Insuring your small business deserves careful consideration. You have a lot on your mind just managing your business. In the East Hartford area, when you want to explore your business insurance options, call The Insurance Store of CT. Sheri Wilson will discuss your business structure to determine how to protect your interests. As an independent agent, she shops the policy with many different companies.
If you are a restaurant or retail store owner, wholesaler or contractor, with less than 100 employees, you may want to at a Business Owner’s Insurance policy. The BOP combines protection from all major property and liability risks in one package. Package policies are created for businesses that generally face the same kind and degree of risk. This type of policy does NOT cover professional liability, auto insurance, worker’s compensation or health and disability insurance. You’ll need separate insurance policies to cover professional services, vehicles and your employees.
In a BOP package, there is property insurance for the building and all the contents owned by the company are covered. Business interruption insurance covers the loss of income resulting anything that disrupts the operation of the business. It can also include the extra expense of operating out of a temporary location.
Liability protection covers your company’s legal responsibility for the harm it may cause to others. This harm is a result of things that you and your employees do or fail to do in your business operations that may cause bodily injury or property damage due to defective products, faulty installations and errors in services provided. Included are defense costs for libel and slander.
A Business Owner’s Policy (BOP) is a convenient way to help protect your East Hartford CT business for property damage and liability insurance in a single policy. By bundling these two coverages into one policy, you can worry less about insurance policies and focus more on your customers. Contact The Insurance Store of CT today for a free Business Owner’s Policy quote. We’ll work together to create a plan that works for your business. Call us today at 860-645-1960.