When it comes to insuring your business in Silver Spring, MD, there are some commercial policies that will benefit every business and some that will benefit certain types of businesses or industries. Even if you are just starting out, it’s imperative to get the right insurance for your business.

General liability insurance is recommended for every business since it provides protection against common customer incidents, such as property damage, bodily injuries, or advertising injuries. Any accident can lead to big legal bills, which is why this policy is so important to have. Other liability policies can also be needed, such as professional liability insurance if you provide professional services to clients. 

The risk for your business will determine what other policies you need. An agent at Renee Oliver Insurance Agency Inc. can help you determine your risks and the best policies for your business. If your business has valuable property then you may want commercial property insurance, since this covers your physical assets against damage or loss. If you have a small business and are in a low-risk industry, you may be able to bundle commercial property insurance with commercial liability in a business owner’s policy. These two policies address just the bare bones but it’s important to consider your location, operations, and industry when building a policy.

If you have employees, you will want to have workers’ compensation insurance and it’s required for businesses in Silver Spring, MD. Workers’ comp insurance will cover on-the-job employee illnesses and injuries. If you have business-owned vehicles then you should have commercial auto insurance. If you have a large online component for your business then cyber liability insurance can protect you from costs associated with data breaches and can cover notification costs, legal expenses, and credit monitoring. 

Contact Renee Oliver Insurance Agency Inc. to get a quote for commercial insurance.