Business and commercial insurance coverage for your type of business
Business insurance or commercial insurance can help to protect your financial interests in the event of some disaster and accident or other unfortunate event or mishap. However it is important that you have the right commercial insurance for your type of business. There is nothing easy or straightforward about business insurance and it is probably best to consult with a local expert in your area.
Behnke Insurance is an independent and local agent serving the business communities of Fond Du Lac, Ripon, Waupun, Oshkosh and Plymouth. There are many aspects to commercial insurance and there is no single policy that covers the requirements of different businesses. As business owner you face many risks and there are specific policies designed to address and cover different perils.
The biggest risks do not necessarily lie in natural disasters and similar calamities. Yes we all face the possibilities of floods, storms, earthquakes, hurricanes and so on. But there are many other risks that happen more often. These include fire, accidents, mistakes as well as malicious actions such as theft and fraud.
There are general business and commercial policies to cover you against natural disasters and storm damage. However you can suffer severe losses as a result of unfortunate accidents, malpractice claims and liability claims. Property insurance is probably the biggest component in your coverage but It also follows that liability insurance is an important part of your business insurance profile. Related polices include workmen’s compensations, group medical, commercial auto and errors and omissions.
Depending on the type of business you operate you may also need industry specific insurance such as builders bonds, marine insurance, aviation insurance, truckers insurance, haulage insurance and so on.
Another important aspect of business insurance is the cost. When you deal with an independent agent you are likely to get the best deal since such an agent has access to the best commercial insurance plans offered by leading carriers.