Commercial Insurance

If you run a business in Georgia, it's crucial to sign up for the right types of commercial insurance. This coverage can help ensure that your company stays in business when unforeseen events take place, such as an employee injury or vehicle accident. Many firms benefit from carrying liability, automotive, property, and/or workers' compensation policies, but the best options vary by industry.

State Rules

Georgia's state government requires most companies to obtain some form of insurance. For instance, businesses with vehicles need auto liability coverage. If a firm employs at least three people, it must acquire workers' compensation insurance. Some professional licenses require additional coverage. Lenders, landlords, investors, or clients might expect your company to be insured even when the government doesn't demand it.

Advantages

Business insurance offers several valuable benefits. It can protect owners, employees, and guests from unforeseen losses. This type of policy may cover injuries to workers or customers, commercial buildings that suffer damage in disasters, and commercial vehicles involved in crashes. It might also prove beneficial when your business faces a lawsuit after accidentally causing damage or injuries.

• Protect your assets
• Comply with state law
• Reduce risk exposure

Options

Each business needs different kinds of coverage. For instance, a dentist in Canton can benefit from a professional liability policy. It protects service providers when mistakes lead to legal action. Even the most skilled professionals sometimes make errors, so this insurance is crucial. On the other hand, a factory or distributor needs product liability coverage. These companies can file claims if defective merchandise triggers lawsuits.

Foundation Financial LLC offers dependable commercial insurance that will meet your company's specific needs. Our friendly staff in Canton, GA can help you determine what types of policies are needed and how much coverage is necessary. We know how to set up insurance plans for restaurants, shops, salons, and many other businesses. To learn more and request an accurate quote, please visit our office or call Foundation Financial LLC today.