Running a business in Michigan takes not only hard work but foresight to mitigate risks, which is why commercial insurance is so important. We help our clients identify and create a risk profile to understand the coverage options that are most beneficial. Below are important details associated with commercial insurance.
Commercial Insurance Policies
Property and casualty insurance are important facets of commercial coverage. Each commercial insurance policy comes with different coverage thresholds and options. For example, the commercial property covers the building your company operates in. It also covers permanent fixtures. Business personal property and personal property coverage are available as well, with commercial property. Knowing these nuances is key for selecting the right options for your business.
Common coverage options associated with business insurance policies include:
- Commercial Property
- Commercial Auto
- Commercial General Liability
- Commercial Umbrella
- Workers Compensation
There are limits to coverage. For example, covered causes for loss are stated in policies, giving clients the criteria for filing claims. Understanding these limits is key for getting the optimal coverage.
Luft Insurance Agency
There is a myriad of risks that can impact a business and its financial stability. That’s why we work closely with our clients to determine the types of coverage they need. Whether it is life insurance for key personnel or excess umbrella insurance, we can find the right coverage to bring peace-of-mind to business owners. Our representatives understand the insurance market and have the experience to give clients the best roadmap to protect their businesses from exposures.
At Luft Insurance, we take pride in serving our clients with the utmost professionalism and care. We know commercial insurance and can tailor policies to mitigate risk to an acceptable level. To learn more about commercial insurance, please contact us today.