Business Insurance Coverages To Include In Your New Policy

Are you searching for a Connecticut insurance company to cover your new business? While it’s key that you take your time in finding the right agency, regardless of who you choose, there are fundamental coverages that you should plan to include in your policy.

General Liability

General liability insurance covers your business against a variety of third-party lawsuits involving property damage or bodily injury. Your policy will cover expenses related to such a case including attorneys’ fees, settlements or judgments.

Property Insurance

Property insurance covers your business in case a fire, storm, fire or vandalism ruins your property. Your policy will cover the cost to repair or replace your covered items including your building, equipment, furniture, computers and the data on them.

Worker’s Compensation

Worker’s compensation insurance is there to protect you and your employees in case one of them is injured or becomes ill because of work-related activities. Your policy will cover any legal or medical expenses associated with such an incident as well as the employee’s lost wages. Worker’s compensation laws vary from state to state but it’s a highly recommended coverage even if you have only one employee.

Finding the right Connecticut insurance company can be a tedious task. Do your research on the typical insurance requirements for your industry ahead of time and ask for referrals from your network to help expedite the process.