Do you live in Greensboro, NC? Are you a business owner? If so, do you have insurance to adequately protect your business? Glick Insurance can provide you with a quote to get your business securely insured.
As a business owner, you will probably agree that the most important part of a business operation is protecting it from financial loss. Many times, being adequately prepared for this loss can be the difference between being able to remain in business and having to close your doors.
The best thing you can do for your business is to avoid financial setbacks with a commercial insurance policy.
Businesses need insurance because it helps cover costs associated with liability claims and property damage. Without this coverage, business owners will have to pay out of pocket for any damages and legal claims against their business.
The federal government mandates that every business with employees has workers’ compensation, disability insurance, and unemployment. There is other coverage some states might require.
The most common types of commercial insurance are:
Commercial auto insurance – while some businesses will not require this coverage, it is particularly useful if the company relies on automobiles or other vehicles for business activities.
Workers compensation insurance – this mandated coverage provides wage replacement and medical benefits to employees in exchange for relinquishment of the employee’s right to sue the employer.
Business owner’s policy – this combines property and liability coverage into one policy.
Cyber liability insurance – this covers the cost of a business recovering from a virus, data breach, or other cyberattacks. It covers legal claims resulting from a breach. If a business stores sensitive data on an electronic device or on the cloud, it should have this coverage.
Give Us A Call
Our team of insurance experts at Glick Insurance in Greensboro, NC can provide a no-obligation quote or any questions you have regarding commercial insurance. Contact us today.