Insuring your business is not only required by Wisconsin state law, it’s also important for your financial well-being. Anything that interferes with your business could have a negative impact on your ability to earn an income, which could compromise your family’s lifestyle and plans for the future – as well as the same for your employees.
There are a variety of different types of commercial insurance coverage that you may need, depending on what type of business you have, whether it’s run out of your home or on a separate property, if you have employees, and more. You might not even know all the different types of business insurance you could need. Philleo Insurance team can help you determine what’s required by law, as well as what could be vitally important for protecting your business, finances and your workers.
Some types of business insurance which you might require:
General Liability – Provides both defense and damages if you, your employees or your products or services cause Bodily Injury or Property Damage to a third party.
Professional Liability – Also known as Errors & Omissions (E&O), this insurance provides defense and damages for improperly rendering or failing to provide professional services.
Product Liability – If your product fails to perform, causes injury or results in property damage, this type of policy will cover you.
Property – Provides financial protection for your business property and/or any business equipment, such computers, office equipment, tools and more. It can also reimburse for lost product inventory due to fire, vandalism, theft, etc.
Workers Compensation – This type of policy is required by law for Wisconsin employers that meet specific requirements. It provides wage replacement and medical benefits to workers who are injured on the job.
Commercial Business Auto – Commercial auto insurance offers financial protection for your business’s vehicles, whether they transport employees, products or equipment. If you don’t have company cars, but employees drive their own vehicles while performing company business, you should have non-owned auto liability.
It takes a lot of hard work to build a business, you should protect your livelihood with appropriate insurance. At Philleo Agency Insurance, we have experienced team who are ready to help you select a commercial insurance policy for that will financially protect your business from accidents and other disasters. An all-inclusive business insurance policy can help you feel confident knowing your business’s insurance needs have been met.
Industry Specific Coverage
There are many businesses that have unique exposures that are not commonly found with other commercial businesses. Because of this we offer specialized coverage packages for certain industries. Some of those businesses include:
- Taverns, Bars, and Nightclubs
- Habitational Risks such as condominiums
- Hotels & Motels
- and others
Contact Us Today for a Commercial Insurance Proposal
Contact Philleo for your free business insurance proposal and advice on your coverage options. Our experienced team can help you find the right coverage to protect your family’s home. Call us today to get started.