When you own a small business, you are probably watching every penny that you spend. You may try to save money, by doing with less. That being said, it can be a mistake to skimp on your business insurance.
In order to make sure that you have enough insurance for your business, you need to know more about the types of business insurance. QuoteBroker Insurance Services in Santa Clarita, CA can help you navigate this important insurance coverage.
The most common type of insurance is called the Business Owner’s Policy:
It includes general liability, commercial property insurance, and business income insurance.
- General liability insurance protects you if someone is injured on your property. It will cover medical expenses and other fees. General liability also covers damage that may occur to someone’s property.
- Commercial property insurance covers your building where your business is. It will cover your office whether you rent or buy the building. It also covers the equipment that you have in it.
- Business income insurance protects you if you are unable to run your business due to property damage. It will help you pay your bills, even though you aren’t able to make any money.
You may also want to look into professional liability insurance
This is also called errors and omissions (E&O) insurance because it will cover your legal fees if you have made a mistake in your business.
If you have a vehicle that you use for your business, you will need commercial automobile insurance
This works like regular automobile insurance.
In order to be fully protected, you may also want umbrella insurance
This simply picks up where your regular insurance stops.
Give Us A Call
In order to make sure that your small business is protected, you need to contact us today at QuoteBroker Insurance Services in Santa Clarita, CA.
