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.