Running a business requires a significant investment. Business insurance helps protect that investment. Business insurance is insurance coverage that protects your business from potential risks that may occur such as an injured employee, a lawsuit, property damage, or a natural disaster. What type of insurance you need depends upon what type of business you own. Before deciding on insurance coverage, evaluate your business insurance needs carefully. Our insurance agency can help you with this. The saying is there is no business like show business, but there is no business like your business.
State governments determine the insurance requirements for businesses in their state. Most state business requirements include workers’ compensation if the business has employees, unemployment insurance, and disability. If you have a business vehicle your state may require you to purchase commercial auto insurance. Also, if you relied on a financial lender to get your business started, they may require you carry various types of insurance to protect their investment including but not limited to:
- Fire insurance
- Flood insurance
- Business interruption insurance
- Life insurance
Staying Ahead of the Game
You’ve probably heard the quote “The only thing that stays the same is change,” well, that goes for your business, too. Things will change. Hopefully your business will grow and when it does you will want to be sure you are still well insured. That’s why you should reassess your insurance needs annually. Did you buy new equipment, replace equipment, change locations, add a new location, or expand operations? If so, your insurance coverage needs to be updated. As your business grows, so do your liabilities. Don’t be caught underinsured. Protect your investment. When you choose the Jeff Van Matre Insurance Agency we will be with you every step of the way.
ABOUT YOUR DALLAS INSURANCE COMPANY:
With over 20 years of experience in the insurance industry, the Jeff Van Matre Insurance Agency can help you choose the right coverage plan to protect your personal and business assets. To learn more, or to get a free quote, call our Carrollton office today at 972-492-8500.