One of the smartest investments you can make when starting a new company is purchasing commercial insurance. Commercial insurance can protect you from financial loss and can be the difference between staying a float and going under.
Commercial insurance is crucial for small business and without it, you risk going out of business. It protects you from commonly experienced losses including property damage, liability, theft and employee injury.
The most common forms of commercial insurance are liability insurance, property insurance and workers compensation insurance. Liability insurance protects you from damages that your company inflicts on third parties. This type of insurance coves the cost of personal injury or property damage lawsuits customers incur at your place of business. Property insurance covers damages to property at your place of business, including fire of flood damages. Workers compensation insurance coverage protects you in the instance that your employees are injured on the job. By law it also prevents employees from filing lawsuits against you for injuries they sustain in the workplace. On top of these three coverage’s there are also additional, specialized coverage forms that can protect you from business liability.
No matter what type of business you are in, Gould is ready to help protect your venture.
The staff at V.W. Gould Agency are experienced professionals in risk management and have extensive experience in commercial coverage. We are able to review your business and discuss specific losses that are common within your industry and present a proposal for coverage options based on the business you are in.
For a free quote on commercial insurance call our office today at (386) 734 3970