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As a business owner, you need the same kinds of insurance coverages for the car you use in your business as you do for a car used for personal travel liability, collision and comprehensive, medical payments (known as personal injury protection in some states) and coverage for uninsured motorists. In fact, many business people use the same vehicle for both business and pleasure. COMMERCIAL INSURANCE SAINT CHARLES MO is here to inform you that if the vehicle is owned by the business, make sure the name of the business appears on the policy as the “principal insured” rather than your name. This will avoid possible confusion in the event that you need to file a claim or a claim is filed against you.
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Business & Commercial Insurance Information Commercial Auto As a business owner, you need the same kinds of insurance coverages for the car you use in your business as you do for a car used for personal travel liability, collision and comprehensive, medical payments (known as personal injury protection in some states) and coverage for uninsured motorists. In fact, many business people use the same vehicle for both business and pleasure. COMMERCIAL INSURANCE SAINT CHARLES MO is here to inform you that if the vehicle is owned by the business, make sure the name of the business appears on the policy as the “principal insured” rather than your name. This will avoid possible confusion in the event that you need to file a claim or a claim is filed against you. Wyour business, who will be driving them and whether employees, if you have them, are likely to be driving their own cars for your business. While the major coverages are the sahether you need to buy a business auto insurance policy will depend on the kind of driving you do. A good insurance agent will ask you many details about how you use vehicles in me, a business auto policy differs from a personal auto policy in many technical respects. Ask your insurance agent to explain all the differences and options. General Liability If you have a personal umbrella liability policy, there’s generally an exclusion for business- related liability. Make sure you have sufficient auto liability coverage. Unfortunately for every business owner, the chances of getting sued have dramatically increased in the last decade. COMMERCIAL INSURANCE SAINT CHARLES MO will guide you that howGeneral Liability insurance can prevent a legal suit from turning into a financial disaster by providing financial protection in case your business is ever sued or held legally responsible for some injury or damage. General Liability pays losses arising from real or alleged bodily
injury, property damage, or personal injury on your business premises or arising from your operations. Workers Compensation According to COMMERCIAL INSURANCE SAINT CHARLES MO Workers compensation laws were created to ensure that employees who are injured on the job are provided with fixed monetary awards. This eliminates the need for litigation and creates an easier process for the employee. It also helps control the financial risks for employers since many states limit the amount an injured employee can recover from an employer. Workers Compensation Insurance is designed to help companies pay these benefits. As a protection for employees, most states require that employers carry some form of Workers Compensation Insurance. Workers Compensation Insurance Saint Charles MO is not health insurance. Workers Compensation is designed specifically for injuries sustained on the job. In most states, if you have employees, you are required to carry Workers Compensation coverage. Even in non-mandatory states, it can be a very good idea, particularly if you have many employees, or if they are engaged in hazardous activities.
