Protect your small business investment with the right commercial business insurance coverages. Regardless of the size or industry, your business is at risk. Commercial insurance solutions from NewMark Insurance in Austin can help provide flexible and viable plans to mitigate financial damage from unprotected risks. Many business owners assume that coverage by traditional insurance plans are all they need without researching if they have the right amount and type to protect their company. At a minimum, you should make sure your commercial insurance policies include the following policies.
1. Commercial General Liability Insurance
This basic liability insurance offers protection that guards against lawsuits, injuries, property damage and accidents. All small businesses need commercial general liability insurance.
2. Commercial Property Insurance
Business property insurance can protect your commercial structures and the property inside the building that are vital to business operations. Liability insurance typically covers the assets of other people, not yours.
3. Workers’ Compensation Insurance
Carrying workers’ compensation insurance can help pay for lost wages and medical expenses of employees who become ill or are injured on the job.
In addition to these basic commercial options, there are many other alternatives. Talk to a professional liability agent at NewMark Insurance in Austin today for more details about products to protect your business.