Saltillo, Nebraska
655 Chestnut St.
Hickman, NE 68372
(402) 791-5030

Recommended Insurance for Small Business Owners April 6, 2018

Saltillo, Lancaster
Recommended Insurance for Small Business Owners, Saltillo, Nebraska

If you are a small business owner just starting out, don’t forget to obtain or update an insurance quote. Business insurance can protect your company from lawsuits, theft, and structure damage, all of which are essential to help you continue to grow. First State Insurance Agency has been providing top-rated products to its David City, NE, clientele for years. Below, they’ve outlined the types of insurance small business owners need to be properly covered.

Small Business Owner Insurance Coverage at a Glance

Policy Every Small Business Needs

General liability insurance is a must for every small business. Also called errors & omissions coverage, this coverage protects your business if a claim is made against it for failure to perform or general mistakes resulting in client loss.

Location Matters

insuranceWhether you lease or own your business’s property, you need specific property insurance that will cover your structure, as well as all supplies, furniture, and electronics within the structure. If you have a home-based business, notify your insurer as you will need to add a rider to your homeowners policy to have appropriate coverage for your business.

Business Structure Determines Coverage

The general structure of your business, as well as the services or products it provides, will affect the coverage you need to maintain. Do you have a roster of employees? If so, you will be required to have workers compensation, which will cover medical injury, disability, and death benefits in case an accident happens while they’re working. If your business supplies products, include product liability in your policy to protect yourself in case a claim is filed against you due to damages that were done by your product.

If you’re a small business owner, and you’re concerned that you might not have the appropriate policy coverage, speak with a professional. The qualified team of agents at First State Insurance Agency specializes in providing individualized attention to find the best products for your family or business needs. They have three locations for your convenience, so visit their Beatrice, David City, or Hickman offices to speak with an agent. Call them today at (402) 979-7585 or visit their website for more information. 

Other Announcements, Events and Deals from First State Insurance Agency
5 Surprising Factors That Affect Your Auto Insurance Rate, Saltillo, Nebraska
When it comes to finding an auto insurance policy, you want the most affordable rate possible. However, each insurance provider you speak with may offer completely different rates an...read more
How Homeowners Insurance Protects Your Home From Spring & Summer Storms, Saltillo, Nebraska
April, May, and June are the primary months of tornado season, and since Nebraska is part of Tornado Alley, it's important you take precautions during springtime. One of the mos...read more
How to Find the Best Auto Insurance for Your New Teen Driver, Saltillo, Nebraska
When your teen gets their driver’s license, the first thing on your mind will be finding them the best auto insurance policy possible. However, for most parents, finding the best cov...read more
6 Types of Auto Insurance Coverage to Protect Your Car, Saltillo, Nebraska
The state minimum of auto insurance is not right for everyone, especially people with newer vehicles or buyers who’ve financed the purchase with an auto loan. To protect yourself—and...read more