Commercial Insurance

Small business plays an important role in the economy of Ohio, Indiana, and Michigan. In each State, small businesses make up a little above 90% of all employers in each state. There are over 124,000 small companies in the State of Ohio, Indiana, and Michigan. Therefore, if you operate a business, you need to understand how important commercial insurance is. It helps protect you as a business owner, your company, and employees working for you. Choosing the right commercial insurance policy is not the easiest task, and to help you make the right choice, Direction Insurance LLC prepared a list of things you should know:

• A policy covers a wide variety of things. Property damage (the damage caused to either the commercial property of the business or the property of a third party), bodily injury (if someone is injured at the place of your business or an employee causes an injury, it will be covered), personal injury (false arrest, invasion of property, wrongful eviction, and others), advertising injuries (protects a business owner against claims of invasion of privacy, stolen ideas, libel, and others), legal defense (covers the costs of an attorney if you are sued, as well as court fees).
• Commercial insurance is not mandatory for businesses operating in the State of Ohio, Indiana, and Michigan.
• Most businesses in Ohio, Indiana, and Michigan have to carry workers’ compensation – the type of insurance that provides employees with protection against illnesses and workplace injuries.
• The cost of commercial insurance depends on certain factors, such as the services and products the company sells, the claims history, how long the company has been in business, and the number of employees.

If you are a responsible business owner operating a business in the State of Ohio, Indiana, and Michigan, you probably want to do all you can to protect your company and employees. Commercial insurance is the best and most effective way to do that. Direction Insurance LLC is a team of professionals who will help you find a perfect policy for you. Do not hesitate to visit our office or give us a call for more information.