Does Your Startup Have The Coverage It Needs?
When you start a business, there are a few essentials you need: a business name, a tax ID, a steady stream of income, enough manpower, and insurance coverage. Without this last item, you could see all of your hard work swept out from under you. So you can get the coverage you need to have peace of mind, carry these important components of business insurance.
• General Liability Insurance: We live in a world where more businesses get sued every day, so it is crucial yours has the protection it needs to be financially safeguarded even in the face of a lawsuit. General liability insurance will protect you if your business is responsible for property damage, personal injury, slander, or libel.
• Property Insurance: Wherever you practice your business, it is important to protect the property. Property insurance will also extend to the equipment you need to do your work, meaning a fire that destroys your business location and your valuable equipment will not capsize your business.
• Workers’ Compensation: If one of your valuable team members gets injured on the job, workers’ comp will offer him or her the protection you would want but possibly be financially unable to offer. This includes medical payments and reimbursement for wages lost due to the injury.
• Business Interruption Insurance: A sudden blizzard forcing you to close your doors could put your income stream on ice. Would your business be able to survive without it? With business interruption insurance, you do not have to worry, as this kind of coverage ensures a covered cause will never interrupt your business’s stream of income.
You should not have to figure out how to safeguard your business alone. To get the right level of protection in Chino Hill, Long Beach, Seal Beach, Los Angeles, or anywhere else in California, contact Fuller Insurance. Our team of insurance experts is here to ensure you have the business insurance you need.