What does the future hold for your business? Do you plan to expand, open new locations, or hire more employees? While it is important to plan for growth and the potential for new opportunities, it is equally important to safeguard your company against the unknown. Business insurance is your first line of defense, serving as a shield against financial losses and liability. You may not know what the future holds, but you can be confident that you are protected when covered hardships come your way.
Small Business Insurance Coverage Options
As a business owner, you have very specific needs when it comes to insurance. Whether you have multiple locations, work part time in your home, or work at temporary locations all over the state, we can help you build an insurance package that works for you. Your coverage might include:
General Liability Insurance
Your general liability insurance is coverage against third-party losses and injuries occurring in your business or as a result of the services or products you or your employees offer. General liability provides coverage for victims’ medical bills, lost wages and any judgments won against your business in litigation. It can also help cover your legal fees.
Workers Compensation Insurance
Whether your employees operate heavy machinery, engage in heavy lifting, or work in a traditional office space, they can become injured on the job. Employers in Missouri are required to carry workers compensation insurance that covers medical bills, rehabilitative expenses, and time off work caused by a work-related injury.
Professional Liability Insurance
Even professionals make mistakes from time to time. However, you could be sued for mistakes that cost your clients money. Professional liability insurance can help protect you when your business is accused of negligence or professional errors that led to loss.
Employment Practices Liability Insurance
EPLI coverage protects you when you are accused of discrimination, sexual harassment, wrongful termination, and violating your employees’ rights.
Commercial Auto Insurance
Vehicles used for business purposes need coverage under a commercial policy. Whether it is you or your employees driving, commercial auto insurance provides liability and collision protection in a crash. You can also opt for comprehensive insurance that protects your business vehicles against non-collision events, such as falling objects and theft.
You have invested a lot into your business. From your building’s structure and furnishings to your equipment and inventory, a fire, tornado, or other covered event could inflict tremendous financial damage. Property insurance helps reimburse you for covered losses and ensure the continuity of your business.
Business Interruption Insurance
When your business is robbed or a burst pipe floods your store, it can take some time to recover from the damages and replace your losses – even with property insurance. When you invest in business interruption coverage, your insurance can help cover the payroll and other bills until you can get up and running again.
Small Business Insurance Quotes in Springfield, MO
As a small business owner, you already have plenty on your plate. From payroll and accounting to managing your business and overseeing employees, the last thing you need to worry about is having the right insurance coverage. At Tagge Insurance, we make it our business to protect yours. As an independent agency, we do all the heavy lifting on your behalf, shopping and comparing rates on business insurance from several of Missouri’s leading carriers. We will not stop until we build you a business owners package that offers excellent coverage with a value that benefits your bottom line.
If you own a business in the greater Springfield area, contact our office to request your business owner consultation. We can help evaluate your risk vulnerability and provide you with a quote on the coverage you need. Call us today. We look forward to serving you soon.