You went into business to make money. In the early days of your company you likely spent the majority of your time building your business to make it what it is today. Without a good commercial insurance policy, all your hard work could go down the drain if one of your customers or a job applicant files a lawsuit against your company. You can avoid that kind of disaster by working with an agent to get Commercial Insurance in Tyler TX to protect your business and even your personal finances.
Every business, regardless of the amount of assets owned, needs insurance. There are a number of different kinds of commercial insurance and an experienced agent can help you determine the right kind of coverage for your company. If your business owns one or more vehicles or if your employees make deliveries and you make personal visit to potential clients, you need a commercial auto insurance policy. Your personal car insurance won’t cover business use of your vehicle.
Liability insurance is another vital part of any business owner’s portfolio. This type of insurance protects your company’s finances in case someone gets hurt while they are at your retail location. It will also provide coverage if you are sued for negligence. Your Commercial Insurance in Tyler TX will pay the expenses related to defending you against a lawsuit, whether you win or lose. These costs can run into the tens of thousands of dollars. Your business cannot afford not to have a liability policy.
Businesses in Tyler that have employees need worker’s compensation insurance. A worker’s compensation policy pays the medical expenses and lost wages of an employee who is hurt. Employees who are covered by insurance give up their right to sue their employer for any illness or injuries related to their job.
Whether you are a new business owner or you plan to expand your company and need additional insurance coverage, contact Kit Parkhill Insurance Agency to find out how commercial insurance can protect your company as you grow. Your agent will take the time to understand your business and recommend the most appropriate for you.
