Commercial Insurance in North Carolina
For people looking to be their bosses or acquire that extra income, having a business can help you achieve this. When you are a boss, you have to take many responsibilities, including insuring it. With the right policy, commercial insurance can help you from going through a financial loss. It can also help you get financing, as most lenders often require it. If you are not sure which policy is right for you, Navigate Agency, serving the people of Greensboro, NC, takes you through the various types of commercial insurance in the market.
Commercial General Liability Insurance
This policy protects you and your business from financial loss if you are found liable for personal injury and property damage caused by your business operations. This can be a customer tripping and getting injured because of loose flooring. It could also be your employee accidentally leaving a tap on a client’s home, which ends up causing damage, or a lawsuit filed against the business for things like a wrongful advertisement.
Workers’ Compensation Insurance
This policy is necessary for any company with employees. Suppose they suffer a work-related injury and end up in the hospital or lose their lives. In that case, the policy will cover medical expenses or provide death benefits for the family left behind.
Commercial Auto Insurance
The policy protects you and your employees when driving a company vehicle. It can cover bodily injury and property damage claims after an accident where you were at fault.
Commercial Property insurance
To protect the business’s property, including inventory, furniture, tools, and equipment, you should consider this policy. It helps protect company property from risks like fire, theft, and vandalism. If they are exposed to any covered risks, your policy will help repair or replace those items.
Business owners in North Carolina looking to learn more about their insurance options can reach out to Navigate Agency in Greensboro, NC. We have knowledgeable agents that will analyze your business needs and help you tailor the right policy for you.