Commercial Insurance In Alaska
Compass Insurance LLC Offers Commercial Insurance in Alaska
Doing business can expose a company to various risks that can destabilize your finances or cause bankruptcy. Commercial insurance was designed to defray some of the costs of these events that can lead to lawsuits, medical expenses, and other liabilities. At Compass Insurance LLC, we can help you find the right insurance to protect your business from losses.
Do You Need Commercial Insurance?
The very act of engaging in business can expose you to certain risks. Your employees may get hurt while on the job and have medical costs. An act of God can damage the property of your customers. Depending on your type of business, your clients may require you to carry certain types of insurance to protect their interests. They may require proof of insurance before contracting to have work done. In addition, your business insurance needs can change over time. You may design your product or purchase a business property that expands your market for additional types of coverage.
Common Types of Commercial Insurance
Workers' compensation insurance is usually required by law to pay the expenses of injured workers on the job. General liability insurance is required to protect against damage from property damage or injury to someone on your premises. Professional insurance may be needed to cover errors or omissions that may occur. If you use vehicles in your business, you may need commercial auto coverage. If you own your business building, you may require property insurance. Even home-based businesses may need certain types of coverage.
Choose Compass Insurance LLC for your Commercial Insurance Needs in Alaska
Business owners often have many questions about what policies are right for their companies. We can help with knowledge and experience regarding exposure to losses in the business setting. Contact Compass Insurance LLC today to discuss your business insurance needs and to receive a free, no-obligation quote on policies that can help you secure your company's financial security.
