Are You an Entrepreneur? Top Types of Commercial Insurance You Should Have

Being an entrepreneur in New York, New Jersey, or Pennsylvania can be scary, but going out on your own and creating your own business is well worth the work and risk!

Still, there are some precautions that you should take as you open your own business and begin to take in revenue. Most notably, you need to make sure you have the proper commercial insurance. The following types of commercial insurance are essential for new business owners:

Property insurance

Property insurance does what you probably think it does! It covers your personal property, which can include the actual business building you work in as well as your equipment, inventory, computers, and other possessions.

General liability insurance

General liability insurance protects your business in the event that someone attempts to bring a property damage or bodily injury claim against you.

Commercial auto insurance

Do you have a company vehicle? Many companies who transport items or people use vehicles on a regular basis. These companies must have commercial auto insurance as typical auto insurance will not cover accidents and other damages if the vehicle is being used for commercial purposes.

Other types of insurance

Other types of insurance you should consider as an entrepreneur include business owners policy insurance, workers compensation, homeowners insurance, data breach insurance, and professional liability insurance.

Contact BCA Insurance Group for All Your Commercial Insurance Needs

Commercial insurance comes in many forms as you can see. As a business owner, it can be a true challenge when it comes to understanding these various types of insurance and which types you need for your business. At BCA Insurance Group in Marlton and Northfield, NJ, we’re here to help with that.

Just call our office today or feel free to stop by for an in-office consultation. An agent can sit down and lay out your best commercial insurance options for you as soon as today! We look forward to working with you!