It doesn’t matter if you’re just starting out with your business or you are changing insurance providers, it’s important to pay attention to the details before you sign up. Buying commercial insurance doesn’t have to be a headache, especially with the help of an agent from Zapp Insurance Agency of Ballston Spa, NY. Here are 5 ways you can make sure you’re getting the best insurance policy for your situation.
Liability Insurance Is Key
You’ll want to get liability insurance coverage, regardless of the type of company you have. It will cover your business in a broad sense against claims of negligence, injuries, and accidents. Check with your insurance provider that the amount of coverage is in line with your business’ level of risk.
Auto Insurance for Company Vehicles
If you have vehicles that you use for business purposes, it’s in your best interest to have commercial auto insurance on them. It will cover the cost of an accident if you or an employee are found to be at fault.
This should be set up to serve as protection in case a full-time employee becomes ill or injured and it’s deemed to be related to their work activities. It usually covers the person’s lost wages, medical treatment, any disability benefits they may need to get, and legal fees if the individual or their family decides to sue.
Data Breach Insurance
This is ideal if you keep or work with customers’ sensitive information. It can help you protect against an electronic or physical breach of information. Small and medium-sized businesses are increasingly being made targets of hackers, so don’t overlook this when you’re putting together your policy.
Go Through a Small Insurance Firm
A smaller firm will be better at discussing your needs and anticipating anything that you haven’t considered. It’s always good to run through any potential circumstances that your company is at risk of and will need insurance coverage to protect against. Zapp Insurance Agency of Ballston Spa, NY will help you figure out the types of insurance your company needs.