Business Insurance in Alabama
Starting and running a business can be exciting and worrying at the same time. Besides worrying about customer attraction and retention, you also need to worry about your workers getting injured, theft, and other risks. However, you don't have to worry when you have business insurance. This policy allows you to run your business without fear of getting financially drained.
At Larry Burkman Agency in Huntsville, AL, we recommend having at least three crucial business policies, like workers' compensation, general liability, and business auto insurance. This post covers everything you need to know about business insurance.
What is Business Insurance?
Commercial insurance is general business insurance that covers business properties, employees, and ownership. Since businesses come in different types, shapes, and sizes, business insurance also comes in various shapes, styles, and colors. As a small business owner, it's easy to get confused over what to buy and skip. That's why you need to speak to insurance experts to help you determine which policies will work best for your business.
Which Businesses Need Business Insurance in Alabama?
All businesses need business insurance. Whether you're a freelancer, an independent contractor, or own a big corporation in Huntsville, you could benefit from business business insurance. Remember, the bigger the business, the higher the risk. It's also worth noting that the law requires specific coverages.
For instance, Alabama requires business vehicle owners to carry commercial auto insurance. You also need workers' compensation if you employ more than five people. Common types of business insurance include:
- General liability insurance
- Commercial auto insurance
- Errors and omissions insurance or professional liability insurance
- Workers' compensation insurance
- Property insurance
- Business owner's policy
- Employment practices liability insurance
- Cyber liability insurance
Get Yours Today
Need any business insurance in Huntsville, AL? Insurance experts at Larry Burkman Agency can help you choose the policies for your business at an affordable price. Don't wait till something bad happens. Buy business insurance and protect your investment today!