Owning your own business can be both rewarding and challenging, however, selecting insurance for your company can be overwhelming. There are nine basic forms of insurance with confusing details to sort through. An insurance agent can create individual policies or bundles to fit your company’s specific needs. Insurance is essential for a business no matter the size or type and a Business Insurance Boston agent can be your new best friend.
The first four types of insurance deal directly with the business. They are Property, Casualty, Liability and Business interruption. Property insurance covers the physical location from damage like fire, flooding or strong winds. Casualty insurance covers loss of the business. Business interruption insurance covers your loss of income if you are unable to keep your business open after a power surge blew out your oven at the bakery. Finally, Liability insurance Boston covers the business if it is being sued for negligence.
There are two types of insurance for employees or staff. The first is workers compensation which covers an employee if they are injured on the job. It can cover things like medical bills and wage loss. Health insurance for employees is essential in today’s world.
The final two other policies are Commercial auto and Life and Disability. The Commercial auto insurance Boston covers exactly what it says, your commercial vehicles for any damage done to it or by it. Life and Disability insurance protects the company if one of the owners dies or becomes disabled and cannot work. The company is the beneficiary and the missing partner’s portion can be bought out. A certified agent can assist you with your Business Insurance Boston specific needs.
To find a qualified agent, a yellow pages search will reveal over 190 agents in the Boston area. You have enough on your mind running your business. Most business owners do not have the time or energy to filter through the mountain of information. By hiring a Business Insurance Boston company, you are letting the agent do the tough part, and possibly reducing your risk of costly mistakes. When you let a specialist handle the insurance needs, you the business owner, can get back to what you really want to do, and that is running a successful business.
