Commercial Insurance Options for Small Businesses

Your small business has many options for commercial insurance coverage. At Bright Auto Insurance in New Orleans, LA, we can help you select a commercial policy catered to your business needs. Personalizing your commercial coverage ensures you have adequate protection without wasting money on “fluff.” Here are some commercial coverage options your small business can benefit from.

Property Insurance

Every small business should have property coverage as it protects your place of business, business equipment, and inventory against theft or loss. If a severe rainstorm damages the roof of your building, property coverage helps cover repair costs. If the same storm ruins your inventory, property insurance compensates you for your loss. With property coverage, your business has the financial means to recover from a disaster, big or small.

Liability Insurance

If your small business receives customers, you can benefit from liability insurance. Liability insurance protects your business against accidental injuries that may occur when a customer visits your shop, office, or warehouse. If someone has an accident that requires a trip to the doctor, liability covers medical costs. Liability insurance will also protect you against lawsuits if you’re sued for damages.

Business Interruption

Business interruption coverage helps compensate your small business for lost income if it has to close down temporarily due to a natural disaster. This coverage also helps cover employee wages, rent payments, loan payments, and relocation costs to help you get back on your feet after a catastrophe.

Worker’s Comp

All Louisiana businesses with one or more employees (full or part-time) are required to have worker’s comp insurance. Worker’s comp protects your business assets by covering an employee’s medical costs and lost wages if he’s injured on the job.

To learn more about commercial coverage for your small business, call or visit Bright Auto Insurance in New Orleans, LA today.