How to Make the Most of Your Commercial Insurance

​There are so many options when it comes to finding the right insurance for your small business. Often, business owners make mistakes by buying the wrong policy or not purchasing the right one. Here are some tips you need to consider in order to get the right commercial insurance for you.

Ensure Coverage for the Most Important Areas
Seek help from an insurance agent and check out which are the most important aspects of your business. Then, find commercial insurance that covers these areas. Make sure that you’re not underpaying or overpaying your policy. Remember that you should pay only for the coverage that your business needs.

Protect Your Business
Take the necessary steps to keep your business safe and healthy for everyone who works. Keep everything organized, fix any damage, and clean up anything that could cause accidents. A safe and healthy place can even reduce your premium. On the other hand, a dangerous place will always take its toll on your commercial insurance policy.

Don’t Rely on Homeowners’ Insurance for Your Home-Based Business
If you’re running a home-based business just like many other millions of Americans, then your business still requires commercial insurance. Many homeowners’ insurance policies exclude coverage for home-based businesses. Always ask your insurer if you want to make sure about this.

Give Clear Instructions and Warnings
If you need to emphasize safety, then do it clearly and plainly. Never attempt to be vague when you’re giving instructions and warnings. Otherwise, people will misperceive what you say. The more directly you say things, the better you can defend yourself in case someone deliberately ignored the precautions.

Tell HR to Settle Injuries Right Away
In case one of your workers slips, falls, or breaks his arm, then let your HR manager handle the matter immediately. Commercial insurance claims will need immediate action if you want a guarantee for the claims. The same thing goes for client injuries or problems with your property. 

Some Last Words
If you’re clear on what your business needs, then you will know the coverage of your commercial insurance policy. However, it is best to make your business environment safe for both your clients and your workers. After all, you wouldn’t want to use up the coverage for things that you could have prevented.

At Kapasu Insurance Services Inc., we do our best in making sure that our clients are well-protected with affordable and comprehensive policies. We make sure to go the extra mile to help you with your needs. To learn more about how we can help you, please contact our agency at (760) 995-3853 or Click Here to request a free quote.