The agents at Donaldson Insurance Inc. in Alabama want business owners to know and understand all of the requirements and coverage options for commercial insurance.
First of all, all business owners must have at least a commercial liability insurance policy for all vehicles owned by the business or company and any vehicles used for business purposes. Secondly, all businesses in Alabama with five or more employees must carry a worker’s compensation policy to assist employees who must take off work for a period of time due to injuries or illnesses they suffer from due to working at the business or company medical bills. There are also other options when it comes to commercial insurance.
Commercial liability insurance coverage is designed to protect your business if a customer or visitor of your place of business is injured. This type of coverage will also assist in paying for repairs if property damage occurs. Also, it can cover copyright infringement, libel, or slander. This is very helpful if a business owner has to deal with a lawsuit.
This type of commercial insurance will help pay for repairs to a building you own that houses your business if there is a fire, natural disaster, or vandalism. It will also help replace any items or products of your business lost due to these incidents or even a burglary. This is a vital coverage option to have in place to protect the investment you have made in your business and your livelihood.
Call one of the trusted and experienced agents at Donaldson Insurance Inc. in Alabama today to get your commercial insurance policy started to protect the investment you have made in your business.