There are many risks that come with owning a small business. Many things can pose a danger to your company – including things you may not have considered possible. Unfortunately, far too many businesses have shut their doors due to unexpected events that led to major losses. At Harnish Insurance Group Agency, we don’t want you to be one of them. You have worked hard to build your business, now it is time to protect it.
You may have taken a risk the first time you decided to open up shop, but you will continue to take even bigger risks as you grow and operate. Small business insurance is designed to defend your business around every twist and turn, protecting you against the unforeseen and the unexpected.
Imagine you experience a major equipment failure that will take weeks to repair or replace. Your business is temporarily out of commission, and you are not generating profits. How will you pay your employees or yourself until your business is operational again?
Perhaps you own a small storefront and are struck by a winter weather storm. One of your employees forgets to replace the floor mats by the door, causing a customer to slip and fall while entering your business. Could you afford the medical bills, litigation fees and settlement costs associated with the liability?
Which Arizona Business Owner’s Policy (BOP) is for You?
Whether you are in the start-up stage, working to grow your business, or simply maintaining your company’s long-standing reputation, insurance is essential for your day-to-day operations. An Arizona Business Owner’s Policy (BOP) is an all-in-one policy that organizes your insurance coverage into one simply package. From natural disasters and on-the-job accidents to vandalism and unexpected closures, a Business Owner’s Policy has you covered.
At Harnish Insurance Group Agency, we work to customize a small business insurance package that fits the unique risks associated with your industry and specific business needs. Small business insurance doesn’t have to be complex; but it does need to be inclusive.
A typical Business Owner’s Insurance policy includes some or all of the following coverage types:
Building and Property Insurance
Protect the physical structure of your business, as well as any equipment, office furnishings and other assets against fire, theft or natural disasters.
General Liability Insurance
Mitigate your risk of liability, litigation and lawsuit associated with you, your employees, your products, or your services.
Meet the medical needs of your employees when they become ill or injured on the job.
Commercial Vehicle Insurance
Insure your company’s vehicles and drivers against accidents, liability and losses associated with a rented or owned vehicle.
Protect your business and its assets against physical damages caused by a thief, vandal, or even a disgruntled former employee.
Business Interruption Coverage
Benefit from a continued flow of capital despite experiencing an interruption in your ability to conduct business.
Employment Practices Liability
You cannot control the actions of your employees, but you can protect yourself against the associated liability. This type of coverage is typically utilized when an employee makes a discriminatory or disparaging remark about another employee.
In addition to a basic Business Owner’s Policy, our team can help you procure coverage for industry-specific risks. For example, a catering business might benefit from insurance that protects against spoilage, whereas a pizza shop might need insurance to cover delivery drivers who operate their own vehicles for business purposes. Talk with your agent to identify your own specific risks and identify gaps in your existing coverage.