No matter what kind of business you own and operate in Ohio, you need to protect it. Not only is this a smart business decision, it also helps your business grow and thrive in the years to come. Every business has different needs, and it’s important to work with an independent insurance agency who tailors insurance coverage to your business.
All Ohio businesses need certain business insurance protection, regardless of your industry.
General Liability Insurance
When you work with the public, service providers or vendors, you have a substantial liability risk. People get hurt, belongings become damaged and you’re responsible for paying. Add in a lawsuit and the costs add up quickly. General liability insurance helps when someone is hurt, property is damaged and when you get sued.
Commercial Property Insurance
Every Ohio business owns property, whether it’s a building or equipment. Make sure your property is protected from fire, theft, storms, and other disasters with a commercial property insurance policy. Some policies include lost income coverage to provide an additional safety net.
Commercial Auto Insurance
If you own company vehicles, you need a commercial auto insurance policy. You will also need coverage if you or your employees use personal vehicles for business purposes. It offers liability protection and covers of the costs of injury and property damage after an accident.
Every business faces potential liabilities. One big accident can exceed the limits of your standard policies. Instead of facing financial ruin when you can’t pay a big settlement, make sure you have an umbrella insurance policy for when your business insurance policy limits are met. It’s not something you need all the time, but you’ll be glad to have it. Umbrella insurance is an extremely affordable option to help cover unexpected costs. Think of it this way: an attorney to represent you in a lawsuit can cost $200 an hour. Umbrella insurance costs $200 a year.
These aren’t the only types of Ohio business insurance you’ll need. We offer specialized coverage for multiple industries, from retail stores to breweries. Contact us or fill out the form to request a free quote.