Commerce, GA businesses have to contend with numerous imminent risks. Ranging from vandalism, fire to theft, businesses are susceptible to threats. Operating a thriving business in Commerce GA always emanates with unique risks. A client might file a suit, an imminent calamity can ruin things, or someone could get injured while on your business premises. However, formidable commercial insurance from Hyman Brown Insurance Agency Inc. will safeguard your business against perils lurking in your industry.
Is commercial insurance a worthwhile investment?
Protecting your investment is a vital constituent in ensuring that you have a thriving business. Commercial insurance is a risk management tool responsible for transferring the risks of a given loss to an insurance company. Commercial insurance can help a small business be successful by mitigating the uncertainties under which it operates. Considering getting commercial insurance is beneficial in the following ways.
It’s a legal requirement.
Georgia law requires any business that employs more than three people, either part-time or regularly, to carry workers’ comp insurance. This coverage caters to work-related injuries and sickness of the employees. Additionally, all business-owned vehicles in Georgia should possess commercial auto insurance covering bodily injury and property damage.
Protection of employees
The most valuable assets your business venture has are the employees, not the products you offer. This coverage can help reimburse costs for your worker’s medical attention if they experience a work-related injury or ailment. It also covers their lost wages and extends the deceased worker’s family with financial benefits.
Protection of assets
Damage to the business property can culminate into disastrous effects on your business’s proper functioning and can result in a shutdown. It’s vital to safeguard your business against incertitudes such as vandalism, storm, and fire. Property insurance protects your inventory and office content no matter what happens.
General liability coverage covers various incidences, including a client’s injuries while on your business premises. It encompasses slander and copyright infringement lawsuits, and other potentially hazardous issues.
Feel free to contact us at Hyman Brown Insurance Agency Inc. in Commerce, GA; we can assist you in landing formidable commercial insurance for your business venture with the flexibility and reliable adjustment of your policy as your business evolves.