In today's economy businesses face a variety of risk issues.
A Business Owner's Policy is recommended for most small businesses and will provide both property and liability insurance. This should cover your business
in the event of property damage, suspended operations, lawsuits from bodily injury or property damage to others. Business interruption insurance
is probably the most valuable coverage your business can have. Don't overlook this coverage! It's easy to forget that income can't be produced
without an operating business. Property insurance only covers the physical loss or damage to the location and contents of a business - it does
not cover the loss of income while the location is being repaired or the continual fixed costs while the location is being repaired.
If you have a home based business, do not expect your homeowner's policy to cover your business. It may but only to a maximum of $2500 for business equipment
in the home and $250 away from the premises. It usually doesn't cover business related liability. Your homeowner's does not insure your inability
to collect your accounts receivable if your business records are damaged; nor will it replace lost income if you can not operate your business due
to damages to your home. Bring us your business plan. We'll give you a proposal based on your specific needs and provide peace of mind.
