When starting a new business, insurance is often the last thing on your mind, but it’s important that you budget and plan for your business’ insurance needs.
Here’s some common coverages you may want to call us to find out about:
General Liability Insurance
This covers your business if you should happen to cause harm to someone, or if someone should get hurt on your premises. This does NOT cover the damage your Product might cause, you’ll need separate insurance for that.
This covers you for damage that might be caused by products you manufacture, build, create. If you sell the products of others under your label or brand, you may also need this coverage.
Commercial Property Insurance
This covers the things your business owns. Buildings, equipment, suppllies. The coverage is usually limited to the location where you do business, so if your business items go off premises, you may need a different type of coverage.
If you title a vehicle in your company name, you probably won’t be able to cover it under your personal policy any longer and will need commercial auto insurance, which can be much more complicated than a personal auto policy.
If you are providing a service to others, there’s a good chance your general liability won’t cover it and you’ll need a separate professional liability policy.
A new coverage, and unfortunately one that is needed by almost everyone in today’s business environment. If you sell online, store clients personal information, take credit card payments, store employees personal data etc, you have an exposure to that information being released and you being held liable. Cyber liability is the policy that covers that.
These are just a few of the coverage your new business may need. It sounds like a lot, and it is. Fortunately there are policies called businessowners policies that combine many of these coverages and make things simpler.
If you are starting a business, or have an existing business and need these coverage, give us a call and we’ll talk your situation through with you, understand your business’ unique needs and put together a program that addresses all of your needs in as economical a fashion as possible.
About Dawson Insurance
The first independent insurance agency in Dawson County, Dawson Insurance has a history of excellence since 1964. Located in Dawsonville, Georgia, we also offer unparalleled service and competitive quotes to personal and business insurance clients in Cumming, Gainesville, Alpharetta and throughout the entire State of Georgia.