Starting a new business require a lot of effort and attention to details. An accident can completely derail a small business. That’s why commercial insurance is so important for startups. Even with precautions and care, accidents happen when they are least expected. Commercial policies can be used to cover everything from protecting physical property and inventory to the corporate fleet. The right plan can protect startups from a variety of threats that business face in the Orange Park, FL area. At First Florida Underwriters Inc., their agents understand your concerns. They can help get your business interests adequately covered.
Commercial insurance policies are comprised of several policies that protect specific areas of the business operation. Most plans start with a general liability policy. Given the nature of the specific business, the agent may also recommend professional or product liability to cover the potential of someone suing for professional negligence or defective products. The buildings owned by the corporation are protected with property insurance. Property policies have different ways to cover repairs or replacement if a building is damaged or destroyed. The agent will discuss these options with you. Employees who are injured on the job are protected with workers compensation. Another option startups should consider is ‘loss of income’ or ‘business interruption’ policies. These help keep the business operating if a disaster disrupts the normal flow of business.
When companies are just starting out, they need protection to be able to grow. If a disaster occurs, they allow the business owners to quickly resume normal business operation. The team at First Florida Underwriters Inc works with businesses in the Orange Park, FL area to get the coverage they need. Visit their website and come into the office. They’ll help you with the protection your growing startup needs.