What Kind of Commercial Coverage Does Your Small Business Need?

After working so hard to establish a small business, protecting your assets with commercial insurance only makes sense. Whether your small business is home-based or located at a separate business site, commercial insurance can protect you from unforeseen incidents that can cause financial loss. At Attain Insurance, we work closely with small businesses in Fort Payne, AL, to help owners get the essential coverage they need.  

Required Commercial Coverage in Alabama

If your business employs five or more people, you’re required to have worker’s compensation insurance to protect them from injuries on the job. Worker’s comp helps cover your employees’ medical bills, lost wages, and more to help them get back on their feet after an injury on the job.  

Additional Commercial Insurance Coverage

In addition to protecting your employees, you can purchase coverage to protect your business property, equipment, revenue, and other assets against financial loss.

General liability insurance covers accidental injuries when customers visit your business site. Accidents happen all the time. Even a slip and fall can result in severe injuries with high medical costs. General liability will cover these expenses to protect your company’s assets.

Property insurance covers your building, business equipment, and inventory. If high-end equipment is stolen or your building is damaged by an unforeseen disaster, property insurance provides financial resources to repair or replace your goods, equipment, or building, keeping you from financial loss.

Business interruption insurance helps cover loss of revenue if your business has to shut down temporarily due to a hurricane, fire, windstorm, or other disaster.

To save money, we recommend purchasing a small business owner’s policy (BOP) that provides all this coverage simultaneously.  

Looking for Commercial Insurance?

For quality commercial coverage for your small business in Fort Payne, AL, contact Attain Insurance.