Commercial Auto Insurance
If you use vehicles in the course of doing business, even if the business doesn’t own the vehicles, you probably need commercial auto insurance. A personal auto policy doesn’t protect you if you cause an accident during a delivery to a customer. Your commercial vehicle insurance policy must cover your company cars, the drivers, and uninsured motorists. You also want to make sure your liability portion is high enough unless you already have an umbrella policy that makes up the difference.
Commercial Property Insurance
Commercial property is too valuable to not have it insured. While you’re not legally required to carry property insurance, it’s in your best interest to protect your company’s most important assets. Property insurance protects the dwelling and reimburses you for the costs of repair or replacement caused by a covered event, including storm, hail, wind, theft, and fire.
Workers’ Compensation Insurance
If you have employees, you must carry workers’ compensation insurance. If one of your employees gets injured on the job, workers’ comp will pay for medical expenses. Workers’ comp can also pay for physical therapy if needed. It doesn’t matter if the accident was the employee’s fault or not for workers’ comp to cover the expenses. As long as the employee was working for you, even if they’re not on your company’s premises, you can file a claim for workers’ comp.
General Liability Insurance
This might be the most important insurance policy you can get. Business liability insurance in Green Bay protects your company’s assets in case someone files a legal claim against you for whatever reason. Your vehicle and property insurance also include a liability portion, but you want to get as much liability coverage as you can afford to protect your company’s assets.
