Regardless of what type of business you have, all Oklahoma business owners need to have commercial insurance coverage. This kind of policy often includes several different types of coverage, and it can be tailored for the needs of your company as it changes and grows. Most commercial policies in Oklahoma include the following kinds of coverage.
This coverage is important for any business owner, as lenders normally require it. General liability insurance covers litigation and claims that may be filed against the business. If a person files a claim or a lawsuit and gets a financial award, this insurance will take on the responsibility of making that payment.
Property insurance for a commercial policy will include coverage for the business property and most building contents. This may include the majority of the equipment owned by the business, but it is important that the policy holder discusses exact policy limits to be sure that they are purchasing enough coverage.
Workers compensation insurance is required for businesses who employ at least one person. If an employee is injured during the course of their duties, they will receive the money needed to seek proper care and rehabilitation through this type of insurance. Even though it is generally quite inexpensive for a business to maintain this kind of coverage, it can pay off in a big way. Even a single injury could be devastating for a small business, and this kind of coverage prevents financial disaster.
If you're a small, medium, or even big business owner in Oklahoma, you need to have the coverage that your company deserves. The agents at Aarvin Insurance Services are here to help you find the perfect commercial insurance policy for your business today - at a price you can afford!