Owning a business can be an incredibly rewarding experience, both financially and emotionally, but it is not without its headaches and pitfalls. The proper commercial insurance coverage can help to potentially limit the negatives and allow you to focus on the business at hand. If you are in the market for commercial insurance, would like to receive a review of your current coverage, or need to expand or contract your protection, the team at Phil Klein Insurance Group is prepared to meet all of your commercial insurance needs in the greater Birmingham and West Bloomfield, MI area.
What to Look for in Your Commercial Insurance Coverage
Commercial insurance can be an effective financial tool that protects you from many losses due to events such as the death of a business partner or other key personnel and loss of income due to a disruption to your business for which you are not at fault. The four items below represent some of the coverage types to look for:
- Business Interruption can protect you from a loss in the event that you have an interruption to your regular course of business.
- Key-Person Coverage is vital if you rely on a business partner or other team member whose death would create a negative effect on the company.
- Auto Coverage for staff on company business will provide protection even when they are driving their own vehicle.
- Loss of Income coverage may reimburse you up to a certain amount.
If you want to make sure that you have the commercial coverage that you need, please give us a call or stop by the Phil Klein Insurance Group office today. We are dedicated to meeting the comprehensive insurance needs of our clients in the greater Birmingham and West Bloomfield, MI area.