Business Insurance in Asheville NC is insurance that complies with North Carolina law and is designed to protect your business assets from a variety of losses, as well as to help you when your business could be liable for damages to someone else.
What Is Business Insurance?
Business insurance is any type of insurance that protects your business. Business insurance may protect you against losses, such as insurance that protects you against loss of your commercial vehicles, protects your property, or protects you when you may be liable to another.
What Are The Types of Business Insurance?
- There are several different types of business insurance. They include general liability insurance; commercial auto insurance; trucking/fleet insurance; business owner policy; and workers’ compensation insurance. A good insurance agent can help you determine which types of insurance your business needs.
- General liability insurance is insurance designed to protect a business’s customers. It covers damages to a customer and a customer’s property, as well as providing protection so business owners if they are sued for those damages.
- Commercial auto insurance works like personal auto insurance, except that it covers damages to automobiles used for business purposes, as well as covering costs related to auto accidents in those commercial vehicles.
- Trucking or fleet insurance is similar to commercial auto insurance policies but is designed to cover multiple vehicles owned by the same business. Just like regular auto insurance, fleet insurance comes in different levels of coverage.
- A business owner policy is not a special type of insurance policy but just refers to a bundle of the different types of insurance that a business owner may need. The types of insurance included in a business owner policy vary depending on the type of business involved.
- Workers’ comp insurance is a very specific type of insurance that is designed to substitute for liability insurance in the event of employee injuries. Workers’ comp provides employees with lost wages and medical benefits if their injuries are covered.
Adams & Brown Insurance Agency Inc.
Not sure what type of coverage your business needs? An insurance professional can analyze your business and help you see where you are vulnerable. Find out more about Business Insurance in Asheville NC by visiting Adams & Brown Insurance Agency Inc. at visit us website to find out more.
