3 Significant Reasons Why Small Businesses Need Business Insurance

Hey guys, Jason here with 303 Insurance Brokers. I hope you’re doing awesome today. I want to show you another great insurance tip of the day. In addition to offering home insurance and auto insurance products, your personal ends insurance. I also am focusing a lot of my time on business insurance. As the Spring’s coming around and the summer’s coming around, there are many seasonally operated businesses.

You Need Business Insurance Even If It’s Just A Side Job

We’re talking about landscaping companies. We had a lot of our contractors, building decks, and everything like that. They run seasonal businesses, and I was able to help two different companies last week get set up with new insurance policies. It’s super important that you need to have liability coverage even if you have a side hustle or a side job.

If you’re being paid to work on another person’s property at another person’s house, you need to have liability insurance to cover you, yourself as well as the work that you’re doing. So I was able to help a landscape last week and the general contractor handyman type business.

3 Significant Reasons You Need Commercial Insurance

It’s crucial to have Business Insurance because the financial consequences of a possible accident could easily wipe out the assets of a small business. 

1. Insurance protects yourself and the work you’re doing
2. It protects your customers, and passersby experience harm at your company’s hands. 
3. Protects your business in the event of a natural disaster.

I can also do commercial business like mortgage companies, dental offices, medical facilities, and a whole extensive range of commercial insurance. I can do commercial auto insurance, as well as workman’s comp. There’s some strategy and even more strategy with commercial insurance than for your personal insurance.

Make Sure Your Growing Business Is Adequately Protected

So, if you’re starting a business, talk to an insurance agent, understand how much it costs to get a liability policy. They can be typically pretty inexpensive. If you’re an established business and you’ve seen growth over the last couple of years, make sure your insurance policy now matches your increased exposure.

Suppose you want a free complimentary insurance review on your commercial policy. Talk to me 303 insurance brokers, and have a great day.