Category: Commercial Insurance

There are many types of commercial insurance, and the types you need depend on many factors. The kind of business you run, what you sell, how large your business is, what it owns, and where it’s located make a big difference in the policies you need to protect the business. To find out what type of commercial insurance your specific business needs, you can contact us at CXE Insurance in Sellersburg, IN.

Worker’s Compensation Insurance 

It’s important to protect both your business and your workers by having worker’s compensation insurance, generally known as worker’s comp. This policy will pay for an employee’s costs if they should get an injury at work or an illness related to work. These can include lost wages, medical bills, and legal bills. If you have employees, you need to have this in place to protect your business from these high costs. 

Property Liability Insurance

If your business owns a property where other people, such as customers, will be, you need this type of coverage. People can be injured in any number of ways. When it happens on your business’ property, your business is responsible for the many costs involved. This coverage is important for protecting your business from financial hardship. Injuries can happen literally anywhere, even if there’s nothing dangerous in the area. 

Commercial Auto Insurance

If your company owns a vehicle, you must have commercial insurance instead of a personal policy. A personal policy is unlikely to pay out if there is an accident involving a work vehicle, while a commercial policy ensures the vehicle is covered. 

Get Commercial Insurance

If your company needs commercial insurance, we can help. Contact us at CXE Insurance in Sellersburg, IN.

CXE Insurance takes great pride in its ability to help residents in the Sellersburg, IN area by providing them with commercial insurance coverage. Our agents understand the importance of offering customers peace of mind. By thoroughly assessing each client’s specific needs and risks, CXE Insurance ensures they are well-prepared for any unforeseen circumstances.

Commercial Insurance

In Indiana, commercial insurance is not legally required for public business. However, it is worth mentioning that certain types of companies may be subject to specific insurance requirements. For example, you must have commercial auto insurance if you are operating a motor vehicle for business. 

Additionally, if you have employees, you’ll need workers’ compensation insurance to protect your employees and your business in case of work-related injuries. While not mandatory, obtaining commercial general liability insurance is highly recommended as it covers bodily injury, property damage, and personal injury claims that may arise during business. 

Although commercial insurance may not be legally mandatory for all businesses, it is crucial to assess your specific industry and evaluate the risks involved to ensure adequate protection for your business and customers alike. If you need commercial insurance for your business, our knowledgeable team can help you find the right policies to protect you. 

Find Out More Today

At CXE Insurance, we take great pride in serving the residents of Sellersburg, IN by assisting with their commercial insurance needs. With our professional expertise and extensive insurance industry knowledge, we strive to provide our customers with the highest quality insurance options. Our dedicated team understands businesses’ unique challenges in the Sellersburg, IN area. Call or stop by to speak to us today and get the coverage you need to feel secure. 

Given the number of risks that businesses face every day, it is hard to imagine why you would want to face them alone. When you have commercial insurance, you have a team of experts on your side who can make surviving the risks possible. At CXE Insurance in Sellersburg, IN, we will do a risk analysis of your business and make recommendations for the types of coverage that would suit you best. 

Commercial Insurance Coverage Options

Commercial property insurance

Commercial property insurance is a must for almost any business. It covers the building if you own it and also all the things you require to do business. Depending on the type of business that you own, it can cover inventory, raw materials, machinery, office equipment, electronics, tools, or display units. It covers the most common hazards including theft, fire, and vandalism. 

Commercial liability insurance

Being sued is a real danger to any business. Your chances are as high as 33 percent every year of being on the receiving end of legal action. Liability insurance covers not only the judgment up to the limit of the policy. It also covers legal expenses. It can be a lifesaver and keep your business viable.

Workers compensation insurance

In the state of Indiana, if you have more than one employee, you are required to cover them with workers’ compensation insurance. There are some exclusions, but most businesses are required to have it. 

Business interruption insurance

If your business is not able to function because it has been hit by a covered hazard, your income will cease. Unfortunately, your expenses don’t stop. If you have business interruption insurance, it will provide the funds you need to pay your bills, payroll, and even a salary for yourself. 

We Are Here To Help

Contact CXE Insurance in Sellersburg, IN for all your commercial insurance needs.