If you run a small business, an endless list of tasks demands your attention every day. In addition to managing your operations, you also need to ensure the safety of your inventory and your employees. Fortunately, you can ease one of these burdens by purchasing commercial insurance. The team at Dalessandro Agency Inc. in Grand Rapids, MI, is ready to assist you in crafting the ideal business insurance package tailored to your specific needs. Here are five reasons why you should consider this option sooner rather than later.
Preservation of Your Commercial Space
Regardless of whether you own or lease your business premises, it’s crucial to have commercial insurance in place to safeguard your operations. This type of coverage protects your inventory, shelving, office furniture, and the physical structure of your workplace. If you’re operating under a corporate or commercial lease, your landlord will likely require proof of insurance.
Covers Costly Equipment
Commercial insurance can provide coverage for your business’s valuable assets, such as new computers, phones, copiers, and other expensive equipment. While wear and tear aren’t covered, you’ll be reimbursed for hefty repair costs arising from covered events.
Protection Against Medical Expenses Following Accidents
A comprehensive business insurance package can shield you from financial turmoil if a customer sustains injuries, for instance, due to slipping and falling on your premises. To understand how to secure coverage for medical and legal charges associated with such accidents, consult with a knowledgeable insurance agent.
Product Defects Coverage
If your business involves selling products, there’s always a risk of clients holding you accountable for personal injuries arising from defective items. Shielding your business from the potential blow of lawsuits or medical expenses is crucial – and that’s where product defect coverage fits into your business insurance plan.
Ensuring Continuity During Business Interruption
Various unforeseen events, ranging from civic unrest to inclement weather, can threaten your business’s smooth operation. With business interruption insurance, you can meet your payroll and bill payments and recover lost sales during such periods.
Contact Dalessandro Agency Inc. in Grand Rapids, MI, today to begin creating your custom commercial insurance package!