Commercial Insurance

Commercial insurance may be mandatory for businesses within Pennsylvania. Still, it will also be essential to establishing a successful company, as this will be critical in preventing financial losses when disasters occur. Below, The K V Agency breaks down policies to consider getting for your company.

Property Insurance

Property insurance covers losses from perils such as fire, theft, vandalism, and hail. If your business premise suffers damage from these disasters and your company incurs expenses for their repairs, this policy will compensate you for the costs. It will also cover content such as inventory, furniture, and equipment.

General Liability Insurance

Accidents may occur at any time, resulting in significant expenses. If 3rd parties, such as customers, are hurt due to negligence or their property gets destroyed, liability insurance will cover the resulting expenses. It will also cover the legal fees and the damages from your court proceedings when your company is sued.

Auto Insurance

Auto insurance protects vehicles owned by the company. This makes it possible to cover injuries and damage from auto accidents, helping you keep your costs to a minimum. Vehicles used to transport your goods and ferry workers to and from work will often fall under this category, allowing you to keep you and your workers safe.

Professional Liability Insurance

This policy, also called malpractice insurance, will be useful for businesses offering expertise-based services. These include audit firms, legal consultancies, and accounting and insurance firms. If errors result in losses or injuries, the resulting damages are covered by this policy, allowing you to cover the damages and legal fees if you are sued.

Workers' Compensation

Workers' compensation covers employee injuries arising during employment. This takes care of ambulance fees, x-ray costs, and consultation expenses. It will also be ideal when your workers incur long-term care costs such as disability care, legal costs, and loss of wages when injuries are significant.

If you need guidance to figure out the ideal cover for your Pennsylvania business, Kiem Agency is the partner you need. Contact our agents today to help you create customized policies for peace of mind and year-round protection.