Business Insurance can make all the difference when it comes to keeping your business protected. Your business needs a plan if a setback occurs to safeguard your company’s continued success. From commercial auto insurance to business interruption insurance, there are several different types of business insurance policies to pick from. Finding the right coverage for your business is going to be based on what type of business you are in and what factors are involved. Depending on the size and type of your business certain coverages may be recommended by landlords, lenders etc. or even required by law.
What type of business do you have? Do you have employees, if so, how many? Where is your business located? How big is your business? Are you a Home-Based business, Small Business, a Medium or a Large Business? These classifications may vary, but are normally based on the number of employees, total sales and earnings.
Some types of insurance you might need for your business could include
Business Liability Insurance
Product Liability Insurance
Business Property Insurance
Professional Liability Insurance
Workers’ Compensation Insurance
Business Auto Insurance
Business Interruption Insurance
Business Umbrella Insurance
You might want to consider a B.O.P. (Business Owner’s Policy) where you can bundle the insurance into a package. A B.O.P. package is generally used for small businesses and sometimes medium sized businesses, there are size requirements which would need to be met in order to qualify for a B.O.P..
Keep in mind it is important to review your policies annually as your business changes over time.
For further information on Business Insurance contact Doug Motz at Douglas Motz Insurance Agency at 760-200-0270 or go to www.DougMotz.com License # 0F00702