While we often like to think that our businesses will be the exception, the truth is that thousands of businesses of all types and sizes undergo life-changing hardships each year. This is why business owners in the Albany, NY area who take themselves and their work seriously should be properly insured.
If you’re like many business owners, you’ve probably already considered events like fires, flooding and other outside acts that could damage your business. What about events that you could be deemed liable for. Incidents such as these could result in costly lawsuits, and unfortunately, they sometimes cannot be avoided. These incidents could include (but are not limited to) injury to either staff members or non-employees, damage to someone’s reputation or rights, property damage, advertising incidents, and legal costs. At NY Twin Bridges Insurance Agency, we evaluate the specific needs and potential legal difficulties of all businesses in order to find the commercial liability policy that is the best fit.
In the Empire State, Commercial Insurance goes by a few different names: Commercial Liability Insurance, Business Liability Insurance, General Liability Insurance, etc. In a nutshell, this form of coverage helps to prevent you and your business from going bankrupt in the event of a costly incident. After all, New York State has a lot of policies that help business owners, but unfortunately, our state government also has quite a few that make it relatively easy for people to file suit against a business.
Certain coverage amounts are recommended for businesses of different sizes, and it’s worth mentioning now that New York State defines any business under 500 employees as a small business. As a small business, you will, of course, have different coverage needs and concerns than large corporations.
When you’re ready, it’s time to take the next step. Serving those in the Albany, NY area and beyond, NY Twin Bridges Insurance Agency is here to help. Our experts will listen to your needs and help you find the perfect commercial insurance policy to cover your business.