When it comes to owning a business, there are many risks that threaten the stability and financial well-being of your company on a daily basis. To mitigate these risks, there are three main types of insurance Hartford CT your business needs in order to ensure that an accident or lawsuit brought up against your company does not harm its reputation or operations.
- General Liability
This form of business insurance Hartford CT protects your business against general damages. For example, if a client were to get hurt while visiting your business location, your general liability policy would mitigate the financial expense.
- Business Auto
If your business uses vehicles to make deliveries, ship supplies, or transport employees, a business auto insurance policy is crucial to your companys success. Just like your personal auto insurance policy, this form of insurance ensures your company is not held financially liable in case an accident occurs.
- Property Insurance
Where you operate your business is a valuable asset, just like the equipment and materials you use to produce your products or services. With property insurance, you are able to recover your losses and get back to running your business as soon as possible in case a hurricane, tornado, or vandalism occurs.
In addition to these forms of business insurance, there are many other types your company likely needs depending on your specific operations. You may want to speak with your insurance agent to determine if your business is properly protected against loss.