10 Sep Local Business Owners, Think “Liability Insurance”
If you are thinking about your own business, make sure insurance is in your jumpstart to do list. Typically at the very beginning of a businesses life, is where the majority of the issues happen. Local businesses make up about 59% of businesses in the United States. So make sure you insure the hard work and dedicated you have invested into your business.
There are multiple steps to take in order to make sure that your business is insured. In case of a fire or natural disaster, make sure that the building of your business is insured. If an employee has a work related injury, make sure your businesses insurance can cover the medical cost. If something is stolen due to negligence or something breaks within your business, make sure that your business insurance plan can cover the replacement cost. Take all precautionary steps when maintaining your businesses. Yes, mistakes and accidents are going to happen within your business. Do not let common misconceptions stray away from making sure you have insurance coverage on your local business. Some common misconceptions are: the business is too small to have insurance coverage, and business owners thought that their personal insurance covers their business. Make sure you are insured to take care of the liability.
If you have any question in regards to insuring your local business, give Spivey Insurance Group a call at 704-861-4460.