No matter how big or small your company may be, you need to carry business insurance to protect what you have worked so hard to create. These days, there are just as many threats to an organization as there are opportunities, and staying ahead of those threats is paramount to keeping your business alive and growing.
The term business insurance covers a variety of insurance types and instruments designed to protect a company from just about any foreseeable and unforeseeable event. The main types of business insurance include property and casualty, commercial auto coverage, liability and product liability, business interruption, health insurance, worker's compensation, life and disability insurance. In addition, there are other policies available like director's insurance, builder's insurance, contractor's insurance, employee practices insurance and many others. There are even specialty insurance programs specific to individual industries.
These policies can all be purchased through your insurance agent either a la carte or in a package. For small to medium sized companies, business owner policies (BOPs) offer some or all of the above mentioned policies in one package. The availability of these different policies means you can be very specific when designing the right policy to protect your particular business. Insurers know that all businesses are unique and one policy that may be effective for a certain type of business may not be appropriate for others.
There are so many things to think about when running a business and the last thing you need to be worried about are the consequences of what can go wrong. Protecting your business with the right coverage is financially prudent and it creates peace of mind.
For questions on any of the policies mentioned in this article, please contact us and we'll be happy to discuss your specific business insurance needs.
Get the coverage your business needs. Call Dain Insurance Agency at 909.396.6746 for a Diamond Bar business insurance quote.