How Does Commercial Insurance Protect My Small Business?

Owning a business is a dream come true for many entrepreneurs. Business ownership brings a sense of unrivaled fulfillment and accomplishment. However, business owners must be ready to contend with the risky nature of the business environment. Otherwise, your hard-earned business could evaporate as you watch.

One way you can risk-proof your business is by considering commercial insurance from Saucon Insurance Agency. Commercial insurance comes to your rescue when the unexpected occurs. Here is how commercial insurance protects your Bethlehem, PA business.

  • Liability protection: Regardless of the nature of your business, you are never far from liability claims. Unfortunately, liability claims can be costly, and one incident can be enough to bring your business down. Commercial insurance cushions your business when accused of property damage, bodily, and advertising injury. Additionally, business insurance covers legal costs when sued.
  • Assets protection: Commercial insurance protects your inventories, furniture, buildings, computers, and other assets from risks like fire, theft, vandalism, etc. Business insurance compensates you when disasters strike, lessening your financial burden.  
  • Employee protection: Your employees are one of the most prized assets, so it makes sense to protect them with business insurance. Worker’s comp insurance covers medical expenses and ongoing care for employees injured in work-related activities.
  • Protects your reputation: Commercial insurance builds confidence among your customers, investors, and suppliers. Business insurance ensures that the stakeholders’ interests are protected should something go amiss.
  • Legal compliance: All businesses must purchase worker’s comp insurance to operate legally in Pennsylvania. Besides, you must purchase commercial auto insurance if you have commercial vehicles. Failure to buy the required commercial insurance may result in fines and penalties.
  • Protects your business from cyber crimes: As more businesses become digitalized, they have become a target of cybercriminals. While commercial insurance won’t prevent your business from malicious online activities, it cushions you financially when data breaches happen.

Do the above benefits appeal to you? It’s time to protect your Bethlehem, PA business with commercial insurance. Please get in touch with Saucon Insurance Agency for a comprehensive yet affordable business insurance policy.