Three signs that it’s time you purchased commercial insurance for your fledgling business venture

Carrying the commercial insurance coverage that your business needs are very important. We can provide you with commercial insurance for your business in Central Ohio at Insuran LLC. 

Eventually, you’ll want to purchase commercial insurance for a new business venture. As your young company grows, commercial insurance coverage becomes increasingly important.

The following are three signs that it’s time you purchased commercial insurance for your fledgling business venture:

You’ve started to use a vehicle for business purposes

You need commercial auto insurance if you use a vehicle as part of business operations at your company. It’s not a good idea to use a vehicle that you’re only carrying personal auto insurance on to carry out business operations. 

You’ve hired new staff members

When you have staff members working for your company, you need to meet the workers’ compensation insurance requirements in your state. This means that you should look into commercial insurance if you’ve started hiring. 

Workers’ compensation insurance protects your employees from financial difficulties if they get injured on the job. Workers’ compensation insurance is required for many commercial ventures depending on factors such as how many employees a company has. 

You’ve made a big investment in your company

You should insure any valuable assets of your company. If you’ve recently made a big investment in your company by buying new equipment or a commercial facility, you should insure these assets. Insuring your company’s most valuable assets can help prevent an accident that leads to extensive damage to your assets from shutting down your company. 

Contact Us Today

Carefully research your options before you buy commercial insurance in Central Ohio. Call or email us at Insuran LLC to get the information you need to choose the right commercial insurance policy.