Because Grosse Pointe, MI encompasses five distinct areas, it offers immense opportunities for small businesses and entrepreneurs to thrive. Plus, the town's proximity to Detroit and to Canadian towns provides the ability to network, expand and make an impact in their marketspace. In fact, there were 856,682 small businesses in 2014, employing 1,755,901 individuals and greatly contributing to state and national economies. But these same businesses suffered $12,848,751 in losses from insurance claims.
You can't protect yourself from the unexpected. That's why you need a Trusted Choice® Independent Insurance Agent on your side to ensure your business is fully covered against every risk out there. Our local agents will assess your situation and find you a comprehensive, affordable Grosse Pointe business insurance policy that works for you.
The most basic form of insurance protection for small businesses is liability insurance. If a customer is injured on your property or your product malfunctions, liability coverage steps in and covers any associated medical or legal costs you may face.
The state's GSP is only 0.2% less than the national GDP — indicating how the success of your business impacts more than just you. To ensure you're raking in as much profit as possible, ask a Trusted Choice agent about business interruption insurance. When a weather- or safety-related incident forces your company to shut its doors, this coverage comes into play, allowing you to continue to pay employees and bills.
A whopping $9.7 billion from weather-related property damage was not covered by insurance in 2014, which means you need as much protection as you can get when it comes to property insurance. If a strong tornado, flash flood or intense winter storm rolls through, you can receive compensation for damaged property, both on the exterior and interior of your building.
Average workers' compensation rates for businesses amount to $612 per employee. It may seem like an unnecessary cost, but if a worker is hurt while on the job or suffers from an illness related to work, you need financial protection for medical and legal costs. Don't let the unexpected cause devastation to your business — find the proper workers' comp policy with a Trusted Choice agent.
Small businesses paid an average annual rate of $5,321 per person, or $15,242 per family, for health care coverage. It's a necessary employee coverage that your hard workers deserve and something they need to feel appreciated and supported. The health and life insurance arenas can be challenging, but not with a Trusted Choice agent. We will work with you, analyze your employees' needs and your budgetary restrictions, and find coverages that work for all parties involved.
Regardless of how much personally identifiable information your small business holds, you're at high risk for a cyber breach. Today's hackers are relentless, and you need protection in today's tech-heavy world. Let a Trusted Choice agent know about the information you store, your concerns and your budgetary restrictions. Our agents will gladly find you the right level of coverage when it comes to cyber protection.
Considering how many risks your Grosse Pointe business faces, you need a Trusted Choice Independent Insurance Agent working with you. Because our agents aren't tied down to one carrier, we can compare a number of quotes from various insurance carriers to find you a Grosse Pointe business insurance policy that is both comprehensive and affordable. We want your company to succeed, and we look forward to assessing your risks and looking for discounts.