Why You Need to Have Commercial Insurance

As a small business owner or business manager, there are many important decisions that need to be made regularly. One decision is whether or not to get a quality commercial insurance policy. There are several reasons why you need to have a commercial insurance policy in place to protect your business. 

Protect Against Liability

One of the main reasons why you need to have commercial insurance is that it will help to protect you and your business against liability. Whenever you provide your product or service to a customer or client, you are taking on some form of professional liability. If something bad happens, your business could be found liable and could face a tough judgment. When you have a commercial insurance policy in place, you will receive protection against this risk.

Law Requires It

While it is always a good idea to carry a commercial insurance policy, it is also a requirement by law in some situations. Commercial insurance policies will often include a workers compensation component. For business owners that are in the Ballston Spa, NY area, staying in compliance with the New York workers compensation law is important. Those that do not have this coverage could end up facing still penalties from the state. This type of coverage will also provide you with great financial protection in the event an employee is injured while at work and you are determined to be liable.

When you are looking for ways to better protect your Ballston Spa, NY area business, one of the best things that you could do would be to contact the Zapp Insurance Agency. When you work with the Zapp Insurance Agency, you can be assured that you will receive the coverage that you need to properly protect your business.