How commercial insurance benefits your business

Owning your own business gives you a lot of freedom, but it also comes with a lot of work and with big risks. More than half of businesses will not survive for five years. You can increase your chance of survival by making sure you anticipate as many of the hazards. At Brent Young Agency LLC in Manchester, CT,  we are independent insurance agents who bring our expertise to our business and personal customers. 

How commercial insurance benefits your business

Business interruption insurance

Things happen and not all of them are good. If your business is shut down by a covered risk, you will be able to survive much more easily if you have this type of insurance. When your business is not generating any income, your expenses won’t change. You still need to meet the payroll, pay bills, and rent. If you have business interruption insurance, you will have the money you need to survive until your business is back up and running again. 

Commercial property insurance

When a disaster hits your business, your means of earning an income may be lost and you need it replaced as quickly as possible. If you have a lot of extra cash in your business, then you will be able to replace your equipment and repair the building if you own it. If like most businesses, you don’t have a pile of cash hanging around, commercial property insurance can provide the money you need to replace your equipment, electronics, tools, machinery, inventory, and much more. 

Commercial liability insurance

Protecting yourself from legal actions against you is a big benefit. Businesses are at great risk of being sued and finding themselves with a judgment against them. It really is a lifesaver to have this insurance. 

Give Brent Young Agency LLC in Manchester, CT a call to make an appointment to discuss your commercial insurance needs.