{"id":18860,"date":"2017-03-22T08:00:36","date_gmt":"2017-03-22T15:00:36","guid":{"rendered":"https:\/\/www.freeway.com\/?p=18860"},"modified":"2017-03-22T08:00:36","modified_gmt":"2017-03-22T15:00:36","slug":"3-benefits-of-getting-business-insurance","status":"publish","type":"post","link":"https:\/\/www.freeway.com\/blog\/business-insurance\/3-benefits-of-getting-business-insurance\/","title":{"rendered":"3 Benefits of Getting Business Insurance"},"content":{"rendered":"
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Running a business is full of risks. Day in and day out, your company and your staff face challenges that have the potential to become catastrophes. That\u2019s why it\u2019s so important to have commercial business insurance.<\/p>\n
Despite the importance of this kind of coverage, many business owners neglect to purchase it or only purchase the bare minimum. Here are three reasons you should consider commercial business insurance and how your company can benefit from it.<\/p>\n
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Business insurance packages can be customized for your company. There are several subsets of business insurance, and each have the goal of protecting companies from catastrophic loss. For example, most business owners like to get property insurance, which can protect their company from property damage due to fires and major storms.<\/p>\n
Business insurance can include liability insurance, which protects your business in case a customer gets injured on your property or if your staff acts negligently and causes the company to lose a significant amount of capital. It also can include replacement insurance, which allows your company to recuperate expenses in the event that your inventory is stolen.<\/p>\n
Depending on the industry you\u2019re in and the location of your business, you may need everything from professional liability to product liability to workers\u2019 compensation to business interruption insurance. You get to pick and choose additional coverage according to your company\u2019s needs.<\/p>\n