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The Shay Agency

1147 Hwy 315 Blvd
Wilkes-Barre, PA 18702

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Insurance Blog

Four reasons why it’s so important to have commercial insurance

Insure your company in Wilkes-Barre, PA with a policy from The Shay Agency. With insurance coverage, your company will enjoy a lot of advantages. 

The following are four reasons why it’s so important to have commercial insurance coverage. 

Carrying commercial insurance shows professionalism.

Companies should be insured if they want to show professionalism. Customers are more likely to do business with an insured company they know is financially secure. 

Being insured makes running a business less stressful.

If you’re running your business without carrying insurance, you may feel constantly worried about possible expenses that can come up. Being insured gives you more peace of mind and can minimize your stress as a business owner. 

Having commercial insurance might be required by the terms of the contracts.

If you have partnerships with other businesses, these businesses might require you to have commercial insurance. Your customers might also require you to be insured as part of contract agreements with your company.

Carrying commercial insurance can, therefore, qualify your company for more opportunities.

Commercial insurance coverage can keep you in business if you face a costly issue like a lawsuit.

If your company gets sued, the resulting expenses could put you out of business if you don’t carry any coverage. With commercial insurance, you can cover the costs of a lawsuit so that your business can continue to operate and isn’t ruined financially. 

Contact us at The Shay Agency if you want the right commercial insurance solution. We can give you a quote on insurance coverage for your business in Wilkes-Barre, PA.