One of the many important decisions you need to make as a business owner or executive will be the insurance policies you choose to protect your business, employees, and customers. There is insurance coverage available for every risk that your business could face. Certain insurance is required by law such as workers compensation insurance, while many others coverage types are optional yet equally as important. At Craddock Insurance Services, it is our goal to fully understand your business and insurance needs to determine which types of insurance will offer the coverage and protection you need.
Commercial or Business Insurance are blanket terms that encompass the many insurance options available. Typical coverage provided in a business insurance policy can offer protection for:
Liability insurance protects you from negligence and/or injury to clients or other third parties you may come in contact with while on the job. This can include bodily injury, property damage, and other personal injury such as damage to a person’s reputation. Expenses such as attorney fees, damages, and medical costs would be covered under liability insurance.
Buildings and their contents, such as inventory and furniture, are covered under property insurance. Property Insurance covers damages from unexpected events such as fire, strong storms, hail, and other natural disasters. Depending on your property insurance coverage, outdoor items such as landscaping or signs may also be covered. Property insurance will allow you to resume operations quickly and to prevent loss of income.
In the state of Georgia, Workers’ Compensation coverage is a requirement for all businesses with very few exceptions. Workers’ Compensation insurance is regulated by law to ensure that employees receive prompt medical treatment and compensation for lost wages if they are injured or become ill while on the job. At the same time, Worker’s Compensation protects employers from lawsuits that could arise from any such injuries or illnesses.
At Craddock Insurance Services we work hard to understand your business needs and goals so that we can offer you valuable options and sufficient coverage for the risks your business may face. Other business insurance options include:
Whether you have a small startup in Flowery Branch, or an established business in Cumming, business insurance is essential when it comes to protecting your business, employees, and customers. Contact Craddock Insurance Services for a business insurance quote.