Commercial insurance is essential to any type of business in the Dallas, GA area. However, it can be especially important to small businesses. Most small businesses are barely making it. As such, a loss can be catastrophic. The right policy will cover your small business, ensuring you don’t go under because of something out of your control. Here are three tips you need to know when obtaining commercial insurance.
Determine What Coverage You Need
Commercial insurance can include many different things like coverage for theft, property damage, interruption of business, and loss of employees due to injury. If you are a small business, you may not need all of these coverage types. For example, if you do not have any employees, that may be a moot point. Always determine what coverage you need so you are not paying more for coverage you do not need.
Select the Right Coverage Amount
The next tip is to select the right coverage amount. You don’t want to undervalue your store and belongings or you can be in the hole if something happens. Likewise, you don’t want to overvalue them or you are paying for more insurance than you need. 1 Source Insurance can help you select the right coverage amount.
Carefully Pick a Deductible
Lastly, carefully pick a deductible amount. Selecting a high deductible can save you money, but it does you no good if you don’t have the money to pay your deductible if something happens.
Do you need to purchase commercial insurance? Then let 1 Source Insurance, serving the greater Dallas, GA area, help. We offer a wide array of insurance services and can help you find the best policy for your needs. Give us a call today for a quote or to schedule a meeting to discuss your insurance needs.