Owning a specialized business, such as a construction, landscaping, or roofing company comes with its own set or responsibilities. They also have more work during the warm summer months, which makes it more vital to make sure that you company and employees are protected with the right insurance policies. Make sure to invest in these 3 insurance policies to ensure you are covered in any situation.
- Workerâ's compensations. A workerâ's compensation insurance policy will protect your business in the unfortunate case that an employee is injured while on the job. It will cover medical expenses, lost income and wages, vocational rehabilitation, and death benefits. Workerâ's compensation is required for all businesses with employees, and can make sure your business is protected.
- Commercial vehicle insurance. Make sure that your commercial vehicle insurance policy provides enough coverage for both your vehicles and the employees that drive them. Typical commercial vehicle insurance policies will provide coverage for medical payments, collision, liability, and comprehensive. All of these coverage options combine to ensure that any employees who are injured while driving a work vehicle are covered in case of injury, and that the vehicle is covered from any damage.
- Commercial inland marine policy. This policy will provide coverage for a contractorâ's equipment, and/or tools. Since tools are regularly taken to different job sites, it is important to make sure they are covered from any type of loss. Coverage from this policy can be on a schedule basis, which means you have to specifically list the items that you want to be insured. There is also a blanket coverage option, which is usually used to protect smaller items.
To make sure that your business has the most comprehensive commercial insurance policies to ensure that your employees and business are protected in any situation,
contact Cook, Disharoon & Greathouse in Oakland, California.
