If you’re a small business owner in Somerset, KY, you may be wondering what exactly a business insurance policy can do for you. According to the skilled team at Cundiff & Company Insurance, a business policy can protect your business, its assets, and its future. If you’re currently in search of a comprehensive policy, the following will provide a bit of insight into what commercial insurance does and does not cover.

Liability Insurance

Mistakes can happen in the world of business. However, when mistakes result in the loss of money for customers or associates, you may be liable for damages in addition to legal costs. Liability coverage provides funding for these expenses, which is extremely important to protect your interests in this litigious world.

Property Coverage

For brick and mortar businesses, property coverage is a must. For instance, if your store or warehouse is damaged, a business policy can help cover repair costs. This also covers damage to essential equipment. However, some types of damage may not be covered, so it’s important to talk to your insurance agent about the details of your policy before moving forward.

Lost Income

As a business owner, operations are crucial to generating income. So if your business is unable to operate due to an accident or interruption, lost income insurance comes into play; this policy will supplement your bottom line until you can serve customers again. This is especially important if you must wait for repairs to be completed.

Along with providing comprehensive business insurance coverage, Cundiff & Company Insurance also offers home, auto, life, and motorcycle policies to help you protect what matters most. Learn more about how their team of experienced agents can help you protect your enterprise by visiting the website. You can also call (606) 679-8379 today to receive your personalized insurance quote.