Commercial Insurance
Are you starting a business in New Jersey or Pennsylvania? Congratulations on your bold move. Starting a company gives you financial freedom and offers a sense of fulfillment. While entrepreneurship is exciting, you need to be wary of the uncertain business environment. You can protect your hard-earned business by securing a business insurance policy from Tadas Insurance Group. While commercial insurance doesn’t prevent business risks, it gives you a financial cushion when the worst happens.
Commercial insurance coverage options
Businesses aren’t the same — one company differs from the other. With that said, don’t expect a uniform commercial insurance policy. Commercial insurance is divided into several policies to satisfy different business goals. Here are common business insurance policies:
- Workers comp insurance: As long as you have an employee in your business, you should consider this coverage. This policy covers medical costs, ongoing care, and partial loss of wages for your employees after suffering work-related illnesses and injuries.
- General business liability coverage: Regardless of the nature of your business, you can’t evade liability claims such as property damage, bodily, and advertising injury. And since these third-party claims can be expensive, you must invest in business insurance to protect your finances.
- Property insurance: If you have business assets like inventories, buildings, computers, and furniture, you must invest in property insurance to compensate you when losses or damage occurs to your assets.
- Cyber liability: This insurance policy covers you financially when you experience a cyberattack that results in data breaches and other losses.
- Commercial auto insurance: Whether you own one vehicle or a fleet of commercial vehicles, you must invest in commercial auto insurance to protect your car and the driver when accidents happen.
- Professional liability insurance: If you offer professional advice, invest in this coverage to protect you when sued for negligence or missed deadlines.
Are you looking for commercial insurance in New Jersey or Pennsylvania? Please get in touch with Tadas Insurance Group for an affordable quote.
