St. Albans, WV is a historical site once owned by George Washington. It is home to lumber, ferries, and railroad stops, putting this city on the map. This quaint town boasts 10,265 residents, giving it charm.
If you're one of the 113,410 small businesses in West Virginia, you'll need coverage. An independent insurance agent can help you find a policy to insure your assets. Connect with a local adviser today to begin your search for a comprehensive policy.
Are You Covered by Commercial Property Insurance in St. Albans, WV?
Did you know that many commercial policies on the market today may not have full coverage for your assets? Commercial property policies have been known to insure only 80% of the building value. That means the first 20% is your responsibility. Speak with an agent about the following items concerning your building:
- Year built and structural make-up
- Total square footage
- Market value and replacement cost
- Protective devices in place
- Operations that occupy the property
- Prior property claims
Common property risks in St. Albans, WV:
- Flooding and water damage
- Severe storms and lightning damage
- Hurricanes and tropical storms
- Burglary and other property crimes
- Severe storms and lightning damage
Are you covered for floods?
Flood damage is excluded from your commercial property policy. You'll have to obtain a separate flood insurance policy to have adequate protection. Discuss quotes with a St. Albans independent agent.
Employee Coverages That Your St. Albans, WV Business Needs
If you have employees, you're required to carry worker's compensation insurance in the state of West Virginia. Since coverage is mandatory, a professional can help with limits. Worker's compensation will cover medical expenses and lost wages for employees who are injured on the job.
If you're unsure how coverage works, connect with an independent agent. They can help you avoid penalties and fines due to improper limits. An agent knows the ins and outs of state-mandated insurance and can help with coverage.
How to attract and retain staff with employee benefits coverage
There are 275,145 people in West Virginia employed by small businesses. To add value, consider employee benefits coverage. This will help pay for your staff's healthcare costs and more.
When you need to show you care, look for ways to contribute. If you pay for your team's largest expense, you can help them stick around. A St. Albans independent agent can show you how to create a package.
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Is Your St. Albans, WV Liability Protection Enough?
In 2019, a whopping $1,699,944,000 in commercial claims were paid in West Virginia. To avoid any out-of-pocket expense, consult with a trusted adviser. An independent agent can review these coverages with you:
General liability is your main policy
General liability insurance will apply when a lawsuit is filed against your business for bodily injury or property damage. Adequate coverage limits are necessary, and can be discussed with an adviser. An independent agent can help.
Is business interruption insurance included in your general liability policy?
Business interruption insurance will pay for your expenses when a catastrophe closes your doors. With up to 2 years of coverage, it will help your company avoid permanent closure. Get with an independent agent in St. Albans to discuss.
How you can protect your business with cyber liability insurance
Cyber liability insurance will help pay for damages arising out of a cyberattack. When your business gets hacked, you'll be responsible for the loss. Connect with a local independent agent for details.
Why Working with a St. Albans, WV Independent Agent Saves You Money
Your operation needs proper business coverage to survive. An independent insurance agent can help you save money by working on your behalf at no cost to you. Since they have access to several carriers, you'll get the best coverage at an affordable price.
When you're looking to get proper insurance without all the hassle, get with an independent agent. You can connect with one of the 109 local advisers on TrustedChoice. They can get you matched within minutes.
TrustedChoice.com Article | Reviewed by Jeffrey Green
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