3 Questions to Ask When Getting a Small Business Insurance Quote

Choosing the right small business insurance isn't just about the price of the premiums, it's about getting a small business insurance quote that works for your company. The next time you review your insurance coverage with an agent, ask these questions to ensure you're getting the right policies to protect your interests.What Coverage Do I Need in a Small Business Insurance Quote?General liability coverage is a necessity for most businesses. However, these policies alone may not be enough to cover big accidents or problems. Talk to your insurance agent about additional liability policies to protect every aspect of your business operation.

• Product liability coverage covers you when your product or service is found to be the cause of an accident or injury.
• Professional liability insurance pays for damages that are caused by negligence while providing services.
• Director's insurance protects the personal assets of those on the governing boards of public companies against liability claims.

Every business is vulnerable to a different set of circumstances. Ask your insurance agent which policies are best for your industry.How Can I Protect Myself and My Employees at the Same Time?Employees present special challenges for small business owners. If an employee gets sick or hurt while on the job, getting them the proper care can be a drain on your business resources. Talk to your insurance agent about policies designed to protect your employees' health and your bottom line.

• Worker's compensation provides funds for medical care, equipment, and prescription therapies for workplace injuries.
• Employer liability coverage pays for job-related injuries and illnesses that fall outside of worker's compensation policies.
• Employment practices liability coverage provides for legal funds in the event of a lawsuit brought against you by an employee.

For many small business owners, these policies are an essential part of their long-term protection strategy. Be sure to ask your agent which policies are right for your operation.Does My Business Owner's Policy Provide Enough Commercial Property Insurance?A Business Owner's Policy is a comprehensive collection of coverages that address most of the business' insurance needs. This includes commercial property coverage. However, your policy may not contain enough protection to ensure you can rebuild if a big accident happens. This is especially true for high inventory and sales-based businesses. Production operations that allow tours and public visitors may also have additional coverage needs.Review your Business Owner's Policy with your agent. Talk about where your coverage may need some expansion. Your small business insurance quote can often be customized to fit your budget, goals, and circumstances.Brashears Insurance Agency issues business insurance policies in the Santa Barabara area. Talk to our representatives for a personalized assessment of your current coverage and customized suggestions on how to make it better.