Don’t Put Your Business at Risk – Protect it with Commercial Insurance

None of us knows what the future may hold. Owning a business comes with inherent risks. A client could file a lawsuit, an employee could become injured on the job, or a weather event could destroy your property. Protect yourself. Our team of expert insurance agents at The Insurance Hub LLC in Wichita, KS can answer all the questions you may have regarding commercial insurance.

Here are the top reasons why it is important to protect your business:

It is the Law

The SBA requires businesses with employees to provide certain types of insurance. Failure to do so could result in fines, either criminal or civil, penalties, exclusion from public contracts, or cease and desist orders. These could cost far more than the price of insurance coverage.

Protection From Lawsuits

Your business could fold in the event of a liability claim or lawsuit. Even if you were to win a lawsuit, your business could be destroyed due to the cost of legal fees.

Employee Protection

Your most valuable asset is your employees, and they deserve to be protected. But it also protects you from potential lawsuits if an employee suffers an injury on the job.

Promotes Credibility

Business insurance shows your potential and existing clients that you are a safe company to do business with. In the event something goes wrong, you have a way to compensate them.

Covers an Act of God

An act of God is considered an event that is not caused by humans. Floods, hurricanes, fires, etc. all qualify.

Retain Employees and Attract New Ones

After salary, potential employees are seeking benefits packages that include health, life, disability, long-term care, and others. You could lose employees to a company that provides these.

Business Contracts May Require It

When entering into a business contract, it may require that you carry commercial insurance for the protection of clients.

Get Commercial Insurance Today

Don’t allow your business to remain at risk. Commercial insurance can protect your biggest asset. The professionals at The Insurance Hub LLC of Wichita, KS can answer any questions you may have. Contact us today.