Longview Washington Business Directory Blog

Longview Washington Commercial Insurance Info

Commercial Insurance or commonly called Business Insurance  

Commercial or Business Insurance in Kelso and the Longview Washington area is not hard to obtain. Your Insurance Agent who supply’s your Home Insurance or Auto Insurance usually can advise and obtain a quote for you. As a owner of a Commercial enterprise or small Business, you have several options for purchasing a Commercial Insurance Policy.

Riders and Endorsements, If you operate your Business out of your home or if your Business is small, you can possibly just add a endorsement or Rider to your existing Home Insurance Policy. For example a home office that does website work or marketing such as we do can put a endorsement on our Homeowners Policy. This a option that your Insurance Agent has the information for as all Insurance Companies have their own Policies on such Riders.

Commercial or Business Insurance Options

• Securing a Separate Commercial Insurance Policy, The small Business Owner or Shopkeeper can purchase Commercial Coverage in separate Policies to cover the needs of the specific nature of Business it may be doing. You may buy the different types of Insurance from different Insurance Agents, but usually if you feel comfortable with your present Insurance Agent they can write you Policies that address all the Liability you may incur.

Types of Commercial Insurance Available

1. Business Property Coverage,The buildings and property that your Business is operating in needs to be covered if owned by you or not. The fixtures and equipment with in the property can be covered against, fire, theft, vandalism, and other natural disasters. Earthquake and Flood Damage are usually written as a separate Policy. See http://longviewbiz.com/blog/2008/08/guide-to-homeowner-insurance-in-longview-washington/ for more information on Flood Insurance and Homeowner Insurance. In Longview and Kelso Washington we don’t need to worry about Earthquake Insurance too much, so I wont go into depth on that subject but feel free to talk to your Insurance Agent about any concerns you may have.
2. Business Interruption Insurance, If the case ever arises when a fire or other loss interrupts, or makes you close your Business until the issue is rectified, this Insurance Policy will pay your fixed expenses. This would include payroll, rent or mortgage, or other ongoing expenses you may have until you reopen your Business.
3. Commercial Auto Insurance, Most Auto Insurance Policies do not cover Business operations in that vehicle. Meaning if you use your personal car to do business errands it may not be covered under your Auto Insurance Policy in the event of a accident or other issue. Check with your Insurance Agent concerning this matter as it is a serious issue.
4. Business Liability Insurance, This type of Commercial Insurance covers any legal fees that may incur should someone make a claim against you for injury, or property loss. This would cover you in the event any work you did causes any damage to property or persons and there is a claim a claim of loss against you.
5. Professional Liability Insurance, This Insurance Policy covers you in the event of a negligence claim against you. It is sometimes referred to as Malpractice Insurance, or Errors and Omissions Insurance. Lawyers, Doctors, professionals and even Insurance Agents and Brokers need this type of insurance.
6. Employee Benefits Packages, Insurance options for employees can make your workplace a environment that keeps your good employees from looking elsewhere for work. Most employee benefits plans must meet the Employee Retirement Income Act of 1974. Before you instill or layout a employee benefit package refer to the Labor Employee Benefits Administrations website at http://www.dol.gov/ebsa/ These links can be very useful to guide you in the right direction as to the law here in Longview Washingtonof nationwide. Another terrific Website in Washington State is the Insurance Commissioner of the state of Washington.  This site has good information for Commercial or Business Insurance for reducing your liability in Longview Washington or any other city in Washington.

          Washington State Insurance Commissioner http://www.insurance.wa.gov/

          Commercial Insurance Washington State with pollution as a concern website

           http://www.plia.wa.gov/ust/reinsurance.htm

As a Business owner in Longview Washington, I was concerned about Commercial Insurance for our Business, Hence this Post. It is not meant to be definitive, rather enlightening. Any Insurance Agent that has more to add feel free to post a comment to this Blog.