Commercial Insurance
Commercial insurance is the coverage policy that covers businesses by protecting them from any losses. The losses could arise from employee injuries or property damage. This coverage usually includes property, liability, and workers comp.
The uniqueness and disparity of business insurance coverage in Georgia vary from business to business. At Clive S O & Associates LLC, we provide commercial insurance coverage that every business at any stage needs. We ensure that you won't be forced to close your company because of theft or liability.
Types of Business Insurance
Some types of business insurance policies include but are not limited to:
- Workers' Compensation - This coverage protects workers or employees from any loss of income due to work-related injury or illness. According to Georgia law, employers with more than three full-time or part-time workers should carry workers' compensation coverage.
- Liability insurance - This helps cover the business from any financial loss due to property damage or other problems caused by the business products or operations and lawsuit-related injuries or death.
- Property Insurance - This provides coverage for equipment, buildings, and any personal property owned by the business.
- Commercial Auto - This is coverage for any physical damage caused by the company's vehicles.
Business Insurance Requirements
A business with three or more part-time or full-time workers should carry a workers' compensation coverage policy. Small businesses can become self-insured or get coverage through a private insurance carrier.
If a business hires a subcontractor without a policy, the company might need to provide workers' compensation coverage. Furthermore, choosing a coverage limit that will meet the client's requirements is vital, and protecting your assets is critical.
Why Choose Us?
Clive S O & Associates LLC is well equipped to provide coverage at any stage of business. Additionally, we offer flexible adjustment policies to accommodate business changes. Our agents have the necessary training to provide protection that will meet your budget and needs. Contact us today for a no-obligation consultation.
