HOW TO: Properly Insure your Business

Here is an excerpt from a new blog post at GreggMarcus.com:

There are risks in any endeavor and a business is no different. According to the Insurance Information Institute, 25% of businesses that close their doors due to disaster never open them again. The process of selecting the proper insurance for your business may be daunting, but it is of the utmost importance! “Before you officially start your business, you must be covered,” says Gregg S. Marcus, a Long Island Insurance Executive, “If a disaster does strike your business, you won’t be able to rebuild without preparation.”

The most common type of package policy for business owners is the business owner's policy or BOP. BOPs often include property insurance, vehicle coverage, liability insurance, flood insurance, business interruption insurance, and crime insurance. Depending on the type of business you own, you may need to purchase additional coverage.

To read this post in it's entirety, click here to visit the Gregg Marcus official website.