Why commercial insurance is good for your small business

Owning a small business comes with risks, it is unavoidable. How you prepare and plan for these risks determines how well your business survives them. Commercial insurance is many different lines of coverage. Not every one of them is right for your small business but some of them will be. Talking to an independent insurance agent who you trust can go a long way toward making sure you have the right coverage. For those who live in Matthews, NC, Jim Boyce Insurance is the place to go. 

Commercial property insurance

Commercial property insurance covers the place where you do business whether you own or lease the building. It covers your fixtures, the machinery you have, the office equipment, and furniture. It covers everything that you use as part of your business and may cover some personal items if they are on the premises when the peril occurs. It also protects your records. 

Commercial auto insurance

If your business owns even one vehicle you need to insure it with a commercial auto policy, that is the law in North Carolina. It is also just good business to keep your personal life and your business life separate. 

Workers’ compensation

If you have three or more employees, either full time or part-time, the law in the state of North Carolina requires that you provide workers’ compensation insurance. Protecting your employees is always good for your business. 

Commercial liability insurance

Bad things happen and people sue. Small businesses are vulnerable to legal suits for a variety of reasons. It can be an injury someone receives at your business or by using one of your products or services. 

Commercial insurance helps to protect your small business from all the perils that life can throw at it. Having the right lines of coverage is important. If you are in Matthews, NC, Jim Boyce Insurance has a knowledgeable team to help. Stop in at our office or give us a call for a no-hassle quote.