Commercial General Liability insurance helps to protect your business entity from lawsuits originating out of the operation of your business and may include claims resulting from bodily injury, property damage, completed operations or personal injury. You should choose a limit of coverage you are comfortable with and able to afford. It typically does not cost much to increase your liability limits. Most General Liability policies include the cost to defend lawsuits outside the liability limit, meaning the limits on the policy are not eroded due to defense costs. Be sure you confirm this is the case in your situation.
With our insurance company partners, we can evaluate your business’s current conditions and recommend ways to lower property insurance, auto insurance, workers’ compensation insurance or liability insurance losses. Fewer losses result in not only lowered insurance costs overall, but also increase your productivity by avoiding downtime.
PropertyBusiness property insurance covers the physical parts or your business. These are things like your building, equipment, furnishings, fixtures, inventory, computers, records and other valuable items. This insurance coverage helps repair or replace the building and its contents, and can also help provide income if your business can’t operate for a while after a covered loss.
Whether you have one employee or hundreds, most states require you to have Worker’s Compensation insurance. This insurance protects employees by providing benefits for job-related injuries or illnesses. It protects you and your company by eliminating lawsuits from employees related to these injuries or illnesses. Every state has different insurance requirements, so it’s important to talk to your agent about what your insurance needs.
When considering coverage for your business, it's important to be prepared for worst-case scenarios with the best insurance policy in place that covers your business liabilities and physical property. At our Osage Beach insurance agency, we work with your business and ask detailed questions as your business is like no other. We work to make sure we offer the best coverage to solve your insurance needs. For more information on coverage for your business, give us a call at 573-348-2794.
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About the Author: Steve is a double back-flip insurance ninja. He was named Young Insurance Agent of the Year by the Missouri Association of Insurance Agents in 2010 and is a Certified Insurance Counselor. When he is not helping customers, he enjoys community service, Latin dancing with his beautiful wife and going on adventures with his two awesome sons.
Steve Naught, CIC
3736 Osage Beach Parkway
Osage Beach, MO 65065
Next to Golden Coral
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