{"id":135,"date":"2020-07-31T04:00:00","date_gmt":"2020-07-31T10:00:00","guid":{"rendered":"https:\/\/www.cpigsolutions.com\/blog\/?p=135"},"modified":"2020-08-01T18:31:44","modified_gmt":"2020-08-02T00:31:44","slug":"benefits-of-commercial-insurance-for-small-businesses","status":"publish","type":"post","link":"https:\/\/www.cpigsolutions.com\/blog\/benefits-of-commercial-insurance-for-small-businesses\/","title":{"rendered":"Benefits of Commercial Insurance for Small Businesses"},"content":{"rendered":"<p><span style=\"font-size:11pt\"><span style=\"font-family:Arial\"><span style=\"color:#000000\">Small businesses of all types need to be covered by a commercial insurance policy.&nbsp; A traditional business insurance policy will protect your company against any property damage caused by you or someone who works for you to a client&rsquo;s property.&nbsp; If you pay anyone to work other than yourself then worker&rsquo;s compensation insurance is a requirement.&nbsp; Employers&rsquo; liability insurance will protect you from employees who could potentially sue the company over pay discrepancies or work-related accidents.&nbsp;&nbsp;<\/span><\/span><\/span><\/p>\n<p><span style=\"font-size:11pt\"><span style=\"font-family:Arial\"><span style=\"color:#000000\">This type of coverage can also help pay for claims if an employee is injured while operating company machinery or other vehicle and if they damage someone else&rsquo;s property with that equipment or vehicle.&nbsp;&nbsp;<\/span><\/span><\/span><\/p>\n<p><span style=\"font-size:11pt\"><span style=\"font-family:Arial\"><span style=\"color:#000000\">If you are the sole proprietor of&nbsp; a small business and do not carry the proper insurance then you could be held personally responsible for loss or damages.&nbsp; This could possibly result in losing your business and even personal property like your home.&nbsp;<\/span><\/span><\/span><\/p>\n<p><span style=\"font-size:11pt\"><span style=\"font-family:Arial\"><span style=\"color:#000000\">General liability insurance will help protect you in the event a customer files a lawsuit due to an incident on company property or while you were performing a service on their property.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<\/span><\/span><\/span><\/p>\n<p><span style=\"font-size:11pt\"><span style=\"font-family:Arial\"><span style=\"color:#000000\">Coastal Premier Insurance Group in the Boca Raton, FL area can help small business owners assess the needs for their individual company.&nbsp; A knowledgeable insurance agent will discuss the types of insurance and the coverage each one provides.&nbsp; Beyond the basic liability coverage a small&nbsp; business should consider policies to protect against the following:<\/span><\/span><\/span><\/p>\n<ul>\n<li><span style=\"font-size:11pt\"><span style=\"font-family:Arial\"><span style=\"color:#000000\">Theft<\/span><\/span><\/span><\/li>\n<li><span style=\"font-size:11pt\"><span style=\"font-family:Arial\"><span style=\"color:#000000\">Loss of inventory<\/span><\/span><\/span><\/li>\n<li><span style=\"font-size:11pt\"><span style=\"font-family:Arial\"><span style=\"color:#000000\">Identity theft protection<\/span><\/span><\/span><\/li>\n<li><span style=\"font-size:11pt\"><span style=\"font-family:Arial\"><span style=\"color:#000000\">Property damage&nbsp;<\/span><\/span><\/span><\/li>\n<li><span style=\"font-size:11pt\"><span style=\"font-family:Arial\"><span style=\"color:#000000\">Insurance for company vehicles<\/span><\/span><\/span><\/li>\n<\/ul>\n<p><span style=\"font-size:11pt\"><span style=\"font-family:Arial\"><span style=\"color:#000000\">Stay on top of your small business insurance by discussing the policy every year with a Coastal Premier Insurance Group agent in the Boca Raton, FL area.&nbsp;This will ensure that you are covered in the event of an accident or lawsuit.&nbsp;Your agent can work with you to fine-tune the details of the policy to suit your individual business needs.&nbsp;&nbsp;<\/span><\/span><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Small businesses of all types need to be covered by a commercial insurance policy.&nbsp; A traditional business insurance policy will protect your company against any property damage caused by you or someone who works for you to a client&rsquo;s property.&nbsp; If you pay anyone to work other than yourself then worker&rsquo;s compensation insurance is a [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[7,8],"class_list":["post-135","post","type-post","status-publish","format-standard","hentry","category-insurance","tag-boca-raton-fl","tag-coastal-premier-insurance-group"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.cpigsolutions.com\/blog\/wp-json\/wp\/v2\/posts\/135","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.cpigsolutions.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.cpigsolutions.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.cpigsolutions.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.cpigsolutions.com\/blog\/wp-json\/wp\/v2\/comments?post=135"}],"version-history":[{"count":1,"href":"https:\/\/www.cpigsolutions.com\/blog\/wp-json\/wp\/v2\/posts\/135\/revisions"}],"predecessor-version":[{"id":136,"href":"https:\/\/www.cpigsolutions.com\/blog\/wp-json\/wp\/v2\/posts\/135\/revisions\/136"}],"wp:attachment":[{"href":"https:\/\/www.cpigsolutions.com\/blog\/wp-json\/wp\/v2\/media?parent=135"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.cpigsolutions.com\/blog\/wp-json\/wp\/v2\/categories?post=135"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.cpigsolutions.com\/blog\/wp-json\/wp\/v2\/tags?post=135"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}