If you need proper business insurance in Old Bridge, Scotch Plains or Springfield NJ, the American Insurance can help. They specialise in commercial insurance solutions and can help with risk assessment and risk management. Business insurance is a broad field and it is something you need to get right. That is why it is best to leave your business insurance requirements in professional hands.
As a business owner, you face several risks. There are the risks such as fire, flooding, storm damage, work accidents, theft, liability claims, road accidents and more. There is also another major risk and that is the risk of loss of income. If your store, workshop, hotel, guest house or dealership burns to the ground, you will need to close your doors for some time. Even if you are covered for property damage, you could still face ruin if you do not have some form of income protection.
Commercial insurance in not unaffordable. It something that is better to have and not need, than need and not have. If something goes horribly wrong and you don’t have the adequate coverage, you could be forced to close your doors for good. For an affordable premium, you can shift the risk of serious financial loss to an insurance carrier. They have enough capital to cover your risk and losses.
Business insurance coverage can include one or more of the following
- Property and assets
- Loss of income
- Workers compensation
- Commercial auto
- Speciality insurance such as builders’ bonds or professional indemnity
- Group medical
- Industry specific such as transporters insurance, restaurant insurance, landscaper’s insurance and so on
Commercial insurance can be in the form a BOP (business owners policy) plus some add ons or a total custom package tailored for your business and geared to your industry.