When you launch a commercial venture, you need extensive preparation to make your business a success. You might not think of insurance as one of those must-haves, but it tops the list.

Business or commercial insurance protects your financial investment in your company. Bryan Insurance Agency, LLC of New Windsor, NY wants you to understand your options. In this article, we examine the most commonly purchased business insurance policy, the business owner’s policy (BOP).

In a BOP, you obtain three types of insurance that every business needs. By bundling the coverage together, the BOP costs less than buying each policy separately.

Your BOP policy from Bryan Insurance Agency, LLC can include liability coverage, property damage, and business interruption coverage. These three types of policy get purchased most often by businesses of every size.

This means that a BOP covers when a tornado hits your office or lightning strikes it, starting a fire. You have the insurance to pay for the damage repairs to the structure and any personal or business property inside that incurs damage. All named perils included in the policy receive this coverage.

Its liability component covers when someone slips and falls in your place of business, whether it is a storefront, a recording studio, or a public relations firm.

The business interruption coverage protects your financial future by providing for lost income when a named peril temporarily shuts down your business. The aforementioned fire, for example, would require you to close up shop at that location while you had repairs made. The business interruption component pays you for this lost operating time. This enables you to keep your employees because you can pay for them.

Find out if a BOP would work for your company by contacting us today. We want the New Windsor, NY area to thrive, and that takes adequate financial planning. Let us help you achieve that.

As a business owner, you strive to have your business ideas come to fruition. With all of the daily tasks that you have to think about, the one thing that should be solid is protecting your business. Having the proper insurance policy can prepare your business for unforeseen situations that could cause bankruptcy or worst. 

At Bryan Insurance Agency LLC, we make sure that all of our clients have the appropriate insurance protection that they seek. Since 2004, we have helped individuals find the coverage that is right for them and their families. We also work with business owners to ensure that their assets are protected with the proper commercial insurance policies. Here are a few details to pay attention to when buying insurance for your business based in New Windsor, NY.

Property damage

Property damage can come from normal wear and tear, weather damage, and vandalism. Whenever you experience any of the latter, you want to be able to fix it as soon as possible. Having an insurance policy already set in place for this gives you a safety net as a business owner.

Liability claims/bodily injury 

At a business, anything can happen. A customer or employee could be injured, and with commercial insurance, you will have a policy that covers the possible standard expenses to be paid out. This takes away stress if you do not have the funds as a business owner to cover any liability claims/bodily injury situations from customers or employees.

Would you like to contact us to set up a consultation meeting or ask our agents for more information? Reach out to our office in New Windsor, NY to speak with our team and get started with a  quote.

When you have a business, you have to make sure that you protect it. The best way to accomplish this is with commercial insurance. At Bryan Insurance Agency, LLC in New Windsor, NY, we’re here to help you understand why you need a good policy.

Secure Your Property

You may have a number of components regarding your business. This includes a business location, inventory, and more. With the right commercial insurance policy, you can secure your property effectively. It ensures that if you have any issue within your business, whether it’s a break-in, a fire, or something else, your property is protected.

Avoid Expensive Lawsuits

A commercial policy will provide you with liability coverage. This makes it easy to avoid expensive lawsuits in the event that your employees damage property or someone gets injured on your property. You can file a claim and let the insurance company take care of the details as opposed to potentially bankrupting you because of one accident.

Keep your Business Going

Ultimately, you need to make sure that you keep your business going. Since there’s no way to know what can happen, a commercial policy allows you to plan for the unexpected. A variety of different types of insurance can be added to your policy so that it is comprehensive. This includes business interruption insurance that provides you with the necessary revenue if you need to close your doors due to unforeseen circumstances.

Every business is different and, therefore, every policy needs to be different. What you add to your business policy is of the utmost importance.

Secure your business more effectively by contacting us at Bryan Insurance Agency, LLC in New Windsor, NY. One of our insurance agents can customize a policy and get you the quotes that you need. It will ensure that you are protected all year long.