Insurance Centers of America INC - The Best Insurance for You

2055 Anglo Drive Suite #200 Colorado Springs, CO 80918
719-528-5400 | 1-888-227-1910 (Toll Free)




CONTACT US
-GENERAL QUOTE

INSURANCE CENTERS OF AMERICA INC.
2055 Anglo Drive Suite #200 Colorado Springs, CO 80918
719-528-5400
1-888-227-1910 (Toll Free)

2055 Anglo Drive Suite #200 Colorado Springs, CO 80918
719-528-5400 | 
1-888-227-1910 (Toll Free)

INSURANCE TIPS WITH SAM!

INSURANCE TIPS WITH SAM!

 

COMMERCIAL INSURANCE

WHY YOU NEED IT AS A BUSINESS OWNER

 

By Samantha Beaudette
Commercial Lines Account Manager

Insurance is probably the last thing that anyone wants to think about or have to deal with, I get it and I’m an agent. However, despite the annoyance of it all I understand the necessity of it for business owners.

 

For example, say you’re the owner of a local bar and one night someone gets pretty banged up, because they slipped and fell while on the premises. This individual ends up having some pretty hefty medical bills, because of that slip and fall. However, they don’t want to have to pay them and said individual is claiming the floor was wet and that’s what caused them to fall. So an attorney gets hired to represent them and pursue compensation for the injuries sustained while at your bar.

Thankfully, you have General Liability coverage in place and call the claim into your agent. The insurance company then takes over and asks for proof of injury, etc. Once it’s “proven” that your customer slipped and fell at your bar the insurance company will then determine what to pay out on the loss/claim.

 

Here are a couple additional reasons why commercial insurance is important:

  1. Payment hold up – The last thing you want to hear after finishing a job is, “Well, we can’t pay you till you provide us with proof of insurance”. No insurance, no payment.
  2. Full legal and financial responsibility for any accidental damage done resulting from your work. As long as it’s a covered loss, your commercial insurance is a safe guard, of sorts, for you as a business owner.

 

When you’re starting a new business insurance isn’t necessarily the first thing you’ll think about, but it’s much need to protect your business assets. Don’t jeopardize everything you’ve worked so hard for by not getting properly and adequately insured.


CLICK HERE TO LEARN MORE ABOUT COMMERCIAL INSURANCE!

 

-CONTACT US

OUR LOCATION

2055 Anglo Drive Suite #200 Colorado Springs, CO 80918  719-528-5400 | 1-888-227-1910

COPYRIGHT 2018 INSURANCE CENTERS OF AMERICA INC.

2055 Anglo Drive Suite #200 Colorado Springs, CO 80918
719-528-5400 | 1-888-227-1910 (Toll Free)
COPYRIGHT 2018 INSURANCE CENTERS OF AMERICA INC.