Tag business insurance in Delaware

Protect Your Investment With Excellent Coverage

Business insurance in Delaware

Whether you own a cozy bed and breakfast or a large scale restaurant chain, Delaware is a great place for business owners. Chances are if you own one of these commercial properties you have taken all the safety precautions possible to prevent both client decline and permanent closure. However, what many overlook is obtaining the right insurance coverage. Business insurance in Delaware can adapt to your specific industry to give you the all-encompassing protection you deserve.

Coverage For Every Competent of Your Business

Although each business may need unique coverages, there are few basic policies that can greatly benefit most businesses. A few of these include:

  • General Liability
  • Workers’ Compensation
  • Directors & Officers
  • Commercial Auto
  • Theft
  • Fire
  • Umbrella Liability
  • Employee Dishonesty

Certain businesses such as banks and retail centers may benefit from cyber insurance. Combining each of these policies to create the perfect package for your risks and exposures can help you keep your business open for years to come.

Budgeting Premiums

Although competitive prices mean that business insurance in Delaware is feasible for any business, there are few things to consider when budgeting for your monthly premium. Certain factors like location, number of employees, industry type, past claim history and scale of your business can affect your monthly costs.

Insurance is a wise investment of every business owner. Start working on your protecting your commercial investment today.

3 Basic Business Insurances Explained

business insurance in Delaware

Are you getting ready to start your business but aren’t sure what insurance coverage you need? Maybe you’ve started your search for business insurance in Delaware but all the options available have you feeling a little confused. Here are three of the most basic coverages you’ll likely need to get started and what they mean.

Liability Insurance

Liability insurance is the general term used for insurance that covers your business in case a third-party experiences hurt or loss as a result of your business. While there are plenty of others, two of the more popular examples of liability insurance are general liability and professional liability insurance.

Property Insurance

Property insurance covers your physical and digital assets. Your policy will provide funds to cover for the repair or replacement of your property for reasons ranging from fires and storms to vandalism and theft.

Workers’ Compensation

Workers’ compensation isn’t always a required coverage, but it’s highly recommended even if you only have one employee. In case of injury or illness due to job-related activities, your policy will be available to cover any legal fees as well as medical expenses. Some policies will even pay your employees’ salaries while they’re out of work.

Don’t allow the many options for business insurance in Delaware to stop you from getting the coverage you need. Work with an experienced agent to get a policy customized to your exact needs.