Business Insurance in Newington, CT
Although imagining what could go wrong at your business may not be the most enjoyable part of planning for the future, it is a necessary step. Accidents, errors, natural disasters and other unfortunate circumstances may inevitably impact your company, making adequate preparations essential. Business insurance can provide crucial aid.
What Is Business Insurance?
Business insurance, also known as commercial insurance, refers to various policies and coverages tailored toward the needs of commercial enterprises. Whether operating as a sole proprietor, owning a small business or leading a large corporation, business insurance should be a top priority. However, understanding your company’s coverage needs and assembling a suitable portfolio can be complicated.
How Do I Choose the Right Business Insurance Policy?
A business insurance policy may be available as a prearranged package from some insurance companies. However, in other cases, you may need to compile separate policies to ensure comprehensive coverage. Regardless of how you put your business insurance together, the following types of coverage may often be valuable:
- General liability insurance
- Professional liability insurance
- Commercial property insurance
- Business income insurance
- Workers’ compensation insurance
- Commercial auto insurance
- Cyber liability insurance
- Commercial umbrella insurance
How Much Does Business Insurance Cost?
When quoting you a rate for business insurance, carriers may consider many criteria, including the following:
- Industry
- Workforce size
- Location
- Value of insured assets
- Annual revenue
- Claims history
- Coverage details (e.g., limits and deductibles)
How to Get Business Insurance in Newington, CT
With an extensive service record dating back to 1986, the dedicated staff at Koziura Insurance Agency is ready to help you and your company tackle its coverage needs. Contact us today to explore your options or to compare personalized business insurance quotes.