Running a Furniture Or Fixtures Installation business involves a significant investment. Business insurance protects your investment by minimizing financial risks associated with unexpected events such as a death of a partner, an injured employee, a lawsuit, or a natural disaster. Unless you are an employer, business insurance is generally not required by law, however, it is common practice to purchase enough insurance to cover your assets. If your business is an corporation, your personal assets are protected from business liabilities; however, neither business structure is a substitute for liability insurance, which covers your business from losses.
- Furniture Or Fixtures Installation Business insurance is often mandated by contract or law.
- Protect your home and personal assets by insuring your Furniture Or Fixtures Installation company against business risk.
- Survive business shocks with the right type of insurance for the Furniture Or Fixtures Installation industry.
- Protect your customer in the event of an inadvertent harm on your part.
Insurance companies determine the level of risk they’ll accept when issuing policies. This process is called underwriting. The insurance company reviews your application and determines whether it will provide all or a portion of the coverage being requested. Each underwritten policy carries a premium and a deductible. A premium is the price you pay for insurance. Premiums vary widely among insurance companies, and depend on a number of risk factors, including your business location, building type, local fire protection services, and the amount of insurance you purchase.
Furniture Or Fixtures Installation Insurance can be purchased separately or in a package called a business owners’ policy (BOP). Purchasing separate policies from different insurers can result in higher total premiums. A BOP combines typical coverage options into a standard package, and is offered at a premium that is less than if each type of coverage was purchased separately. Typically, BOP’s consist of covering property, general liability, vehicles, business interruption and other types of coverage common to most types of businesses. BOP’s simplify the insurance buying process and can save you money.
Businesses with employees are required by law to pay for certain types of insurance: workers’ compensation insurance, unemployment insurance, and, depending on where the business is located, disability insurance.
Choosing the right company to help you with your office furniture installations, setups, tear downs, warehousing and moving is important. Just having a truck and a few strong guys who do light residential moves doesn’t cut it when your business continuity, the productivity of your staff, and the image of your business when customers or investors visit your office space are at risk. Even modest office furniture and are best served by proven, experienced and professional office installation services specialists.
Having the right Furniture or Fixture Installation commercial auto insurance as well as contractors general liability insurance coverage for your business will give you peace of mind so that you can fully focus on successfully growing your business.
Business owners purchase general liability insurance to cover legal hassles due to accident, injuries and claims of negligence. These policies protect against payments as the result of bodily injury, property damage, medical expenses, libel, slander, the cost of defending lawsuits, and settlement bonds or judgments required during an appeal procedure.