Friday, June 15, 2012

How Do I Insure My New Business?

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

Insuring a new business can be a quite stressful process, though with some help it is not too grueling. Business insurance itself is far different than your homeowner’s insurance in the way that it is purchased and the protection offered. It is important to look at the coverage options available to your business. Most new business should consider the basic coverage available to best protect themselves. In this post, Long Island Insurance Executive, Gregg S. Marcus will explain how one should go about insuring their new business and what types of coverage vary from one company to another.

The basic types of coverage available are property insurance, general liability insurance, casualty insurance, and commercial vehicle insurance. Property and casualty insurance together will protect most of the hard assets of the business such as your furnishings, equipment, and computers. Liability insurance on the other hand will protect your company against a claim made by any other business. If you have employees when you begin your business you are going to need to acquire a form of workers compensation insurance as well.

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