Kalispell, Montana
1147 S Main St
Kalispell, MT 59901
(406) 755-4000

What Types of Insurance Do You Need for Your Business? March 14, 2018

Kalispell, Flathead
What Types of Insurance Do You Need for Your Business?, Kalispell, Montana

When you run a business, it's important that you protect it against unexpected misfortune. One of the best ways to do that is to craft a carefully considered business insurance plan with an experienced agent. Below, Grachek Insurance in Kalispell, MT discusses some of the most important types of commercial insurance coverage you should consider to protect your business.

What Insurance Policies Does Your Business Need?

Commercial Property Coverage

Commercial property coverage pays to repair or replace your business premises if they should be lost or damaged due to fire, storm or other specified events. This is crucial if you own the building and rely on it to generate income. Be aware that, in most cases, earthquake and flood damage are not covered, so to protect yourself against those hazards you'll need a separate rider.

business Insurance in Kalispell, MTBusiness Property Coverage

The contents of your building are also important for your operations, and business property coverage reimburses you for losses of furniture, electronics, inventory, and manufacturing equipment. It even covers theft of certain items.

Liability Insurance

General liability insurance pays to repair or replace any property damaged or destroyed by a member of your team, as well as the cost of medical treatments for injuries. It also pays the legal costs to defend a lawsuit should one arise out of an incident, including court costs, fees, and judgment amounts.

Commercial Auto Insurance

If your business operates one or more business vehicles, you're required to buy commercial auto insurance to comply with state law. You should consider buying more than the minimum amount; collision and comprehensive coverages protect you financially against damages sustained on or off the road.

Workers Compensation Insurance

In Montana, if your business has one or more employees, you are required to buy workers compensation insurance. This benefits workers, since they receive medical treatment for any injuries or illnesses sustained on the job. But it also helps the business, since to take advantage of the policy, workers must forego suing the company for damages.

 

To have an expert help you design a business, home, auto, or life insurance policy, contact Grachek Insurance in Kalispell. They've been helping companies and individuals throughout Flathead County protect themselves against unexpected events since 1986. Visit their website to view directions to their office, or call (406) 755-4000 to discuss your needs with a commercial insurance professional.

Other Announcements, Events and Deals from Grachek Insurance
What Is Boat & Watercraft Insurance & Why Do You Need It?, Kalispell, Montana
So, you've purchased a new boat, and now you're considering whether or not to pay the extra monthly amount to have it insured. Unlike auto and motorcycle insurance, boat coverage is ...read more
How to Prevent Ice Dams & Avoid a Homeowner's Insurance Claim, Kalispell, Montana
Winter is far from over in Kalispell, which is why Grachek Insurance wants to help area residents prevent ice dams from forming on their roofs. Ice dams are a major cause of roof lea...read more
Tips for Buying a Safe Car, Kalispell, Montana
You’ve heard all the talk about driverless cars — but unfortunately, we’re still years away from living in a world where you just tell your car where to go, kick back and relax with ...read more
What Coverage Does Your Homeowners Insurance Policy Provide?, Kalispell, Montana
When you purchase a home with the help of a bank or mortgage lender, you’ll have to buy homeowners insurance to protect their investment. Even if you are not financing the purchase, ...read more