Owning your own business is one of the best ways to achieve financial freedom and truly be in charge of your own life. You will make a lot of investments of time and money into your company and you want to make sure those investments are protected. The best way to accomplish this is by making sure your company is properly insured. At Perry Insurance Agency serving Vernal, UT, we know that you can only make good insurance choices if you have good insurance information. Keep reading to find out what you need to know about commercial insurance.
What is Commercial Insurance?
Commercial insurance is a unique insurance product that has the needs of the business owner in mind. Your business operates on many levels, and a commercial insurance policy strives to provide you coverage on each level with one simple plan. This helps the business owner focus on other aspects of their business.
What Does Commercial Insurance Cover?
Because each business is different each commercial policy will be different too. Commercial insurance policies can be highly customized to suit your needs. In general, though, a commercial policy will cover the following areas:
Property damage: If you operate a brick and mortar location you will want this location protected. If your facility or equipment is damaged through fire, natural disaster, or burglary, the policy will kick in to help with repairs or replacement.
Auto Insurance- If your company operates vehicles as part of your day-to-day operations, you will need quality automobile insurance for both your vehicles and your drivers.
Liability Coverage: Liability coverage is essential to protect your long-term financial health. If a customer or an employee is injured at your facility or as a result of your services, you could be held liable for medical bills or legal fees. Liability will help pay these expenses.
If you would like more information contact us at Perry Insurance Agency, serving Vernal, UT.