Alpharetta Business Insurance

Your Complete Guide to Alpharetta, GA, Business Insurance

How to find a local independent agent.

Alpharetta Georgia business insurance

Alpharetta, GA, is known as a technology city and home to many tech businesses, and with some of the best schools in the US, this place has a lot to offer. 

When you operate a company in the 65,799 resident town, you'll need adequate protection. An independent insurance agent has the right coverage for a fair price. Connect with a local adviser to get started today.

Why You Need Liability Insurance for Your Alpharetta, GA, Business

There are a few different forms of liability insurance that are most common for businesses. These are key policies to obtain and could mean the difference in your business thriving or dying. Speak with an independent agent to make sure you're operation isn't missing anything.

Commercial general liability insurance (CGL) explained: A CGL policy will protect your business income in the event of a lawsuit. It will help pay for your legal defense for a coverable loss. To make sure you have the right limits, connect with an independent agent.

Cyber liability insurance: Cyber liability will pay for your defense in the event of a data breach. When your company gets hacked and exposes sensitive information, someone will usually seek restitution. Let's take a look at some facts:

  • Number of US identity records exposed in 2019: 164.68 million
  • Number of US data breaches in 2019: 1,473

A trusted adviser can help determine how much cyber liability is adequate for your operation.

Umbrella insurance explained: Another form of protection is umbrella insurance. This policy will provide an additional layer of coverage when your underlying CGL limits are exhausted. This happens a lot in business claims. Talk with an Alpharetta independent agent to discuss your commercial insurance. 

Other Coverages Your Business Shouldn't Be without in Alpharetta, GA

Your business is your livelihood, and proper protection is necessary. There are specific coverages your policy doesn't automatically include but should be added. A local adviser can help go over which of these options you'll want to have. 

Commercial property insurance in Alpharetta, GA:

When you own a business property, you'll need coverage for the structure and any personal belongings. A commercial property policy will protect your assets to make sure you can replace it when a loss or catastrophe occurs. Take a look at the top five property exposures in Alpharetta, GA:

  1. Severe storms and lightning
  2. Tornadoes
  3. Burglary and other property crimes
  4. Wildfires and residential fires
  5. Flooding and water damage

If you're unsure what your commercial property policy covers, ask an expert. Contact an Alpharetta independent agent to review your policy. 

Flood insurance for your Alpharetta, GA, property: Similar to your home insurance, your commercial property needs protection from flooding. Flood damage is not an included coverage on your property policy. Contact an agent to get a flood insurance quote.

Business interruption insurance in Alpharetta, GA:

This coverage will pay for regular business expenses such as employee payroll, mortgage or rent, and insurance if your company has to be shut down for a time. Talk with an agent about adding this to your CGL policy.

Does Alpharetta, GA, Require You to Carry Workers' Compensation Insurance?

Alpharetta, GA, requires that every employer with three employees must carry workers' compensation coverage. However, most experts would advise that you obtain it with just one employee. The best person to find coverage is an independent agent. Let's see how workers' compensation provides coverage:

  • Pays for medical expenses of an injured or ill employee hurt on the job
  • Pays for lost wages of an injured or ill employee hurt on the job

When you want to avoid out-of-pocket expenses, you'll need to make sure you have a sufficient policy. Fortunately, an adviser can guide you through how much coverage you need and the best carrier. Work with a local independent agent in Alpharetta to get started.

How Employee Benefits Coverage Can Help Your Alpharetta, GA, Business

When you're looking to attract and retain employees, adding value can go a long way. Employee benefits coverage can show your employees you care. An independent agent will help you create an offering that suits your needs. Let's take a look at the facts:

  • Employer health insurance contribution in the US as of 2018: 77%
  • Average annual health premiums for family employee coverage in 2019: $20,576
  • Average annual health premiums for single employee coverage in 2019: $7,188

Every business owner has the choice to contribute to all or part of the following employee policies:

When you want the best talent and excellent workplace culture, employee benefits can help. Speak with an Alpharetta independent agent to get started on your package today. 

How to Find an Independent Insurance Agent in Alpharetta, GA

Business coverage can be confusing if you're not a professional. Fortunately, an independent insurance agent can find the right policy for the best price in town.

When you work with an independent agent, they shop on your behalf, for free. To connect with a local expert, go to TrustedChoice.com. They have a find-an-agent resource to help. 

Share this page on Twitter Share this page on Facebook Share this page on LinkedIn

TrustedChoice.com Article | Reviewed by Jeffrey Green

©2021, Consumer Agent Portal, LLC. All rights reserved.

https://www.city-data.com/city/Alpharetta-Georgia.html

https://www.exploregeorgia.org/city/alpharetta

https://www.statista.com/statistics/1070426/large-company-cyber-insurance-claim-cost-north-america-by-cause-of-loss/