Are you setting up shop near Coppell, TX and need to know more about how commercial insurance from The Select Insurance Agency works? Use this quick FAQ to learn which types are needed to protect your new business venture.
Service-Oriented Business Focus on Liability
If your new business focuses on offering a service rather than a product, you will need to make sure you have the right liability insurance in place. Doctors, lawyers, accountants, financial advisors, and other advice-based ventures can face struggles when a client receives what they consider the wrong news. In our litigious society, proper liability coverage is the cost of doing business.
Protecting Your Employees
It doesn’t matter if you have one, twenty, or a thousand employees on the payroll. You will need worker’s compensation coverage that provides access to medical support for them in case of an injury while protecting your bottom line. Commercial auto insurance also allows your driver access to a company car without taking on the burden of being liable for conducting business on the road. Don’t forget about health insurance options, too.
Factory Space and Machinery Require Their Own Coverage
When you are building a new product, your manufacturing space, and equipment located in or near Coppell, TX should be properly insured against loss due to fire, theft, storm damage, and even economic uncertainty. Make sure to check with your agent about protecting property whether it is on your own or leased land. Farming? Request quotes for livestock and crop insurance, too.
Commercial insurance offers many products all ready to protect different aspects of your new business. Take the time today to speak with your personal agent at The Select Insurance Agency and make sure you have the coverage needed for a long and prosperous business venture.
