Your business began with an idea for how to improve life or a product that would revolutionize the marketplace. You’ve worked hard to make that original spark of imagination into reality. Now, you need to protect that business and keep it growing. This is where the agents at The Shay Agency, serving the Wilkes-Barre, PA area, can help.
Commercial insurance combines the protection of several policies. Liability coverage is important for business, particularly startups. It covers several areas of liability risk such as personal injury or injuring that is the result of the company’s products or services. This is accompanied with property insurance for any structures the company owns. The policy will also cover the contents of the buildings including computers, raw materials or inventory and equipment. Virtually, everything the company needs to operate. Typical perils that are covered include severe weather damage, fire, and theft. It will not, however, cover flooding. If the business is located in an area with high or moderate flood risk, discuss the options with the agent. Lastly, worker’s compensation covers employees if they are injured on the job. These are the basics but depending on the type of business you have, you have needed additional coverage. For instance, corporate fleets have commercial auto insurance and professional corporations have professional liability coverage. Some businesses carry business continuity insurance so that they can recover quickly if a disaster occurs.
At the Shay Agency, your agent will take the time to get to understand your business’ needs. They will then talk about the options that you have and answer any questions. In the Wilkes-Barre, PA area, they know the types of protection businesses need. Go online for general information or come by the offices. You’ve worked hard for your business, now protect it.