Business Insurance Frequently Asked Questions

Starting a business is no small feat. You’ve created a product, a business plan and are ready to begin operations; you’re ready to go right? Not quite yet. Insurance isn’t always the first thing that business owners think about when they begin, but it really should be. There are many questions new business owners have about business insurance, and we’d like to answer a few for you now.

Q:What is general liability insurance?

A: For a business, general liability covers a broad range of circumstances you may find yourself in. Most businesses will find comfort in an umbrella policy, but some businesses require additional coverage.

Q:Will it pay for a lawyer?

A: Depending on your coverage, it will. In the event your business is sued, general liability insurance covers the cost of your lawyer as well as other responsibilities a court decides.

Q:Is general liability a standard policy for every business?

A: No, depending on your business your insurance agent will be able to craft a policy specific to your operation.

Q:Is auto liability included in an umbrella general liability policy?

A: No, commercial auto insurance is a separate policy that your insurance agent can also help you tailor to the needs of your business.

Don’t start a new business without thinking about insurance first. There are so many more questions to be answered about business insurance. If you’re not sure where to start, contact your agent at Wayne Anthony Insurance. They’ll get you on the path that leads to success.