As your business grows, your company will go through extensive changes. To help manage this growth strategically, you should make sure that your business has the appropriate amount of insurance coverage. At First Heritage Insurance Agency, we can help you choose the business insurance policy that can best help protect your business from unnecessary financial risks.
Commercial insurance policies can help provide financial coverage for multiple aspects of your business. These policies can help ensure that you, the business owner, are not held personally responsible for all of the costs associated with an accident or litigation. Some of the most common types of business insurance include:
Because every business is unique, there is no one-size-fits-all approach when it comes to choosing coverage options. The policy or policies that you choose will vary depending on your business’s needs; for example, a general contractor will have different requirements than a law firm. Still, many business owners are surprised to learn that they could benefit from unexpected types of insurance policies.
For example, if your business owns a fleet of trucks, there would be no doubt that you would benefit from commercial auto insurance. However, even if your company is very small and your business vehicle doubles as a personal vehicle, commercial auto insurance could help protect your business assets in the event of an accident.
In addition, as previously mentioned, if your business has any employees, New York State requires that you have workers’ compensation insurance. Even if you don’t have employees, your business could benefit from liability insurance as it can help protect your assets if your business ever faces litigation.
The team at First Heritage Insurance Agency will gladly consult you about which types of business insurance will best cover your needs. When you work with us, you’ll always speak directly with a licensed agent, not a secretary. We always strive to deliver a superior customer experience. Contact us at 631-659-2889 to request your free quote today.