THURSDAY, MARCH 16, 2023
Often when people think of insurance, they imagine fires or theft causing tangible losses. But businesses have much more to worry about than physical property, which is why even online businesses need to have a business insurance policy for full protection. Let’s take a look at some common policies held by online companies.
Property Insurance
Even without a brick-and-mortar storefront, online businesses still have a lot of property. You may own a warehouse and/or office and specialty equipment; not to mention, all of your inventory needs protecting as well. Property insurance can be custom-tailored to cover your business’ needs.
General Liability Insurance
In today’s litigious society, it’s not uncommon for customers to sue businesses. And just one nasty lawsuit can deplete your business’ funds. General liability insurance can protect your business’ finances in the event that your business is held liable for any third party injuries or damages that occur on premises or as a result of your products.
Cyber Liability Insurance
Since your online business relies on technology, it’s extremely important to protect your company from hackers, cyber breaches, lost/corrupted data and more. Cyber liability insurance can help cover damages, including brand image after a major data breach. This policy should be purchased in addition to general liability insurance, as they cover different events.
Want to learn more about protecting your online business? Contact your independent insurance agent for information and a free quote.
Get the protection you need. Call Stewart Kriese Insurance Agency for more information on Rolling Meadows business insurance.
No Comments
Post a Comment |
|
Required
|
|
Required (Not Displayed)
|
|
Required
|
All comments are moderated and stripped of HTML.
|
|
|
|
|
|
NOTICE: This blog and website are made available by the publisher for educational and informational purposes only.
It is not be used as a substitute for competent insurance, legal, or tax advice from a licensed professional
in your state. By using this blog site you understand that there is no broker client relationship between
you and the blog and website publisher.
|