Many people dream of operating their own small business, but there are a lot of challenges that go along with this responsibility. Purchasing business insurance is a great way to protect your livelihood against the myriad threats that can damage your investment as well as your reputation. If you are looking for business insurance in NJ, there are a few features you should definitely include in your policy.
Liability insurance will protect your business against any number of potential lawsuits. As our world grows more and more litigious, this is becoming an ever more crucial aspect of business insurance in NJ. Among other things, general liability insurance will cover bodily injury, property damage, false advertising, and personal injury such as slang or libel.
Commercial Auto Insurance
Just as it is important to have your own car insured, you definitely want to make sure you have coverage for all of your business’s vehicles. The vans and trucks that keep your business moving are a huge investment, and you want to make sure that they are protected in the event of an accident.
Purchasing good worker’s compensation insurance shows your employees that you care about them and appreciate the work they do for you. Don’t leave the people who work for you out in the cold if they get hurt. A worker’s compensation policy will make up for lost wages and help with medical bills if one of your employees becomes injured and cannot return to work for an extended period of time.