Arroyo Insurance

4 Basic Coverages Every Business Owner Needs

When you own a business, you are responsible for every aspect of that business. You need insurance policies that protect the physical property, equipment, your workers and the company itself. When you are looking for Glendale insurance agencies to ensure your business, Arroyo Insurance programs advise that you ask about four basic coverages.

  1. Liability

    No matter how careful you and your employees are, you may be sued by unhappy clients at some point. When that happens, good liability coverage can help with your legal expenses. In addition to general liability, you may consider additional coverage that caters to the specifics of your industry:

  • Cyber liability
  • Professional liability
  • Pollution liability
  1. Commercial Property

    Damage to your property can set your business back without the proper coverage. Your insurance package should include policies that let you get the necessary repairs you need or replace stolen or damaged items.

  2. Commercial Auto

    Any time you designate a vehicle for business purposes, you need insurance for it. This protects you in the event of an accident.

  3. Workers’ Compensation

    When workers are injured on the job, you have a responsibility to make sure they are taken care of. A solid workers’ comp policy can help them with lost wages and medical bills.

You may need more coverage than this, depending on the type of business you own. Getting these four basics is a good place to start, though.

Henry Henrynms (Author)