If you run your own business and have a company, commercial insurance is one of the first things you need to consider. The purpose of commercial insurance that is also known as business insurance protects your company and you as a business owner from different risks and unexpected events. Here is what you need to know about this type of insurance: 

What Should You Know About Commercial Insurance?

• Standard commercial insurance protects businesses from such risks as property theft and damage, client lawsuits, unexpected events, and client or employee injury. 
• There are different types of commercial insurance serving different types of business needs. Here are the most common of them: errors and commissions insurance (also known as professional liability insurance), general liability insurance, a business owner’s policy, cyber liability insurance, commercial auto insurance, workers’ compensation insurance, and fidelity bonds. 
• There are certain factors that have an impact on the cost of commercial insurance. They are the type of business, the number of employees, whether you have commercial vehicles or not, and some others. 
• If you own vehicles that you use for commercial purposes, you need to have commercial auto insurance because standard auto insurance will not cover them. 

Hinman & Associates Insurance serving clients in Reno, NV

At Hinman & Associates Insurance serving clients in Reno, NV and other surrounding areas, we do our best to provide our clients with proper insurance policies depending on their personal needs. If you are looking for a commercial insurance policy to protect your business, we will be glad to help you. Our insurance agents will find you the perfect policy based on your budget and the type of business you own.