Owning and operating a business comes with significant risks. Many businesses don’t make it past their fifth anniversary. To give yourself the best chance of success, commercial insurance can protect you and your business from various risks you may encounter. At The Good Insurance Group LLC in Bloomsburg, PA, our team of independent insurance agents specializes in risk assessment and can help safeguard your business while increasing your chances of long-term success.
Commercial Liability Insurance
One of the most significant risks businesses face is the possibility of being sued. Legal action can come from customers, clients, vendors, or even employees. If you’re forced into a lawsuit, the costs can be overwhelming, and a judgment against you could lead to bankruptcy. Commercial liability insurance helps protect your business by covering legal costs and judgments.
Commercial Property Insurance
Commercial property insurance is essential for all businesses, even if you don’t own the property where your business operates. This coverage protects your business’s contents, which may include machinery, raw materials, inventory, office equipment, electronics, displays, tools, records, and other items necessary for your operations or product creation.
Commercial Auto Insurance
If your business uses vehicles, they should be covered by a commercial auto insurance policy. Personal auto insurance typically does not provide coverage for vehicles used for business purposes, leaving you vulnerable without the proper protection.
Workers’ Compensation Insurance
In Pennsylvania, all businesses must have workers’ compensation insurance. This coverage protects both your employees and your business in the event of workplace injuries or illnesses.
Contact The Good Insurance Group LLC in Bloomsburg, PA, to learn how we can help you maximize your protection and minimize your risks with the right commercial insurance for your business.
