As a business owner, one of the most important things you can do to protect your business is to have a good commercial package policy in Pennsylvania. It doesn’t matter what type of products or services you offer, your company needs to be insured against claims and situations that could affect the reputation and profitability of your business.
Maximize Your Protection
Many business owners try to minimize their expenses with a policy that offers them the bare minimum as far as protection goes. While there is nothing wrong with choosing a cheap policy, one has to think about their business, not their expenses. Cheaper premiums could end up costing you a fortune in legal fees and judgments in the future. In order to maximize the amount of protection your commercial package policy in Pennsylvania has, make sure your policy includes these key elements.
Bodily Injury and Property Damage
This portion of your policy provides protection against any real or alleged claims of injuries or damages that occurs as a result of the products and services that your business provides to consumers and employees. It also covers any injuries and damages that occurs on your property.
Personal Injury and Advertising Injury
This portion of the policy provides coverage against any libelous, slanderous, or inaccurate claims that are intentional or unintentional advertised by you, your company, and your employees. It also protects you and your business against any claims that arise from any published or advertised materials that infringes on copyrights, personal privacy laws, or causes wrongful evictions from the premises.
Do not go another day without knowing what is actually included in your commercial package policy in Pennsylvania. Contact an agent and make sure that your policy has the right amount of coverage to protect your business.