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Three Basic Business Insurance Coverages You Should Carry

Finding the right insurance agency in Orlando, FL is not an easy matter. With so many options to choose from, new business owners oftentimes settle for the lowest rates rather than making sure that the carrier and policy align with their needs. Before you sign up for your new policy, here are three basic business insurance coverage’s that you should be sure to carry.

Commercial Property Insurance

Commercial property insurance covers everything from your building to the data on your computers. Whether due to an accident or theft, the policy will reimburse you for any losses to your property.

General Liability Insurance

Maybe the most popular form of business insurance, general liability keeps your business protected when your business causes harm to a non-employee. For example, if your product or service injures a customer or damages their property, this part of your policy will cover the cost associated with lawsuits, settlements and medical expenses.

Workers Compensation Coverage

If you have at least one employee, its recommended that you carry workers compensation insurance. In case of an on-the-job injury, your policy will be there to cover any legal or medical fees associated with the accident.

Most importantly, as you search for an insurance agency in Orlando, FL, don’t just settle for the carrier with the lowest rates. The agency you choose should have a positive customer service record and offer a policy that meets your exact needs.