Owning a business can be very risky. Many things can go wrong, and those things can result in your business closing if you don’t have the proper commercial insurance to protect you. In Canonsburg, PA, The Hansen Agency LLC works with our customers to make sure they have the insurance they need. As independent insurance agents, we work for them, not the insurance companies, and we give our customers the choices they need to make the right decision about coverage.
In the state of Pennsylvania, businesses are required to protect their employees with Workers Compensation Insurance. This insurance provides workers who are hurt on the job with payment for medical expenses and with lost time from work. If you have even one employee, this is required. All businesses that have vehicles are required to have the minimum mandated amount of auto insurance. But even though these are the only commercial insurance requirements, it is important to consider what insurance will help to keep you in business.
Commercial property insurance protects the things you need to stay in business. Even if you don’t own your business location, you do own what you have inside. Could you survive if you lost everything in your business location? Property insurance covers your machinery, inventory, raw materials, tools, office equipment and electronics, records, and more.
Commercial liability insurance protects your business from lawsuits brought against it. Businesses are vulnerable to being sued. Most businesses have been threatened with a lawsuit and between one-third and one-half of all small businesses are sued in any given year. Without the right commercial liability insurance, you will need to pay any judgment out of your own pocket and legal expenses as well. It could kill your business.
Contact The Hansen Agency LLC in Canonsburg, PA for personalized commercial insurance to fit your business needs.
