What Commercial Insurance Is Available to Your Business?

Your business in Monroe, CT needs insurance in order to protect your assets. There are a number of different insurance options available depending on your industry. If you aren’t sure what policies are best for your business, speak with an agent at Fida Insurance Group.

General Liability Insurance: This insurance will protect your business from claims of bodily injury or property damage. This policy helps cover the cost of legal fees and the settlement if you are sued.

Professional Liability Insurance: This will cover someone’s claims against a business that provides personal or professional services. Examples can be negligence or protecting you when you haven’t made a mistake.

Business Owners Policy: This is a combination of business property insurance and general liability insurance. It’s useful for small businesses that need to protect against liability claims and also want to protect business equipment.

Workers Compensation Insurance: This coverage will pay for medical care and replace partial wages for employees who are injured on the job. If an employee dies from an injury then compensation can be provided to the employee’s family. Any Connecticut business with employees will be required to have this type of insurance.

Property Insurance: Property insurance can cover physical disasters, such as theft or fire. Depending on the plan you have, it may also include furniture, technology, and items used for your business. This insurance is important for businesses that depend on having a physical location in order to make a profit.

Auto Insurance: This is useful if there are cars owned by your business. If an employee drives one of your vehicles and causes injuries or property damage then the auto insurance will pay for the costs for which you are responsible.

Contact Fida Insurance Group, serving Monroe, CT, to get a quote on commercial insurance for your business.