As a business owner, there are some things you can do to protect your investment, employees, and customers so that you remain successful for years to come. At Brothers Wood Agency, our policies include all the insurance requirements by the states and additional coverage options.
If you own a business with more than two employees in most states, then you are required to carry worker's compensation insurance. This type of commercial insurance protects your employees when they are hurt on the job, covering all medical expenses and even some payroll, if necessary, while they are recovering.
If your business requires the use of a commercial vehicle, you are required to carry commercial auto insurance on these vehicles, which provides full coverage and protection for your employees who will be operating these vehicles. Whether they are responsible for the accident or not, they are covered in bodily injury and property damages.
There are several additional commercial insurance coverage options that you can add to your commercial insurance for complete coverage.
This recommended policy gives your business financial protection for any general liability case that can include property damage or bodily injury. It can be used to cover cases that include staff, customers, and public patrons.
If an employee at your business has not provided their work by required deadlines or made significant mistakes, you have protection against these lawsuits.
Sometimes your business property could be the victim of an accidental tragedy or a targeted theft and vandalism case. In these events, damages will be done to the property and need to be repaired. With property protection insurance, you can make a claim and get your insurance to help repair these damages.
If you are a business owner and need commercial insurance, our agents at Brothers Wood Agency are here to assist you with all your insurance needs. Call us today for more information.
While our offices are located in Savage, MN and Fort Mill, SC, we do commercial insurance business nationwide and offer personal insurance business in MN, SC, NC, WI, NM, TX and FL.
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