Are you a business owner in Wilkes-Barre, PA? Have you got insurance to protect your most important asset? The Shay Agency can provide you with a quote or answer any questions you may have.
Why Commercial Insurance?
Commercial insurance, or business insurance as it is more commonly known, protects your business financially from risks such as customer or employee injuries, client lawsuits, property damage, theft, or other unexpected events.
Even though a business owner’s policy and a commercial package policy both protect businesses, there is a difference. A BOP (business owners’ policy) is a bundled package of different coverage for companies with small to medium-sized risks. A CCP (commercial package policy) is tailored to the specific needs and risks of the business.
Most commercial leases require business liability insurance. It is important for Pennsylvania businesses to have this protection against third-party risks. A commercial general liability policy will protect a business from financial loss in the event you are responsible for property damage, or personal or advertising injury caused by your service, employees, or your business operations.
Commercial property coverage will protect your company’s physical assets from vandalism, theft, weather events, fire, explosions, or burst pipes. Floods and earthquakes usually are not covered by commercial property insurance unless added to the policy.
Common commercial insurance packages include liability, workers, and property. The types of policies issued depend on the business.
Things to look for when choosing a commercial insurance carrier:
- Note the premiums and look at the inclusions
- Compare carrier ratings
- Compare policy limits
- Make sure the policy provides commercial property coverage
- How much is the deductible?
Get The Right Coverage Today
Don’t let your most valuable asset remain unprotected. Contact the insurance professionals at The Shay Agency in Wilkes-Barre, PA to receive the answers you need today.