 396-2211 today.