Commercial Insurance in Pennsylvania
Business owners in Pennsylvania wear many hats. Juggling the different responsibilities of business ownership can get overwhelming, but the H. Dean Allison Insurance team is here to help. We provide commercial insurance services to business owners in Altoona, PA, and the surrounding areas. Keep reading to learn more about this important insurance product.
What Is Commercial Insurance?
Commercial insurance is a specially designed insurance product that can help business owners streamline the many types of coverage they need to run their business smoothly.
What Does Commercial Insurance Cover?
Your commercial insurance policy can be customized to suit your particular needs, but generally, a policy will provide coverage in the following areas.
- Property damage- If your business operates out of a brick-and-mortar location, you will need coverage for the property, buildings, and equipment. The insurance policy will help pay for repairs or replacement if any of these are damaged or lost.
- Auto coverage- If you use vehicles to run your business, you will need proper auto insurance in place for both the vehicles and the drivers.
- Liability- Liability coverage is essential for business owners because they are in a special risk category. If someone is injured at your business or because of your goods or services, you could be held personally liable for medical bills and legal fees that could result. This could be a harsh financial blow to your business. Liability coverage will help pay for these types of expenses should the need arise.
- Worker compensation coverage- Most states require that employers carry workers' compensation coverage for their employees. This type of coverage will pay for an employee's medical expenses if they are injured at work or while performing their job. This is an important type of benefit you can provide to your staff.
If you want to learn more about commercial insurance, please get in touch with us at H. Dean Allison Insurance, serving Altoona, PA, and the surrounding areas.