Business insurance to protect your company
You need business insurance to protect your financial interest and investment in your company or concern. Benjamin Hirsch Insurance can help you with the right business cover in Brooklyn, Monroe NY, Newburgh, Spring Valley NY or Westchester NY.
With the right business insurance, you can have peace of mind knowing you are covered should the unexpected happen. Business insurance, also referred to as commercial insurance, will prevent you from losing everything should some disaster or calamity strike.
There are many risks and many areas of coverage that need be dealt with in your business cover. There are standard risks such as fire, theft, vandalism, business interruption, 3rd party claims and property damage or loss. These risks are covered in a BOP (Business Owners Policy).
However, a BOP does not cover everything and there are still many gaps that need to filled. Some of these include flood damage, commercial auto, professional liability, workmen’s compensation, health and any special or custom coverage requirements.
All businesses face similar risks such as fire, theft and 3rd party claims. These common risks are often dealt with in BOP. A BOP is designed to meet basic commercial insurance requirements of small and medium businesses. However, you will need additional coverage and if you may also need custom insurance.
There are common risks and there are specific risks. For example, if you are a medical professional you face similar risks to a builder, but you also have specific risks related to your field, business or industry. If you are a builder you many need builder’s bonds and sureties. If you are a doctor, you will need professional liability or indemnity.
Benjamin Hirsch Insurance will design the right commercial or business insurance solution for you. That way you will still be in business after some disaster or unfortunate event.