Whether you want a unique culture or famous cuisine, New Iberia, LA has it. With its diverse heritage, this town has a lot to offer. When you own one of the 447,440 small businesses in Louisiana, you'll want protection.
A relatively large town with 29,620 residents like New Iberia will have exposures. An independent insurance agent can help you find coverage for a low cost. You can connect with an adviser in minutes.
Is Your New Iberia, LA Commercial Property Coverage Enough?
Catastrophes and natural disasters can occur at any moment. When you own a commercial property, you'll want to protect it from the elements. An independent agent will need to know the following items to get started:
- Year built and structural make-up
- Operations that occupy the property
- Market value and replacement cost
- Protective devices in place
- Total square footage
- Prior property claims
The most common property claims in New Iberia are:
- Flooding and water damage
- Burglary and other property crimes
- Hurricanes and tropical storms
- Severe storms and lightning damage
Flood insurance: A separate policy you may not have
Most insureds are not aware that they won't have coverage for flood damage without a separate policy. Your commercial property can suffer thousands of dollars in damage when you don't have flood insurance. Get with a New Iberia independent agent to find the coverage that's right for you.
Does Your New Iberia, LA Policy Insure the Right Exposures?
In 2019 alone, there were $6,888,509,000 in Louisiana claims paid. To have coverage when it matters most, you'll want liability insurance. If a lawsuit occurs, you could be out a lot of money without enough coverage.
Commercial general liability or CGL insurance: Your primary policy
When a lawsuit comes against your business, CGL insurance will apply. If your limits of coverage are low, then you may have out-of-pocket expenses. To avoid paying on your own, connect with an independent agent to discuss.
Cyber liability insurance: Does your business need it?
When you're company's email gets hacked, client information can be stolen. If your business does not have a cyber liability insurance policy, you'll be on the hook for damage. Speak with a New Iberia independent agent to get quotes.
Business interruption insurance: What is it good for?
Business interruption insurance will pay for your expenses when a claim causes you to shut down. Coverage usually lasts from 12 to 24 months. It can be added to your CGL policy for a fee. Speak with your independent agent to see what the charge is.
Employee benefits coverage: How to add value
There are 902,758 people in Louisiana who are employed by small businesses. Some of them are in New Iberia. To stay ahead of the curve, you'll need to bring value. Employee benefits will contribute to a portion of your staff's health insurance, among other coverages. Connect with a New Iberia independent agent to get quotes on your business insurance today.
Do You Need Worker's Compensation Insurance in New Iberia, LA?
Worker's compensation insurance is mandatory with just one employee in New Iberia, LA. Worker's compensation insurance will pay for your employee's medical expenses when they get hurt on the job. Since state-required policies can be hard to navigate, get the help of a professional. A New Iberia independent agent will know the ins and outs of worker's compensation insurance.
Why Working with a New Iberia, LA Independent Agent Is Fruitful
Instead of figuring out business insurance on your own, why not get a professional's opinion? An independent insurance agent works on your behalf at no cost to you. They have access to several markets, giving you options on coverage and price.
If you're looking for the right policy for a low cost, an independent agent is a no-brainer. You can connect with a local expert on TrustedChoice. They have a network of 421 Louisiana independent agents ready to help.
TrustedChoice.com Article | Reviewed by Jeffrey Green
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