Commercial Insurance
Owning your own business can be an exciting and rewarding adventure. There are few other things in life that will give you the same sense of accomplishment and satisfaction. However, there are certain risks that come along with owning your business. You have invested a lot of time and money into your business and you want to be able to protect those investments. First Choice Insurance Services is here to help business owners in Iowa understand how they can protect themselves and their business better. Keep reading to learn about commercial insurance and how it can help your business succeed.
What is Commercial Insurance?
Commercial insurance is a suite of insurance coverages that assist business owners in protecting their investments. These coverages can be customized to meet the specific needs of your particular business. Regardless of the size of your business, insurance coverage is an essential part of your success and protection.
What Does Commercial Insurance Cover?
Although commercial insurance can be customized for you, there are a few general types of coverage it offers.
Automobile Coverage- If your company uses vehicles in the everyday operations of your business, commercial insurance will cover those vehicles and their operators, in the same way that a normal auto policy would. This is essential to the safety and financial stability of your company.
Property Coverage- If your business operates a brick and mortar location, you will want that property and any buildings on that property protected. If there is damage to the property due to fire, storm, or burglary, this coverage will kick in to pay for damages, repairs, and replacements of lost items. Without this coverage, these expenses would come out of your pocket. This can leave you and your company financially vulnerable.
Liability- Liability insurance coverage is an essential type of protection for business owners. If someone is injured on your property or as a result of your products or services, liability insurance will cover the expenses caused by this.
If you would like to learn more about commercial insurance, please contact our friendly staff today at First Choice Insurance Services, serving business owners in Iowa.
