Workers Compensation insurance is the only required commercial insurance for businesses within the state of Connecticut. That leaves liability insurance up to the business owner. At ALLConnecticut Insurance, we strongly recommend that business owners consider the potential risk to their commercial property and how that can impact their personal assets as well. This is especially true for construction businesses or for those who work regularly with the public. Liability insurance is available at a variety of levels to meet the needs of your business. Some kinds of coverage include:
- Bodily injury
- Personal injury
- Property damage including data loss
- Professional liability, also known as errors and omissions insurance
One common mistake we see among West Hartford, CT business owners is the notion that general liability will cover their own damages in the event of any kind of incident. The fact is, general liability will cover the damages to another party, but not to the business owner themselves. Making sure that such damages are covered is pretty important. Business Owner Policies (or BOP’s) are the extension of coverage to include damages the business owner incurs as a result of an accident or another event. Here at AllConnecticut Insurance, we can help business owners understand these differences. Business owners can then protect their revenue and assets so that they can continue to build success in their commercial endeavors.
Our agents have access to the latest policies and can assist you in finding the insurance that will protect your business and assets. We’d be happy to sit down with commercial owners throughout the West Hartford, CT area to discuss coverage options. We’ll help you sign up and you can have the peace of mind that will let you focus on your business. Contact us today.