• small business insurance

small business insuranceMost small business owners know a lot about the services they provide, but not a whole lot about how to protect their business from uncertainty.  Understanding what types of insurance are available to small business owners and how to determine what their business needs can be tricky.  We’ve put together a list of things to consider when you’re looking at small business insurance options.

Do you have employees?

If you have employees, you should consider workers’ compensation insurance.  Workers’ compensation insurance provides benefits to employees for work-related injuries or illnesses.  Benefits include medical care coverage, replacement of lost wages, disability, and funeral expenses if necessary.  Unfortunately, some workplace injuries result in a lawsuit against your business.  Workers’ compensation insurance can help cover any legal costs you encounter in those cases.

What types of equipment and materials are essential to your business? 

If a fire destroys the computers in your office or someone breaks into your business and steals valuable equipment, business property insurance will help replace the property.  Business property insurance will also help you restore lost income if you cannot provide services without the property covered.  

What is your liability risk?

The trickiest part of determining what business insurance coverage you need is understanding the risks related to the products or services you provide.  Every business has the potential to face liability claims, no matter how careful you are. General liability insurance protects your business from claims that your services caused bodily injury or property damage.  Professional liability insurance protects your business from claims that your errors in your services resulted in a loss for your customer.  Making sure you have the right coverage for both types of insurance is essential in protecting your business from liability claims.

Work with a small business insurance expert!

As you can tell, there is a lot to consider when selecting the right business insurance coverage.  The experts at Arthur Blake Insurance use a tailored approach to help their clients get the right policies in place.  Arthur Blake Insurance will provide the expertise you need to get the perfect coverage for your business, so you can focus on delivering exceptional services to your customers.  Are you interested in finding out what coverage your business needs?  Give the experts at Arthur Blake Insurance a call at 972-954-6383 to get started!

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