Commercial insurance has to be your best friend if you want your business to thrive now and for years to come. Business insurance protects you against various risks, gives you a competitive edge, and boosts the credibility of your business.
Still not convinced about why you need commercial insurance for your Huntington, WV business? Here are the four areas covered by commercial insurance from Partners Insurance & Financial Services Inc.
Suppose a third party (like a customer) sustains physical harm either after consuming your product or slipping within your premises? Your business insurance would be responsible for medical costs and even legal charges when sued. Besides, commercial insurance bails your business when accused of advertisement injury, including copyright infringements and libel claims.
Some small business owners believe that they don’t need this coverage as the chances of injuries happening in the workplace are slim. Others believe that even if accidents happen, the impact would be small, and they would simply handle the ensuing costs out of pocket.
Unfortunately, this flawed thinking could grind your business to a halt. One significant employee injury could wipe out your company finances as you try to pay for employee medical bills and astronomical legal suits.
Commercial insurance protects your business building and its contents from various perils, including fire, theft, vandalism, and certain natural disasters. This way, you don’t have to start from level zero when perils knock on your doors.
As internet penetration soars, cybercriminals are busy thinking of how to infiltrate your IT infrastructure. And when successful, hackers leave a trail of damages, including data breaches. For this reason, you need cyber liability insurance to cover your business against online malicious activities.
Buy commercial insurance today!
Of course, commercial insurance covers more than the above areas. If you are in Huntington, WV, and looking for commercial insurance, please consider Partners Insurance & Financial Services Inc. for all your business insurance solutions.