Garner, NC, is known for its historic downtown. This charming place is home to many new businesses such as Amazon. With a population of 28,858, it's small-town living at its finest.
When you're one of the 913,398 business owners in North Carolina, you'll want a policy that fits. An independent insurance agent can help with coverage and pricing. Connect with a local expert and start saving.
Liability Insurance and Your Garner, NC Business
There were $9,827,941,000 commercial claims paid in North Carolina in 2019. The most common losses were liability-related. To have adequate protection, take a look at the following options.
This additional policy will pay for a larger liability claim. Coverage will provide $1,000,000 or more in benefits. When your underlying coverage is exhausted, umbrella insurance will apply.
Cyber liability insurance
Cyber insurance is often overlooked, but is necessary. Your business could get hacked, and if that happens, you'll be responsible. In order to have coverage for stolen data and more, cyber liability can help.
Business interruption insurance
General liability insurance will have an option for business interruption coverage. This lasts for 12 to 24 months and covers business expenses. When a catastrophe shuts your doors, this coverage will apply.
General liability insurance
General liability insurance will pay for a lawsuit arising out of bodily injury, property damage, or slander. Your business will use liability insurance the most, so limits need to be accurate.
Insurance for Your Commercial Property in Garner, NC
Your commercial insurance is essential to running a smooth operation. Property insurance could be missing the full coverage your building may need. Many policies come standard with only 80% replacement for your structure. You'll want to go over the following items with a licensed professional to get the right insurance for your property.
- Protective devices in place
- Year built and structural make-up
- Total square footage
- Operations that occupy the property
- Market value and replacement cost
- Prior property claims
Common property risks in Garner, NC
- Hurricanes and tropical storms
- Burglary and other property crimes
- Flooding and water damage
- Severe storms and lightning
- Wildfires and other property fires
Why you need flood insurance
Most business owners aren't aware that their commercial property policies exclude flood damage. A separate policy is needed to have coverage. When you want insurance for all your exposures, consider getting quotes before time runs out.
Employee Coverage in Garner, NC
There are numerous policies you can obtain that will cover your business and your staff. If you want the right insurance, there are some things you need to know. Take a look at these coverage options:
Worker's compensation insurance
Worker's compensation will pay for the lost wages and medical expenses if an employee is injured or becomes ill on the job. In North Carolina, coverage is mandatory when you have three or more employees. Review your limits to ensure your policy complies with state law.
Employee benefits coverage
There are 1,700,000 people in North Carolina employed by small businesses. Employee benefits will contribute to your staff's life insurance and more. It is an inexpensive way to add value for your team.
Why You Need a Garner, NC Independent Agent
If you're looking for the perfect business policy, an independent insurance agent can help. They have access to several markets, giving you options on coverage and premiums. Since they work on your behalf at zero cost, it's a no-brainer.
When you're tired of DIYing insurance, consult with a professional. Go to TrustedChoice to connect with a local expert. You can use the find-an-agent tool to get matched in minutes.
TrustedChoice.com Article | Reviewed by Jeffrey Green
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