Lawrenceville, GA, is known for its local businesses and farming community. As one of the oldest cities in the state, this place has a lot of history.
When you operate a company in the 29,873 resident town, you'll want a trusted adviser. An independent insurance agent can help find the right policy for an affordable price. You can get matched easily with a local expert in minutes.
Insurance Your Lawrenceville, GA, Business Should Obtain
Your business is important, and protecting it needs to be as well. If you lack the right coverage, you could be at a loss financially. A local adviser can help decipher what policies your company needs. Check out a couple of overlooked coverage options to discuss with an agent:
Flood Insurance for Your Lawrenceville, GA, Property:
Flood insurance isn't mandatory but often necessary. Like your home insurance, flood damage is excluded from your property policy. To have adequate protection, you'll need separate flood insurance. Connect with a Lawrenceville independent agent for quotes.
Business Interruption Insurance in Lawrenceville, GA:
Business interruption insurance will help keep the lights on. When you have a loss that halts your operation, this coverage will pay for regular expenses for up to two years. Speak with a local independent agent to add this coverage today.
Do You Need Workers' Compensation Insurance with One Employee in Lawrenceville, GA?
In Lawrenceville, GA, you'll need to obtain workers' compensation insurance. State law mandates coverage when you have three or more employees. 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
While you may not have three employees yet, an adviser will likely recommend coverage with even one. You'll have the same risks with one staff member as you'd have with more, so insurance is necessary. Contact a Lawrenceville independent agent to get the right policy for your business.
Your Lawrenceville, GA, Property May Not Have the Coverage You Think
Catastrophes and natural disasters are common in any state. When you have a claim, you'll want to make sure you not only have coverage, but it's enough. Some commercial property policies will not insure up to the full replacement cost of your structure. Others will even have you pay the first 20% of a loss. If a claim is substantial, that could be hundreds of thousands of dollars out of pocket.
An independent insurance agent can ensure you have the right property coverage. Some of the primary exposures in Lawrenceville, GA, are as follows:
- Severe storms and lightning
- Burglary and other property crimes
- Wildfires and residential fires
- Flooding and water damage
You'll want help from a local expert who knows all the common risks associated with the city. To have adequate protection, connect with a Lawrenceville independent agent.
Liability Insurance Your Lawrenceville, GA, Business Needs
Liability insurance for your company is an essential policy to have. It will protect from a variety of lawsuits that could come your way over the years. A local adviser can help with limits and coverage options. Take a look at some standard policies your business will need:
Commercial general liability insurance (CGL): A CGL policy will protect your finances from a claim brought against your business. This liability coverage is your company's first line of defense. To obtain the right limits, contact an independent agent for quotes.
Umbrella insurance: Umbrella insurance will provide an additional layer of protection. When your CGL policy is exhausted, umbrella insurance will kick in. Speak with a local agent to review your options.
Cyber Liability Insurance: Data breaches and stolen information can put your business in harm's way. With as little as an email, your company can be compromised. 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
Most business owners are without this very important policy. To get adequate protection, contact a Lawrenceville independent agent to discuss.
Employee Benefits Can Help Attract Top Talent in Lawrenceville, GA
By offering employee benefits, you'll keep current staff engaged and new hires attained. With the rising costs of healthcare, employees want to be taken care of. An agent can help you get creative with your offerings. 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
Employee benefits can consist of a contribution to all or part of the following expenses:
When you're looking to add value to your culture, employee benefits can save the day. Talk with a Lawrenceville independent agent to put together a package for your staff.
Why You Need an Independent Insurance Agent in Lawrenceville, GA
Your business insurance protects your livelihood. When you need the right policy the first time, contact an independent insurance agent. They have access to several markets, saving you time and premium.
An independent agent works on your behalf for free so that you can get back to your business. Go to TrustedChoice.com to connect with a local adviser in minutes.
TrustedChoice.com Article | Reviewed by Jeffrey Green
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