You don’t have to wait for misfortune to benefit from your commercial liability policy. Here are several ways your commercial liability policy from The Shay Agency in Wilkes-Barre, PA helps your business right now.
- Your commercial liability insurance can help you find more business. For construction contractors and those who provide direct services to clients, an active commercial liability insurance policy can be an essential selling point. With these policies, your clients know that any damages they sustain from your services or products will be financially covered. Let potential customers know that you care about their property enough to carry extra protection.
- Are you looking for a small business loan? Your active commercial liability policy makes you a more attractive candidate for bank loans. If an accident occurs while your loan is still open, lenders know that they’re more likely to recoup their investment when you have adequate insurance coverage.
- Professional entertainers, writers, and others who frequently state their opinion in a public forum are at high-risk for lawsuits related to slanderous speech. Your active commercial liability policy protects you from the financial fallout of these cases. If you’re trying to convince a publication, station, or other outlets to carry your brand, this type of coverage could help convince them that you’re worth the risk.
- Freelancers and independent contractors often work together on more significant projects. This allows them to make more profits with less effort. However, you can’t always be sure of the other person’s abilities. With an active commercial liability policy, your interests are always protected, no matter who you work with. If an accident or loss occurs, your policy ensures that you’ll be able to afford any legal liabilities. It may also make you a more attractive partner for more experienced partners.
The Shay Agency in Wilkes-Barre, PA offers commercial liability insurance coverage for businesses of all industries, sizes, and purposes. Let us know how we can help you achieve your business goals with comprehensive insurance coverage.