How to Choose the Right Coverage for Your Business

Finding the right insurance coverage for your business in Clovis, NM can depend on a number of different factors, including your industry, how many employees you have and risks associated with your business. An agent at General Insurance Agency can help you find the right coverage for your business, but there are a few things you should know.

You will want to start with business liability coverage. General liability coverage will cover a number of different things that could affect your business. Coverage includes bodily injury and property damage that is caused by your company. It also includes if your company is sued due to copyright infringement or other defamation lawsuits.

If your business has employees, some type of workers’ compensation insurance can be necessary, even if your employees are not doing physical labor. Those that work at desk jobs can suffer injuries to their wrists that still need to be covered. No matter what type of work your employees do, workers’ compensation can be beneficial for the company.

Thinking of additional risks you have can help determine what additional coverage is needed, and you will want to review on an annual basis. Ask questions about your business’ day-to-day operations; is there expensive equipment that is handled? You know your business better than anyone, so make sure to discuss any risks with an agent. If a business has a lot of company cars, commercial auto insurance should be considered. General liability insurance does not protect against fault to properly render services, so for service-based professional firms like lawyers, accountants, and consultants, professional liability insurance may be necessary.

As your business grows, you may need additional coverage to stay protected. Contact an agent at General Insurance Agency serving Clovis, NM for a quote on business insurance.