Whether you are starting a new business or just looking to price out your current business insurance just know the important talking points. Do NOT over pay for commercial insurance. Your business needs protection from specific types of losses just like your personal insurance does.
Liability protection and property protection are normally packaged together with most carriers and often times you will find that is cheaper than a stand alone general liability policy itself. Most package policies come packed with additional coverage's built right in this is the way to go.
The liability protection on the policy serves as protection from potential claims filed against your business for it's actions, while the property protection provides coverage for damage to your business property either on that location, or sometimes in transit or on the job site if that is included.
Damage to your business property can include computers, furniture in office locations, and other business related property on that location such as stock and or materials related to the business. There are literally tons of additional coverage's to chose from. Business interruption coverage is one of those I find to be essential to business owner's. If your business is forced into closure because of a covered loss like fire, or water damage this coverage will pay for the continuance of your business even if it requires renting another location while your location is being repaired.
You can really have your policy built to fit your specific needs. An agent should be able to learn about your business and offer you a package policy with some enhancements tailored to your specific needs. This is where finding an educated agent comes into play. Some businesses have exposures that are not always fully covered in the base policy. If you have special equipment as a contractor, or computerized equipment, you may need some additional coverage. The choices are limitless, but working with your agent to not overload you with insurance while getting you the most comprehensive coverage available is a must.
Find an agent with some history don't be afraid to ask what their background is. You wouldn't want your agent to have never worked in the industry prior to opening the agency, or if you even remotely feel like your agent is not fully knowledgeable then find another to quote for you.
Brookson Insurance has a combined 30 years of prior claims handling experience including commercial claims adjusting. Before becoming an agent I worked as a property claims adjuster handling both personal home and commercial business losses. I know how the policy is supposed to work for a business owner and moreover I know what coverage's they need. It's my expertise!
As you approach the New Year take a look at your current policy, or if you are a new business sit down with an agent and really dig in know what you have and why you have it. Trust me if you suffer a loss you will be glad you had someone provide you with the coverage to get you back on your feet right away. It is your livelihood so it can't go on pause just because of an insurance claim. We'll keep you rolling!
Call us anytime with questions we love helping you review your needs even if you just want an answer and can't get anyone at your agency to answer the phone or return a call. We're here for you whenever you need us.
Brookson Insurance your trusted premier agency servicing the Indy Metro area.
Heather Swank - Owner / Agent
Darlene Robertson - Office Manager / CSR
Brookson Insurance
317-534-5202
Heather@brooksoninsurance.com
Brookson.Darlene@gmail.com
