In today's environment, commercial insurance is required for all businesses, including start-ups. New enterprises and start-ups, in particular, stand to lose the most if things go wrong. As a result, it's critical to safeguard yourself in the greatest possible way, which includes purchasing commercial insurance. This form of insurance is not required in our state, but if you want to run a successful business, you should get it.
Purchasing commercial insurance could mean the difference between your startup's death and survival.
For start-ups, general liability insurance is essential. Liability covers damages resulting from settlements, claims, or litigation that your startup may face as a result of third-party injuries or property damage.
Professional Liability Insurance is a type of liability insurance that protects professionals. If prosecuted for copyright infringement, programming errors, printing errors, and other blunders, many creative and IT firms would be doomed. By defending you and paying any damages you may owe, professional liability insurance protects you and your reputation.
Property Insurance for New Businesses. This refers to the physical assets that your startup owns. This includes your inventory, structures, equipment, and company vehicles, among other things (commercial auto insurance). This category includes damages caused by wind and hail storms, fire, smoke, collisions, and vandalism.
Flood insurance is a type of insurance that protects you from Business property insurance does not cover flood damage. That is why you will require flood insurance for your new business. Keep in mind that flooding can happen anywhere, at any moment. It aids in the protection against the resulting losses.
Workers' Compensation Insurance (WCI) is a type of insurance that If you have employees. You must provide workers compensation insurance. Your staff are crucial to the success of your company. Ascertain that they are looked after in the event of an accident that leads in injury, incapacity, or time off from work.
Founded in the Belltown neighborhood of Seattle in 2004, we now service the entire west coast, including Washington, Oregon and California, with office locations in Seattle and San DIego. At Belltown Insurance Group, each one of our clients are given a dedicated team of experts that work together to proficiently address all your concerns.
Give one of our agents a call to save money on your Business Insurance. Some of our Commercial insurance coverages include Business Owners Policy (BOP), General Liability, Commercial Auto, Workers Compensation, and Bonds.
Let us help you cut your insurance cost in Washington
Just give us a quick call today at (206) 443-7744 or Submit one of our quick online quote forms - with the help of our dedicated business partners; we conveniently offer an entire solution for all your insurance and business needs.