BUSINESS & COMMERCIAL INSURANCE:
FROM KEEPING YOUR DOORS OPEN TO PROTECTING YOUR PROFITABILITY
Operating a business isn’t as easy as you thought it would be. We know because we operate one ourselves. And one of your biggest challenges is risk. You need to identify risk and then decide how you want to manage it. The right insurance can help you lower risk to acceptable levels at acceptable costs. It can also provide protection and cash flow to overcome unforeseen events and employee issues.
Did you know the median costs for a business lawsuit start at $54,000 for a liability suit, and can reach around $91,000 for the median contract dispute?1
A well thought out plan can save you money in the long run. Large companies employ full-time risk managers to keep their risk-taking to a minimum. But chances are that as a small-business operator in Connecticut, you are your company’s risk manager, along with its personnel director, office manager and possibly the entire staff all rolled into one.
Commercial auto insurance can be confusing.
Who owns the car? What are its main uses? Do commercial and personal uses overlap? While the coverages may sound similar, they’re not the same. And neither is what’s at risk – a tragic mishap could mean you lose your business. You need to begin with a sound plan of understanding.
Mistakes happen. Systems fail. People try to beat the system.
There are scores of reasons people can try to hold your business liable for a real or imagined loss. And when people lose, they want compensation. We need to work to ensure the compensation is covered.
Workers Compensation protection is a two-way street.
It ensures employees receive compensation for legitimate workplace injuries. It also protects employers from claims and expensive litigation.