3 Instances When Business Insurance Can Cover You

Virtually every business owner will benefit from having some form of business insurance in place. There are options available for all sorts of businesses that can give them the unique and personalized coverage they require for their specific needs.

If you’re still not convinced, let’s go over three all-too-common scenarios when business insurance can cover you.

If there’s a fire in your shop

Business property insurance can cover not only the physical structure where your business operates, but also the equipment, property, and inventory inside of it. In the case of a fire breaking out at your shop or business, this coverage is critical.

If a customer is injured in your store

Perhaps a customer slips and falls on a wet patch of floor in your store and they break their wrist.

If they decide to sue you, you could be on the hook for not only your own legal fees, but also the injured party’s medical bills, legal fees, and other damages. With business liability insurance, you’ll have some form of financial means for covering those costs.

If your employee crashes a company vehicle

Every state in the country requires drivers to carry a certain amount of auto insurance, and this includes for commercial vehicles. You must have commercial auto insurance in place for your business vehicles. Without it, you are not only breaking a law, but you’d be stuck covering costs from accidents and other damages on your own.

If you’re interested in learning more about what business insurance can do for you, give Lupton and Luce Insurance call today so we can go over your options!