Gretna Business Insurance

Your Complete Guide to Gretna, NE, Business Insurance

How to connect with a local adviser for free

Gretna Nebraska business insurance

Gretna, NE, was established in the late 1800s and took over what was once known as Forest City. It is a once heavy railroad city turned into a family-friendly community with a tribute to the past.

If you're one of the 176,358 people who own a business in Gretna, you'll want the right protection. An independent insurance agent can help you access coverage for a low rate. Connect with a local adviser today.

Is Your Gretna, NE, Commercial Building Covered?

Commercial property insurance has coverage up to the dwelling limit. Usually, there is an 80/20 coinsurance that applies if you're not careful. That means you'll own the first 20% of the claim. An independent agent can help you determine how much coverage you need without cutting corners. Here are a few items a professional will need to know to get started:

  • Flooding and water damage
  • Burglary and other property crimes
  • Hurricanes and tropical storms
  • Severe storms and lightning damage
  • Tornadoes

Your state will have common risk exposures that could impact your commercial property. In Gretna, NE, the top five most reported property claims are as follows:

  • Severe storms and lightning
  • Flooding and water damage
  • Wildfires and residential fires
  • Tornadoes
  • Burglary and other property crimes

Not all policies are created alike. Catastrophes can strike at any time, and being prepared is the best defense. Contact a Gretna independent agent to talk about your coverage limits.

Does Your Gretna, NE, Business Have Enough Liability Insurance?

There were 3,632,370,000 commercial claims paid in 2019 alone in Nebraska. When you lack vital coverages on your business insurance policy, you could be opening yourself up to huge exposures. Liability insurance will help protect your company from a lawsuit. 

There are several different types of liability coverage you can obtain. An independent agent can help you decipher which policy is best. In the meantime, take a look at the foundational policies to get you started:

Cyber liability insurance in Gretna, NE: When your company gets hacked, sensitive information is usually stolen, making you vulnerable to a lawsuit. A consumer or employee can sue if your database isn't well protected. 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 businesses are without this very crucial coverage. If you use as little as an email address, your company could be at risk for a cyberattack. Connect with an independent agent to get quotes.

Commercial general liability insurance (CGL): A CGL policy protects your company's finances in the event of a loss. This policy covers a variety of lawsuits that could come your way. Speak with an adviser on which limits are right for your company.

Umbrella insurance: Umbrella insurance provides additional liability coverage when a large loss occurs. If your underlying CGL policy limits become exhausted, umbrella insurance will apply. Discuss all your business insurance options with a licensed professional. 

Other Coverages Your Business Needs in Gretna, NE

Your business insurance is one of the most critical items you'll purchase. Without proper coverage, your business could be wiped out completely. Take a look at some optional policies that your business should consider:

Flood insurance: Contrary to popular belief, flood damage is not insured under your business's primary policy. You'll need separate flood insurance to cover a loss. Contact an independent agent for quotes.

Business interruption insurance: This coverage pays for your business expenses when a claim shuts down your operation. Business interruption coverage usually lasts 12 months but can be purchased for up to two years with some carriers. Speak with a local adviser to discuss.

Employee benefits insurance: There are 412,291 people employed by small businesses in Nebraska. To stay competitive, you'll need to add value. Employee benefits insurance will help pay for your staff's health, life, and disability insurance. It is a great way to attract and retain employees. Let's look at the facts:

  • Average annual health premiums for family employee coverage in 2019: $20,576
  • Average annual health premiums for single employee coverage in 2019: $7,188

When you're looking to add value, help your employees pay for their most expensive coverage. Speak with an independent agent about creative ways to put a package together. 

Do Gretna, NE, Businesses Need to Carry Workers' Compensation Insurance?

Each state requires some form of workers' compensation insurance. Gretna is no different. If you have just one employee in Nebraska, you'll need to carry workers' compensation coverage. Let's see what workers' compensation covers:

  • 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

To avoid paying for a claim out of pocket, policy limits need to be adequate. Medical expenses and wages can add up fast. Contact a Gretna independent agent to get the right policy for your business.

Why You Need a Gretna, NE, Independent Insurance Agent

An independent insurance agent can help you find the best coverage for the lowest price. Since they work with several markets, they're able to shop rates. 

When you need protection for your Gretna business, connect with an independent agent for free. Go to TrustedChoice.com to get matched with a local expert in minutes.

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TrustedChoice.com Article | Reviewed by Jeffrey Green

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https://www.statista.com/statistics/587690/identity-theft-complaints-victims-by-state-in-the-us/