If there is one thing business owners in the Manitowoc area know, it is that building and sustaining a business does not come easy. It takes hard work, dedication, and smart money management to succeed, but protecting your success takes just much effort as achieving it. It only takes one accident or liability to bring a small business down without the right insurance. That is why when it comes to finding the right coverage for your business, we here at Terp Insurance work hard, so you don’t have to.
Manitowoc Business Insurance Solutions
Business insurance comes in many types and forms. Because different risks exist for different types of businesses, it is possible to customize your coverage, selecting only the insurance options that fit the needs of your company. At Terp Insurance, we offer a wide range of coverage types, some of which include:
General Liability Insurance
All businesses face liability risks simply by selling goods, providing services, or opening the doors to a physical location. General liability insurance provides coverage for medical bills if someone is injured at your business. It also safeguards your business against litigation if you are sued for property damages or a third-party bodily injury. Even if you win your defense, general liability can cover the legal expenses associated with defending claims against your business.
News reports are often filled with stories of businesses destroyed by unexpected events, such as fires and inclement weather. Property insurance can protect your business’s physical location, including the exterior and interior, as well as the signage, furnishings, and inventory.
Business Auto Insurance
If you use one or more vehicles for commercial purposes, business auto insurance is essential for protecting your business. Commercial auto insurance includes liability coverage in the event your business is responsible for causing an accident. It can also provide collision and comprehensive coverage for damages to your vehicle(s), as well as medical payments for injured employees and passengers.
Workers Compensation Insurance
If you have employees, you need workers compensation insurance. This coverage ensures your workers have access to the medical care and recovery time they need when injured on the job. Workers compensation can pay for medical bills and rehabilitative costs, as well as lost wages during recovery. It also protects you, the business owner, against legal trouble in relation to an accident in your workplace.
Other Coverage Solutions
There are many additional coverage options available, some of which you may need depending on your industry and assets. Examples include:
- Employment practices liability insurance
- Professional liability insurance
- Product liability insurance
- Data breach liability insurance
- Umbrella insurance
- And more
At Terp Insurance, we are proud to help local business owners save money on the quality coverage you need. As an independent insurance agency, our allegiance is to our customers – not the insurance companies. We take the time to get to know your business, your goals, and the types of hazards your business faces on a daily basis. We will work hard to close coverage gaps, minimize risk exposure, and prevent unexpected losses from eating into your profits.
If you own a business in the greater Manitowoc area, contact Justin Terp here at Terp Insurance to explore your coverage options and find out how working with an independent agent could better serve your bottom line.