There are many perks to being your own boss, but being sued by a disgruntled employee or a customer who fell on your premises isn’t one of them. Running your own shop carries a ton of responsibility, and one of those responsibilities is securing and maintaining proper insurance in Glen Rock that complies with all state and federal regulations. You opened your doors to become a Fortune 500 company; don’t have them closed by an unexpected incident.
If your business is a certain size and you employee the requisite number of people, you’ll need to secure worker’s compensation coverage. Your business building itself, whether you have customers on the property or not, must be insured with the proper general liability coverage, and what about your equipment? You do not want to lose the very machines that keep your doors open.
With the proper policy, insurance in Glen Rock can even protect you against professional liability, such as errors and omissions and your fiduciary responsibilities. As you grow, protect your corporate offers and directors, and don’t forget to cover your company vehicles, which seems like a lot but is worth it. Running your own business is a huge responsibility, so make sure every aspect of it is protected by the proper insurance coverage.