As a small business owner in New Jersey, you are already well aware of all the work it requires to be successful. Even the most conscientious owner can’t anticipate all the things that can happen that endanger the health of your business. That is where commercial insurance becomes an integral part of your small business plan. It offers you the safety net you need to concentrate on the things you have control over and not stress about those you can’t control. At Modern Benefits LLC, we work with our customers to create a commercial insurance policy that gives you just the insurance you need.
Commercial insurance is not just one policy. It is several policies that are bundled together to fit your needs. Every small business has different vulnerabilities, and covering those are what is important to you.
Whether you are the building owner or a renter, you need to carry property insurance. If you rent, the landlord will be responsible for the physical structure, but there is so much more to your business than the building and where it is located. You have inventory, raw materials, machinery, office equipment, and more. If they are lost to a covered hazard, you need to be able to get up and running in a reasonable amount of time.
Commercial auto insurance
If your company has even one vehicle that is used for business, you should have a commercial auto insurance policy. Keeping your personal vehicle separate from your business is a smart financial idea.
Commercial liability insurance
So many things can happen that result in legal action against you, your business, and your products. A judgment against you can devastate your business, and you may not be able to survive the financial hit
You may need other types of commercial insurance, depending on your business. In New Jersey, Modern Benefits LLC has a team of experts who will help you put together the perfect package. Give us a call or stop by for a no-obligation quote.