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An Intro to Business Insurance

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Starting a business is exciting!  That excitement is likely mixed with a little fear and probably some uncertainty about the future.  As a business owner, insurance is going to be a big part of that future. You want to protect your business and yourself from as much risk as possible while also protecting your property, staff, and patrons.  

There are a lot of options for business insurance for a variety of different risks.  If you have a particular question, please contact us today to discuss your unique situation.  We will be covering the main insurance(s) you are going to need, in no particular order.

Professional Liability Insurance:  If you are providing a professional service, you need Liability Insurance.  This is also called E&O insurance (errors & omissions). This insurance will cover your business should your service not perform, injure or damage a person(s) or property, or protection against claims of negligence.

Product Liability Insurance:  If you are manufacturing products, you need insurance.  Should your product be defective or worse, you will want to protect your business with insurance against such risk.

Property Insurance:  Whether you have purchased your retail space or you’re leasing it, you need property insurance.  This will cover most aspects of your physical property, inventory and equipment, event signage and furniture in certain events.  Always discuss your policy options with your agent or call us should you have questions. We are happy to help churches and small business owners navigate the insurance maze!

Workers Compensation:  If you have staff, this is a must.  This will protect your business should your staff become injured or worse while working for your company.

There are a lot of factors that affect your business and the costs of business insurance.  Our experienced staff at Moyer & Moyer will work with you to get you the right coverage at the best possible rate.  We have a proven track record of working with small businesses, churches, and nonprofit organizations. We would love to help you!  Call us today!

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