According to the Small Business Administration Office of Advocacy, 99.9% of all businesses in the United States are small businesses. Our team at Securum LLC in Lynnwood, WA, are independent agents and provide personalized service to all of our customers. We understand that small businesses face a wide variety of risks, and our job is to help customers secure the coverage they need for their business.
Commercial Property Insurance
Commercial property insurance covers both the building that houses your business if you own it, and the things that you use to conduct business. It varies from business to business, depending on what you do. It can include tools, display units, electronics, office furniture and equipment, machines, inventory, raw materials, and whatever else you use. Having insurance allows you to resume operations as quickly as possible.
Commercial Liability Insurance
Commercial liability insurance may be the most valuable coverage of all. Being sued is one thing that can sideline your business and is almost unlimited. One in three businesses will be sued every year. It can be a client, a customer, an employee, or a vendor. If they sue you, there may be a judgment to pay and certainly legal fees. It could close your business if you can’t pay.
Workers’ Compensation Insurance
In Washington State, all businesses must protect their employees with workers’ compensation insurance. It doesn’t matter how many employees you have.
Business Interruption Insurance
A small business may find it very difficult to survive many hazards. If your business is hit by a fire, theft, or other covered hazard, your source of income may dry up rather quickly. To survive, you need to pay your bills and payroll. If you have business interruption insurance, it will provide the money you need to stay in business.
Contact our office at Securum LLC in Lynnwood, WA, to get a quote for your commercial insurance.
