Business insurance in Harvey, Metairie and New Orleans, LA

January 2, 2017

Business insurance options and considerations

Botsay Agency can help you with reliable and effective business insurance in Harvey, Metairie and New Orleans. No business owner should be without effective commercial insurance. You won’t make money out of business insurance, but it can help save your business when things go wrong.

There are a lot of things that can go wrong when you own or manage a business. A fire could burn down your property and destroy stocks and equipment. A catastrophic event such as a fire or a flood could also interrupt your business and prevent you form erring revenue for a certain amount of time. If for example you won a hotel and it burns down, you will be out of business. The only way you can recover from that is if you have commercial insurance.

Business insurance whether in the form of a BOP (business owner’s policy) or something more custom, should include liability cover, property insurance, equipment insurance, business interruption coverage and workmen’s compensation. Depending on your business you might need additional options or a custom-tailored insurance solution. If you are a builder you will likely need some type surety or builders’ bonds. If you are a professional, you will need professional indemnity insurance. If you are a tour company, you will need passenger liability insurance as well as transport insurance.

As with all types of insurance you need to know what you are covered for and what is excluded. Exclusion could be things such as flood damage, civil unrest, earthquakes acts of war, terrorism and so on.

It is good idea to arrange your business insurance through a reputable agent or broker. That way you will get reliable and affordable business insurance that will protect your financial interests.