Why Business Insurance Is Essential for Startups and Small Businesses

Every business faces the chance of property loss, customer claims or employee injuries. Without the right insurance, these issues can strain cash flow or halt operations. Garlesky Insurance Agency offers business insurance options to help Ohio entrepreneurs and small business owners manage risk and stay focused on running and growing their companies.

Key Types of Coverage for Businesses

Our team can help clients review a range of business insurance options that can fit different needs. These may include:

• General liability insurance may apply to claims of third-party bodily injury or property damage caused by business operations.
• Property insurance may cover damage to buildings, equipment or inventory from events such as fire, theft or storms.
• Workers’ compensation insurance is required for most businesses with employees and may help with medical costs and lost wages if an employee is injured on the job.
• Professional liability insurance may assist with claims of errors or negligence in the services a business provides.
• Business interruption insurance may help cover lost income and operating expenses if a business is temporarily unable to operate due to a covered event.

When Startups and Small Businesses May Need Coverage

The right time to consider business insurance can vary, but coverage may be essential when you:

• Sign a lease that requires certain types of insurance
• Hire your first employee
• Purchase equipment, tools or inventory
• Start working directly with customers or clients
• Enter contracts that include insurance or liability requirements

Secure a Policy Today

Garlesky Insurance Agency helps local startups and small businesses identify their risks and find coverage that fits their goals and budget. Contact us now to learn more and get a no-obligation quote.

This blog is intended for informational and educational use only. It is not exhaustive and should not be construed as legal advice. Please contact your insurance professional for further information.