Commercial insurance is important for business entrepreneurs regardless of the size of their business. In addition to comprehensiveness, Clovis Commercial Insurance also offers ample flexibility. You may have an overwhelming number of options when considering insurance for your business. Before starting a business, an entrepreneur writes a business plan. The policy is meant to help protect the business owner against unseen, unwanted incidents such as theft, fire, property damage, and employee injuries.
When one buys insurance, one expects the best protection with competitive pricing. Commercial Insurance Clovis provides cover for all of the following:
â— professional liability.
â— Employees’ Compensation.
â— commercial property.
â— business insurance.
â— Commercial Auto Liability.
â— commercial umbrella.
â— Product Liability Insurance.
A company may not need all the insurances listed above. One can check the features of each and choose the insurance as per their requirement.
The most important commercial insurance offered by Clovis is liability insurance. It protects your company in case it damages another person or company. This cover also covers defective products and damage caused to a person at your business premises. You are protected against property damage and personal injury. A lawsuit against your company could lead to bankruptcy but liability insurance will protect you from this.
Company employees are required to have protections under state law. This is to provide compensation if they get injured while working for the company. But, there is a condition that it is applicable only if you have a specific number of employees.
Your bank will ask for this type of insurance when you have your mortgage. Also, if you have rented commercial space from your landlord, he may ask for such insurance. Commercial property insurance protects the owner against property damage such as fire damage, weather damage and theft.
It covers various aspects of the business and depends on the size of the business. When you have a warehouse with flammable materials, you should consider insurance that covers fire damage. A business owner policy (BOP) helps businesses with more than 100 employees.
If your company uses vehicles, you may want to consider including business vehicles as well. When multiple customers visit your business premises, liability insurance is also necessary.
commercial auto liability
This Commercial Insurance Clovis Covers business using commercial vehicles. Insurance protects you against any damages caused to the vehicle, accidents, fire and theft. You can also have an extended cover to cover delays in the transport of passengers and goods.
It is also called excess liability. If you work for a vendor, they may require you to have this insurance. You may have an insurance policy cover for many things but at times it may not be enough. In this case, commercial umbrella insurance will cover it for you.
It is important to keep your insurance up to date at all times. If you don’t, you will be at a loss when you find out that your policy has lapsed and you need insurance cover.