Commercial Coverage

Necessity of insuring your business: Have a look

Insurance is the wisest decision taken by anyone. When one thinks of starting a business there are many complexities and there are a number of components that make up your business, there are so many things that can seriously undermine your business, and so insurance is a necessity for anyone who is serious about establishing a long-term and successful venture.

One needs to understand the type of business insurance they would require. By getting the right type of insurance, you can protect yourself from sudden and paralyzing damages, while saving time and money.
There are many types of business insurance offered you can choose the one which suits you the most.

Property: in this policy protection is given against incidents resulting in a loss of property to your business. Commercial property insurance covers any physical loss that your business may sustain due to natural phenomena like storm, tornados, and earthquakes.

General liability: a commercial general liability insurance policy covers 5 aspects of your business. Premises liability fro injury caused in business premises. Products and completed operations for injury by a worker to customer or from product to customer. Advertising injury as a result of injury from false advertising including false arrest. Damage to rented premises caused by you.

Professional liability: also known as errors and omissions or mal practice is protection for negligence arising directly from your profession.

Last you’ll have to look for what is called home based insurance, as your home insurance may not cover any damages and losses sustained by or in your house due to business operations. Check your home insurance before getting home based business insurance policy, as your homeowners insurance may already offer this or it may be available if requested.

There are many things that may harm your business. It is therefore simply good business to spend a little more time and money to secure a good business insurance policy keeping your business from sudden collapsing due to an unfortunate event.

Don’t have time to meet with one of our trusted advisors?

No problem!  You can get started right from your computer, tablet, or smart phone.  Then we can begin working for you and contact you at a convenient time to discuss your options. Trust Stokes Farnham to Cover your Assets, we have been protecting businesses since 1952.

Commercial Insurance - Greer, South Carolina
A 6514-A State Park Rd. Travelers Rest, SC 29690 M 864-834-7206
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