Business insurance can cover your company against large financial losses related to such hazards as hurricanes, severe storms, blizzards, property crimes, and liability lawsuits. Although a policy is not required by law, some parts of it may be. For example, if you have at least one employee, you will be required to have workers’ compensation insurance; and if your business owns and operates vehicles, you will need to have a commercial auto insurance policy.
Because you can customize your commercial insurance policy to meet your company’s specific coverage needs, rates for this insurance will vary significantly from one business to the next. Some factors that can influence rates include details about your business, including its industry, size, revenues, and number of employees; the value of the assets you need to insure; and your company’s liability risks. A local independent agent can help you navigate through you various options to ensure that your policy does not leave you with unintentional coverage gaps.
The Trusted Choice agent gave me the best price and he was also very nice. He was great and I recommended him to somebody else. I will tell my friends to go for it if they ask. In the end, we’re all looking to save some money since insurance is getting higher and higher.Joe of Mount Holly, NJ Consumer Affairs
Because each business is different, commercial insurance providers allow you to customize your business insurance in a way that is suitable to meet your company’s specific coverage needs. An independent insurance agent can explain your many options. While there are additional types of coverage available to you, most businesses insurance plans include the following:
While hurricane damage is covered by most business insurance policies, the flood damage that often accompanies these storms is not. If your business is located in a flood zone, or is otherwise at risk for flash flooding, be sure to ask your insurance agent about supplementing your coverage with a commercial flood insurance policy through the National Flood Insurance Program (NFIP).
There are currently 485 independent insurance agents in New Jersey who are ready to help. These agents can save you time and money by helping you find competitively priced coverage that is well-suited to meet your business’s specific coverage needs. Talk to an insurance agent near you to learn more and to start comparing customized business insurance quotes.