Happy Labor Day, Georgia!
As we celebrate the end of summer and the beginning of a new season, we usually take a break from work on a day like today.
Some of you might even take the day to rethink your current work situation and may look to move ahead with your own business.
And while you may pause from labor, you never pause from wisdom.
If you are soon to become a business owner in Georgia, it is important to make sure that you have the appropriate business insurance.
Different Types of Business Insurance
There are many different types of coverage that you can choose from, and each one provides a different level of protection.
We will also provide some tips on how to choose the right coverage for your business.
General Liability Insurance
This type of coverage protects your business from any claims that are made against it for bodily injury or property damage.
If someone is injured on your property or if you are responsible for damages to another person's property, your general liability policy will pay for the medical expenses and repairs.
While important for all businesses, it is especially important for businesses that have customers who visit their premises.
Product Liability Insurance
The second type of business insurance that we will discuss is product liability insurance.
This coverage protects your business from any claims that are made against it for injuries or damages that are caused by your products.
If you sell products that prove defective or that cause injuries, your product liability policy will pay for the medical expenses and repairs.
This coverage is important for all businesses that sell products, but it is especially important for businesses that sell products that are used by children.
Worker's Compensation Insurance
Worker's Compensation insurance coverage protects your business from any claims that are made against it for injuries or illnesses that are suffered by your employees.
If an employee is injured on the job, your workers' compensation policy will pay for their medical expenses and lost wages.
This coverage is important for all businesses that have employees, but it is especially important for businesses that have dangerous jobs.
These are just a few of the different types of business insurance that are available in Georgia. If you are a business owner, it is important to make sure that you have the right coverage for your business.
Contact us here at Arrow to discuss your needs, the different types of coverage available, and how to choose the right one for your business. We'll help provide a quote when you're ready.
One thing about arrow you can count on, we will shoot straight with you every time to hit the target for what you need.
We hope this post gives you a good overview of the different types of business insurance that are available in Georgia.
Have a great Labor Day!