Parkersburg, WV, was once monumental in the country's oil and gas industry. This innovative town has a deep history with smaller town charm. With over 30,096 residents, it's an excellent place to lay down roots.
If you're one of the 113,410 small business owners in the state, you'll need to protect your assets. Get an independent insurance agent to review your policies. You can connect with a local expert to get started.
How to Have the Right Property Insurance in Parkersburg, WV
Your commercial insurance policies will protect some large assets. There are an alarming number of commercial property policies that only insure up to 80% of the building's value. That means you're responsible for the first 20%. To have the right coverage, you'll need a professional. Take a look at the common property exposures in Parkersburg, WV:
- Flooding and water damage
- Severe storms and lightning damage
- Hurricanes and tropical storms
- Burglary and other property crimes
- Severe storms and lightning damage
A property policy should have coverage for all the common risks in Parkersburg, WV. When you're unsure how your policy will respond to a loss, contact a professional. An independent insurance agent in Parkersburg can review your coverages.
Do you have flood insurance? Contrary to popular belief, flood damage is not a coverable loss on your property policy. Most business owners aren't aware of this until it's too late. Don't wait until you're standing in an inch of water. Speak with a Parkersburg independent agent for quotes now.
Employee Coverages Most Parkersburg, WV, Businesses Need
Some policies will directly impact your staff. They will help you pay for an employee-related loss, add value, and cover your exposure. To get the right coverage, discuss the following insurance with an independent agent:
Workers' compensation insurance: Workers' compensation insurance is state-mandated in West Virginia. You'll need to obtain coverage if you have one employee or more. It will pay for medical expenses and lost wages for an employee injured on the job. Connect with a local adviser to navigate this regulated policy.
Employee benefits coverage: With 275,145 people in West Virginia employed by small businesses, you'll want to offer value where you can. Employee benefits coverage will help you contribute to your staff's health insurance and more. Talk with a Parkersburg independent agent to review.
Does Your Business Have Enough Liability Insurance in Parkersburg, WV
Liability insurance is one of the most used coverages on your policy. It will protect against a variety of claims. Talk with an independent agent to go over the following liability insurances:
General liability insurance: GL insurance will help you pay for a lawsuit arising out of bodily injury and property damage. To be sure you have adequate limits, you'll need a professional. Connect with an independent agent to review.
Business interruption insurance: Business interruption insurance will pay for your regular expenses when your company shuts down due to catastrophe or loss. Coverage can last up to 24 months. Contact a local adviser to add to your GL policy.
Cyber liability insurance: Cyber liability insurance is a separate policy that will help pay for a loss arising out of a cyberattack. When your business gets hacked and sensitive data is stolen, you're responsible. Speak with a Parkersburg independent agent today.
Business umbrella insurance: This is a policy that will add another layer of liability protection for a more substantial loss. When a claim exceeds your underlying GL insurance limits, umbrella insurance will kick in. Contact a local independent agent to obtain quotes.
Why You Need a Parkersburg, WV, Independent Insurance Agent
Your business coverage is important. An independent insurance agent can help get a policy that won't impact the bottom line. Since they work with several carriers, you'll have options.
When you're tired of doing everything yourself, let a professional take the lead. An adviser can find your business protection that lasts. Connect with one of the local experts in West Virginia on TrustedChoice.com.
TrustedChoice.com Article | Reviewed by Jeffrey Green
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