Four Basic Insurance Coverages For Your Small Business

work comp insurance around Orlando, FL

Are you a small business looking for liability, property and work comp insurance around Orlando, FL? With the regulations surrounding insurance, it’s best that you work with an experienced insurance agent to make sure that your coverages meet your needs. As you search for an agent, below are four of the basic coverages that you should expect to include in your policy.

General Liability

General liability covers you in case a lawsuit is filed by a third-party claiming that they suffered an injury or property damage because of your business. Your policy will cover your attorneys’ fees and any settlement or judgment amounts.

Professional Liability

Professional liability covers you in case a lawsuit is filed by a third-party claiming that they suffered a loss because of an error or negligence on your part. Like general liability, your policy will pay for legal expenses and damages for which you’re found liable.

Property

Property insurance covers the cost to repair or replace your business property in case they become damaged or lost. Events that are covered by this part of your policy include fires, certain storms, theft and vandalism.

Workers’ Compensation

Workers’ compensation covers you in case an employee is injured or becomes ill while on the job. Your policy will cover medical and rehab expenses as well as lost wages while he or she is away from work.
Many options exist for liability, property and work comp insurance around Orlando, FL. It’s important that you work with an experienced agent that will work to build a policy that meets your needs.