Insurance Education

Natural disasters and emergencies can happen at any time, causing business disruptions. Proper planning now means you'll be better able to handle the aftermath of any emergency. In addition to planning for evacuations, lock downs, and other emergency-response activities, examining the state of readiness of your insurance coverage is also necessary. The right small business insurance can speed up recovery from a potential Springfield area disaster.

Your contracting business can involve many types of risk that necessitate insurance coverage. Contractors face potential liability for the work of employees, as well as the work of engineers and architects involved in their project. You also need coverage if the client’s property is damaged, as well as insurance for your commercial vehicles and your equipment. Contractors in Springfield should work with an agency that specializes in contractors insurance to get adequate policy coverage.

Operating an auto dealership involves several types of risk. As a result, you need to protect your dealership with several important coverages. Policies like floor plan insurance are crucial for your inventory. General liability coverage offers protection for accidents that may occur on the premise. Similarly, property and theft insurance protect repair shops. Make sure to work with Springfield insurance experts to determine the right insurance coverage for your dealership. 

It’s your first new car, and you want to protect it. Liability insurance, which protects you and other people on the road, offers the greatest protection when working with Springfield insurance experts. You may also want to obtain collision and comprehensive coverage, which will help you ensure that your vehicle receives the repairs it needs after an accident.

Almost all Springfield businesses must invest in assets to operate a business. To keep your business running, you need to protect your assets from damage or theft. Proper small business insurance coverage can help you stay in business and serve customers. 

A benefit of being a smaller business in Springfield is that you can keep many of your costs low until you expand and have more cash available. At first glance, it might seem like you can keep your small business insurance costs down by choosing policies with low cover limits or even passing on some forms of cover altogether. When it comes to liability insurance, however, your needs may not be proportional to the size of your business.

Life can be hectic, and you're bound to have times when you'll need to borrow a car or drive someone else's car. When these situations come up, you should consider a short-term car insurance policy.

While contractor insurance is often sold as a standard package, it's anything but standard. Due to the sheer diversity of the risks covered by such policies, it's well worth finding an insurer who takes the time to create a custom package that fits the needs of your Springfield business.

The freedom of running your own business from home is an attractive option that more and more people in Springfield are choosing every day. One thing that can be easily overlooked is the need to consider small business insurance -- and the consequences that working from home can have for your household insurance.

It's often said that the real value of a business lies in its staff, and with a small Springfield company, that can be particularly true. Key person insurance (also known as key man insurance) is a form of small business insurance designed to cover the financial effects resulting from the death of a key employee.