What Kinds of Businesses Need Commercial Insurance?

If you’re starting up a new business, one of your questions may be whether you need a commercial insurance policy. The general answer is yes if you have a business. But that’s not always the case, and there are exceptions. That’s why it’s so important to work with us at Murvay Insurance, so you can get the answers and the policy you need for your Newport Beach, CA area company’s security and protection. Insurance can provide you with a lot of peace of mind, but only if you know you’ve got the right policy. You can do that through being an informed consumer, and working with a trusted agent you can rely on. We’re here to help you find the policy that’s going to meet your needs.

Overall, businesses that need a commercial policy are those that are open to the public, and those that have employees on site. If you have a brick-and-mortar establishment, you probably need insurance to protect that physical asset and the people who work for you. If you work online from home, though, you might not need to have any kind of additional insurance policy, beyond your homeowner’s coverage. That can vary if you have a lot of inventory and are selling goods instead of a service. With so many different types of businesses, working with an agent to sort out what’s right for you and carefully consider your options is very important.