Commercial insurance is an important protection for small and growing businesses. It can mean the difference between recovery and going out of business after a disaster. A commercial policy brings together several different types of coverage. This allows different parts of the business to be protected and to also tailor the coverage to the business’ needs. In Arkansas, our agents at Summit Insurance Advisors are ready to help you get the amount and type of coverage that your business needs.
Commercial insurance commonly includes property, liability, and worker's compensation coverage. Property insurance covers any buildings that the company owns including its contents such as computers, materials, and inventory. Liability coverage protects the business if someone is injured at a business location or by the products or services it offers. Worker's compensation protects employees who are injured on the job.
Additional coverage is also available based on your business’ needs. Professional corporations, such as physicians and attorneys, opt for professional liability coverage. Business continuity policies help corporations when they are unable to operate normally following a disaster. An umbrella policy provides an extra layer of protection above the existing commercial policy. It goes into effect when the base policy is maxed out and need the protection the most. Commercial auto insurance policies protect the corporate fleet. If your team frequently attends trade shows, public demos, or other off-site events, special inclusions can be added to the policy.
Commercial insurance is not a one-size-fits-all situation. Your policy can be tailored to meet your business’ needs. In Arkansas, our team at Summit Insurance Advisors can help you decide the best coverage for your business. Our website has information to get you started. Then call or come by for more detailed information. You’ve worked hard to build your business. Make sure that it is adequately protected. Also, periodically review your policies to ensure that they are still a good fit. Call us today and protect your business.