How to Get Commercial Insurance

So you have decided to open a business. Or perhaps you have inherited a business. In any case, you will need commercial insurance. This will protect your assets if an accident or other loss happens on your business’s premises or from doing business with someone. It protects you from unexpected costs. Getting the insurance you need is easy if you go in forewarned and forearmed. 

What Kind of Insurance Do You Need?

The first thing you should ask yourself when seeking commercial insurance is, "What kind of commercial insurance do I need?" If you have hired people to work at your business, you will need workers’ compensation, unemployment, and disability insurance. Research to see if additional insurance is legally required. If your business provides a product, you will need product liability insurance to cover your assets if a defective product causes injury. If your business offers a service, you will need professional liability insurance to protect yourself against financial loss from error, malpractice, and negligence. If your business has significant property and physical assets, you will need commercial property insurance to protect it. If you run the business out of your own home, consider Home-based business insurance.

Roark Insurance Agency Serving Flatwoods, KY 

Congratulations, and best of luck on your new business venture. If you are in the Flatwoods, KY, area and are in the market for commercial insurance, please contact Roark Insurance Agency. Our sagacious and helpful agents are dedicated to helping you find the policy that best suits your needs. 

How workers compensation insurance can protect your business and your employees

Workers’ compensation insurance from Roark Insurance Agency is a must for any business that employs staff. It provides crucial protection for both the business and its employees in the event of a workplace injury or illness here in the Flatwoods, KY area.

Benefits of Workers’ Compensation

Workers’ compensation insurance covers medical costs associated with an injury, as well as lost wages if an employee has to take time off work to recover. This can be incredibly beneficial as it ensures that your employees are taken care of if they are injured or suffer an illness at work while also protecting your business from expensive medical bills and lawsuits due to workplace accidents.

For employers, workers’ compensation insurance can help reduce their exposure to costly legal claims, ensuring that the business is not exposed to unnecessary financial risks. Workers’ compensation insurance can also help businesses comply with state regulations regarding employee safety and health, providing peace of mind that they are taking steps to protect their staff in the event of a workplace incident.

Overall, workers’ compensation insurance is essential for businesses of all sizes that employ staff. Not only does it provide financial protection for both the employer and employee in the event of a workplace injury or illness, but it also helps ensure compliance with state laws and regulations relating to employee safety and health. With this type of insurance, you can rest assured that you’re doing everything you can to protect both your staff and your business.

Reach Out To Us

For more information, give us a call at Roark Insurance Agency today. We are proud to serve the Flatwoods, KY area and would be happy to help you find a policy that meets both your needs and your budget.