Commercial Insurance in Indiana
Owning a business is a dream for many people. Many people do not consider that along with the excitement and freedom of business ownership comes a great deal of liability risks. These risks can significantly impact your business if you are not adequately insured. Here at CXE Insurance, serving New Albany, IN, and the surrounding areas, we want to help business owners stay protected from these risks. Keep reading to learn more about commercial insurance.
What Commercial Insurance Covers
Commercial insurance is a special type of insurance product that is made especially for business owners. These types of policies will bundle together different types of coverage that business owners often need to operate safely and legally.
In general, a commercial insurance policy will provide coverage in the following areas:
- Property damage- This is one of the biggest risks you might face as a business owner. If your place of business is damaged or lost due to fire, natural disaster, or even burglary, it could put you at a huge financial disadvantage. It might even mean the end of your business. With a solid commercial insurance policy in place, you will have financial assistance in rebuilding or repairing your property or equipment.
- Liability- Business owners are at critical risk for liabilities. This can stem from employee injuries, customer injuries on your property, or injuries or damage resulting from your goods or services. These types of liabilities can even result in lawsuits in some situations. A commercial insurance policy will cover different expenses resulting from a liability claim.
- Auto- Many businesses use vehicles to operate on a day-to-day basis. These vehicles will need proper auto coverage as well.
If you want to learn more about commercial insurance in Indiana or any of our other insurance products, don't hesitate to contact us at CXE Insurance serving New Albany, IN, and the surrounding areas.