Commercial insurance is a necessity for business owners in Gahanna, OH. At Schneider Insurance Agency, we can insure your business and protect your company’s finances.
The following are four of the most common mistakes business owners make regarding commercial insurance.
Assuming that you don’t need cybersecurity insurance on your policy
Cybersecurity insurance is a type of commercial insurance that is easy to overlook. However, it also can be a highly valuable type of coverage.
If your company has any sensitive information stored online or on a computer network, investing in cybersecurity insurance is a good idea.
Thinking that your business is too small to need insurance
Don’t make the mistake of neglecting to invest in commercial insurance because you think that your business is too small to need it. Businesses of all sizes can benefit from commercial insurance coverage.
Being unfamiliar with laws in your state that impact commercial insurance requirements
Commercial insurance is required by law in many circumstances. You need to make sure that you’re meeting any legal obligations your company faces with the commercial insurance you carry.
You may be required to carry workers’ compensation and commercial auto insurance if you employ staff and use vehicles for business operations.
Never updating your commercial insurance policy
You need to adapt your commercial insurance policy to your business’s needs. These needs won’t stay the same indefinitely. Update your policy periodically to make sure that you have the coverage you need despite changes and growth at your company.
Reach Out To Us
If you are a business owner in Gahanna, OH, you need commercial insurance. We can insure your business at Schneider Insurance Agency. Contact us by phone or online so that you can learn more about our policy offerings.
