What is a Commercial Insurance Policy?
If you are in Commerce, GA or the surrounding areas, having a commercial insurance policy for your business is imperative for the longevity of your company. A commercial insurance policy offers protection for your business and limits your risk of liability for damages and claims. Those damages include lawsuits, injuries, and advertisement claims- but not workers compensation.
You can also add additional insurance on top of your commercial policy to add a safety net of funding to pick up where your commercial policy caps. This additional insurance is often recommended for bigger companies that are more prone to consumer and employee claims, which include workers compensation insurance, injury because of negligence, and punitive damages. Hyman Brown Insurance Agency, Inc. serves the Commerce, GA community and can help you find the right commercial insurance coverage for your business.
What is Covered by a General Commercial Insurance Policy
Doing business takes considerable risk. Thus, having liability coverage under a commercial insurance policy will protect your business- and its employees- from injury claims and property damage. A general liability commercial policy will cover legal expenses, settlements, and judgments. There will be limits on coverage provided by your general policy, which is where additional coverage would take over.
General liability insurance will cover all legal fees and medical expenses that are the result of a lawsuit, company investigation, judgment, or settlement. Coverage includes accidents that occur on your premises or because of advertising, as well as products that cause bodily injury or harm to a consumer or employee.
Hyman Brown Insurance Agency, Inc. is well-versed in commercial insurance policies and our professional and experienced agents are here to help you. Contact us today to learn more.