Commercial insurance isn’t usually a very popular conversation topic. It doesn’t help that most business owners don’t have a lot of extra time to sit down and go through their policy. So it’s no wonder that most small business owners don’t have the coverage they need to sustain their business should something go wrong. It is important to see why you likely fall into this category if you’re a business owner in Greeley, CO.
Limits and Liability
Your policy will set your coverage limits at a certain amount, after which, you’ll be responsible for additional charges. If you’re like many other business owners, you may have chosen either a lower level or a moderate plan because they fit your budget better. But the problem is that expenses tend to amount quickly when it comes to even a single insurance claim. If a customer claims that a slip and fall in your establishment led to chronic back pain for years, there’s a chance that you’ll need to cover their medical bills indefinitely. As you might imagine, this can force you to hit your limits rather quickly. The same goes for property damage. Between inventory and the physical structure of your property, it’s easier than you might think to surpass your limits.
Contact Maanen Insurance Group
Maanen Insurance Group is here to help business owners in Greeley, CO acquire the commercial insurance they need to keep their income alive in even the darkest of times. Too many business owners declare bankruptcy if they can’t cover their bills, and we don’t want to see that happen to you! To learn more about how our policies work, give us a call today. Our friendly staff is ready to answer your questions so you can feel confident and protected no matter what the future has in store for you!