At times, the difference between the wise and not-so-wise often comes down to a single decision. As a business owner, one such choice for you is whether to get commercial insurance or not. This is even more critical for new companies as their trajectory can be unstable. A commercial license will mitigate the risk of a sudden loss of finances and might be the only thing that would save the company from going under. As a start, you must understand the significance and importance of commercial insurance.
Commercial losses, such as theft, employee injury, property damage, liabilities, etc. are common. If you have reliable policy coverage, you might be less affected by such events compared to not having any protection. Another growing area of concern is data breach damage with an increasing number of cyberattacks. Financial losses to such types of attacks can be considered in specific policies. A great benefit of commercial insurance is you receive tax deductions provided the company serves a business purpose.
At Biddle-Shaw Insurance Services in San Francisco, CA, you have the expertise of the commercial insurance market and the sound understanding of local rules and regulations. A commercial license can be more complicated than individual policies, which makes for a great reason for you to consult an expert in the matter. At Biddle-Shaw Insurance Services, agents are trained to understand your specific situation and then guide you on the best-matched policy for your needs. This could easily be the best investment you make in your business, giving you the support, security, and peace of mind that is needed in a successful business. Visit the Biddle-Shaw Insurance Services office in San Francisco, CA, or contact us by phone to get started without risking any delay.