After doing all the work it takes to start and open a business, you will want to protect your livelihood and your investment in your industry. One of the best ways to do that is through a commercial insurance policy. The Hyman Brown Insurance Agency Inc. agents in Commerce, GA want you to understand what commercial insurance covers.
First, under Georgia law, all businesses that employ three or more part-time or full-time employees must have worker’s compensation insurance or at least be a qualified self-insurer. The law also requires all vehicles that are used or owned by a business to have a minimum amount of commercial auto insurance in place in the event an accident occurs.
Commercial Liability Insurance Coverage
This type of insurance coverage will help you protect your business if someone is injured at your business or due to an incident that occurs because of your business. This type of coverage will also assist you in paying for any property damage that occurs because of your business. It can also cover things like slander, libel, and copyright infringement. It can be very useful if someone also files a lawsuit against your company.
Commercial Property Insurance
Commercial property insurance is very important to have in place, especially if you own the building in which your business is located. It will help you replace lost or stolen inventory due to a burglary, and it can help you if your business is destroyed or damaged due to a natural disaster, an act of vandalism, or even a fire.
Get Your Policy Started
An inexperienced commercial insurance agent can assist you with all of your commercial insurance needs and create a policy that works for you and your business. To start your commercial insurance policy, contact the trusted insurance agents at the Hyman Brown Insurance Agency Inc. in Commerce, GA today!