Paul Burrage, Inc. --- Licata, Hayes & Co. --- Press, Bateman & Turner --- Independent Insurance Agents
Guide to Business Insurance
Whether you are starting a new business or have owned a business for many years, commercial insurance can be one of the most important financial investments you make in the life of your company. Operating a business is challenging, even without having to worry about suffering significant unforeseen financial loss. Commercial insurance can protect you from some of the most common losses experienced by business owners - losses such as property damage, business interruption, theft, liability, and worker injury. Purchasing the appropriate commercial insurance coverage can make the difference between going out of business after a severe loss or recovering with minimal business interruption and financial impairment.
Depending on the individual risk characteristics of your business, an agent will usually be able to provide you with different coverage options. An agentís proposal is just that, a proposal. When all is said and done it is your responsibility to make an informed decision and choose the insurance that best fits your business plan. The relationship that you build with an agent is extremely valuable in this critical decision making process. An experienced agent has dealt with hundreds of businesses similar to yours. Since commercial insurance can be complicated, you should feel free to discuss any terms, conditions, or concepts that are unclear to you with your agent. It is part of an agentís service to answer your questions and help you understand the insurance you are purchasing.
Source : Massachusetts Division of Insurance Small Business Guide to Commercial Insurance www.mass.gov\doi