877-907-5267The acronym K.I.S.S. has a number of iterations that all encourage keeping situations simple. For our purposes we’ll say these letters stand for “Keep It Sufficiently Simple”–both because it’s a polite version, and because, to paraphrase a saying attributed to Albert Einstein, you should keep things as simple as possible… but not any simpler.
Instead of being really complicated and covering every nuance, let’s break down business insurance in its simplest forms.
General Liability Insurance provides protection for injuries or damages sustained by a third party at your business location.
Buildings and Property Insurance
Property and casualty insurance covers buildings and property. As simple as that seems, there are a number of losses that aren’t covered, such as flooding. Just because your business is in leased space not owned by you does not mean you can go without property and casualty insurance.
A Commercial Auto insurance policy will cover your business vehicles and their drivers. Again, this seems simple, but many business owners open themselves to a variety of risks by using their cars and assuming a personal auto policy will cover any risk. Sometimes, the auto coverage can be combined with property and casualty in a business owner’s policy.
Every business with workers should have Workers Compensation in place in order to be protected if an employee is injured on the job. Some states also require additional coverage be provided. Meet with your licensed insurance professional to determine what coverage is mandatory.
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Need additional direction or help? Click ‘Get a Quote’ above to start the process for a quick, free quote, or call 1-877-907-5267 to speak with one of our representatives.
