Business insurance is basically a protection for your investment by reducing financial risks against unexpected events including injuries to employees, lawsuits, the death of a partner, or even natural calamities. Therefore, if you are starting a business or already own, you should definitely get an insurance cover for it. We, at Lee, Hill & Rowe Insurors, are a Savanna based insurance agency since 1999, having provided insurance to more than 5000 families, individuals, and companies in and around Hinesville, Pooler, Richmond Hill GA, or Rincon, in Savannah.
Here, we have a few reasons why a business or commercial insurance is an absolute necessity for you. Take a look.
- Legal Compulsion
The law mandates that all businesses with employees must provide a certain kind of coverage including general liability, worker’s compensation, unemployment and disability, bonds, error, and omissions etc, depending on the state where it is located. If you fail to meet this legal requirement, you might be subjected to fines, criminal or civil penalties.
- Chances of Getting Sued
Since we are a part of a litigious society, your business can easily fold with one broken contract or an accident in the case of a lawsuit or liability claim, if you don’t have insurance. Even if you win the lawsuit, the cost of legal defense can be too much to keep your business running. Commercial insurance can give you the peace of mind with such matters, allowing you to focus on your business goals.
- Protection against Natural Disasters
Have you ever thought what will happen to your business in the case of an earthquake, tsunami, or other natural disasters? Getting this insurance will cover the loss of your property and equipment along with the money you lose while your business remains closed. So, get this coverage to ensure that your business survives any natural disaster by protecting it against the loss of income.
So, what are you thinking? If you feel that your business needs this kind of insurance protection, you can resort to us. Simply give us a call at (912) 525-3360 to get a quote now.