Types of commercial insurance that most businesses can benefit from

Running a business inherently involves risk. Predicting all the potential issues that could harm your business is impossible, but commercial insurance provides the best possible protection. At Storey Insurance in Senatobia, MS, we offer our commercial customers personalized service and conduct a risk assessment to identify the most significant risks to their business.

Commercial Property Insurance

Commercial property insurance is crucial coverage, even if you’re renting your business space. If you own the building, it provides similar protection to home insurance. Beyond that, it covers the essentials for conducting business. This includes inventory, display units, registers, records, and office equipment for a retail business. For a factory, it covers machinery, raw materials, inventory, tools, office equipment, and more.

Commercial Liability Insurance

Each year, one in three businesses faces a lawsuit. This alarming statistic highlights the importance of commercial liability insurance. Not only could you face a judgment against you, but the legal costs could put you out of business. Commercial liability insurance helps protect you and provides the funds needed to keep your business operating if you’re sued.

Business Interruption Insurance

When a covered peril impacts your business, your income flow stops, but your bills don’t. Business interruption insurance provides the funds to pay your bills and allows your business to recover.

Contact us at Storey Insurance in Senatobia, MS, and let our team provide the choices an independent insurance agent can offer.