Edina, MN, is known for class and quality of life, making it a great place to lay roots. Home to shopping and fine dining, Edina is a sophisticated city.
With over 51,958 residents, this mid-sized town has a lot of opportunity. When you're one of the 520,110 small business owners in the state, you'll need coverage. An independent insurance agent can help you find the right policy. Connect with a local adviser to begin your search today.
Do You Have the Right Liability Coverage in Edina, MN?
When you're without proper coverage, it can halt your operations fast. There were $8,438,256,000 in commercial claims paid in Minnesota in 2019 alone. An independent agent can help you find the right policy for your exposures. In the meantime, check out some of the most common liability policies and coverages:
Cyber liability insurance: A cyber liability policy will protect your business when a lawsuit arises out of a cyberattack. If sensitive information gets stolen, you're responsible for a loss. Connect with an independent agent to get this policy in place.
Commercial general liability or CGL insurance: CGL insurance is your company's primary policy from which all other insurance stems. When you are sued for a slip and fall or a product recall, this policy will help pay the bill. Speak with a local independent agent on liability coverage.
Business interruption insurance: Business interruption insurance pays for your regular expenses when a catastrophe or loss closes your doors. Coverage can last anywhere from 12 to 24 months. It can easily be added to your CGL policy by an independent agent.
Does Edina, MN, Require Workers' Compensation Insurance?
If you're DIYing your workers' compensation insurance, you could be missing coverage. The state of MN requires all employers to carry workers' compensation if they have employees. When you're mandated to get a policy, it's not something you want to risk.
Fortunately, an independent insurance agent can help. They know the ins and outs of coverage law and can get the right policy for your business. Connect with an independent agent in Edina today.
Employee Benefits Coverage in Edina, MN, to Attract Talent
There are 1,300,000 people in Minnesota employed by small businesses each year. To stay ahead of the curve, you'll need to add value. Employee benefits are a great way to entice new hires and retain the current.
Your employees help your business run. Show them you care by contributing to health insurance and more. Speak with an Edina independent agent for creative package options.
Is Your Edina Commercial Property Covered?
There are many policies written that will only insure up to 80% of the building value. Commercial property coverage can carry a coinsurance clause that makes you responsible for the first 20% of a loss. Don't wait until you have a claim. Review your coverages with an independent agent. Take a look at the most common property risks that should be covered by your business insurance:
- Water damage
- Severe storms and lightning damage
- Wildfires and residential fires
- Burglary and other property claims
Flood insurance: One item your property insurance won't cover is flood damage. When you have a water loss related to flooding, you'll be responsible for the cost without a flood insurance policy. Speak with an Edina independent agent to get FEMA-approved quotes.
Why You Need an Edina, MN, Independent Insurance Agent
When you work with an Edina independent insurance agent, you get the best of both worlds. A trusted adviser is where the perfect coverage and price for your business unite. An independent agent works with several carriers, giving you options.
If you're tired of doing everything yourself, let a professional handle your coverage. Connect with one of the local experts on TrustedChoice.com to start saving.
TrustedChoice.com Article | Reviewed by Jeffrey Green
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