Why You Need a Small Business Insurance Policy
As a small business owner in High Point, NC, you no doubt have a lot to contend with on a daily basis. In this case, ensuring you remain protected from liability is of the utmost importance, which is exactly what small business insurance affords. Phillip Kent Beck Agency can help both individuals and business owners find the insurance products they need to protect what matters most. When it comes to safeguarding your business, comprehensive insurance is key to protecting the enterprise you’ve worked so hard to create. Fortunately, a solid small business insurance policy can offer the following advantages.
Reasons to Purchase a Small Business Insurance Policy
1. Coverage for Natural Disasters
Many standard insurance policies don’t provide protection for natural disasters—sometimes referred to as acts of God. For instance, you could be on the hook for repairs related to flooding, storm damage, or even water main breaks. Mitigation of risk is key in this regard, especially if you live in an area prone to adverse weather.
2. Protection Against Legal Action
Even the best businesses can face issues with customer dissatisfaction. In this case legal action is possible, which can ravage your business from a financial perspective. Protection against lawsuits is key in this regard. Whether warranted or not, a lawsuit can be damaging to your business, and may even unfairly tarnish your reputation.
3. Issues With Employees
Insurance can also protect against employee dishonesty and theft. Loss by employee theft is a real issue at many workplaces, and can result in thousands of dollars as a result. Certain policies have protection built in that can mitigate employee malfeasance, thereby ensuring your business doesn’t suffer as a result.
You have needs, and the team at Phillip Kent Beck Agency will work diligently to ensure your insurance needs are wholly satisfied. Receive a personalized insurance quote today by calling (336) 434-2111. If you’d like more information on the complete listing of insurance products currently offered, visit their website.
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