Insurance for Small Business

If you are a small business owner, you know that insurance coverage is a major concern. Your business is more than just your livelihood  You have put countless hours of blood, sweat, tears, and dollars into making your passion a success. But, do you have all of your hard work covered by insurance? K.L. Owens and Associates Inc. wants you to know about the essential insurance you should have to keep you and your small business protected.Small Business Insurance

  • General Liability – Covers you for both defense and damages if you, your employees, or products cause or are accused of causing Bodily Injury or Property Damage to a third party.
  • Property Insurance – This policy will protect your property in the case of fre, vandalism, theft, smoke damage, etc.
  • Business Owner’s Policy – These policies cover everything that a business owner may need. Business interruption insurance, property insurance, vehicle coverage, liability insurance, and crime insurance. These will typically save you money as bundled services and can be tailored to suit your needs.
  • Commercial Auto Insurance – This will protect all of the vehicles and drivers in your company. Can cover both damage and collisions.
  • Workers Comp – Provides wage replacement and medical benefits to employees that are injured on the job.
  • Professional Liability – Also known as Errors and Omissions. This will provide coverage and defense for damages due to failure or improperly performed professional services.
  • Directors and Officers Insurance – Covers costs or damages lost during a lawsuit upon directors or officers of a company in the event that they find themselves in a legal situation.
  • Data Breach – If your company stores electronic information or paper files and some of that information is lost, this insurance covers the loss.
  • Homeowner’s Insurance – Covers your home and its contents against damages. It can also protect you from accidents that may happen at your home. One of the most important policies you can have.
  • Life Insurance – This insurances pays out benefits to the beneficiary once the protected has passed away. It alleviates the financial burdens that death can leave behind.
  • Personal Auto Insurance – Protects the driver against liability of an at fault accident, and will cover both bodily injury and physical damage resulting from a crash.
  • Personal Umbrella Insurance – This is an additional insurance policy that covers beyond your normal policies. It comes in increments of $1 million and is used when liability on other policies has been exhausted.

These are just some of the many types of insurance policies that business owners can get to cover all of their property and other liabilities  K. L. Owens and Associates Inc. provides most of these insurance policies, and we understand the needs of small business owners. Call us today to see what we can do for you!


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