For business owners in the state of Connecticut, CT insurance is the first line of defense when there are issues that could result in major losses. Companies should be aware that there are special programs with pricing and coverages tailored to every sector of business, such as contractors, wholesalers, machine shops, retailers, offices, light manufacturing, restaurants, florists, auto repair garages, and many other business models.
A full line of coverages can be purchased, and different types of companies have different risks and exposures that they need to consider, but most can benefit from such packaged policies, which can include worker’s compensation, commercial vehicle coverage, and umbrella liability, all of which are readily available.
General Liability insurance is the cornerstone of any protection plan
This is one of the most all-encompassing policies on the market today, and for a very good reason. It provides coverage for liability issues resulting from personal and advertising injury, which includes medical expenses. Although many Business Owner Policies (BOP) usually include liability coverage, it is often not quite enough to cover the costs that can come with many severe liability issues.
Accidents are an unfortunate part of doing business on a regular basis, and many incidents stemming from on-site mishaps, as well as any injuries or damages incurred as a result of using goods or services sold on-premises, are addressed by a general liability insurance policy. Connecticut and Rhode Island general liability coverage can be designed to cover supplemental payments for attorney fees, court costs and other expenses associated with a claim or the defense of a liability suit.
Small businesses deserve the same protection
A common misconception of general liability insurance is that it is only really necessary for those who own a multi-million dollar company, but nothing could be further from the truth. All businesses should have general liability insurance, because this is a huge investment and it should be protected from the damages relating to liability issues.
Speak to an insurance agent that can create a customized policy that includes different types and amounts of coverage. The following coverage is often included in a Connecticut general liability insurance policy and provides protection to the business’ property from fire, theft, and vandalism, as well as claims due to bodily injury, property damage, and negligence. Purchasing CT insurance services and products can provide some much-needed comfort and peace of mind.