At Skyline Insurance LLC, in Jacksonville, FL, we understand the importance of well-informed customers. Today, we are here to debunk a few common myths about commercial insurance.
Common Myths About Commercial Insurance
"Only Large Companies Should Worry About Being Sued"
You may think that if you are a small business, you don’t have to worry about being sued. However, the truth is that up to 1/2 of all small businesses are involved in some type of litigation every year.
Lawsuits can be brought against you if someone is injured at your business or your product causes harm or injury. Commercial insurance can provide valuable protection, including covering settlement costs and legal fees.
"My Home Policy Has Me Covered"
If you have a home-based business or conduct business at your home from time to time, you may not be covered under your standard homeowner’s policy. Homeowner’s policies won’t cover legal actions related to your business either.
Commercial insurance policies can provide coverage for your home-based business, including liability protection and coverage for your business equipment.
"I Don’t Need Commercial Auto Insurance"
You may think that your auto insurance policy is enough coverage and forgo a commercial auto policy. If you are using your vehicle as part of your business operations, you need a commercial auto policy.
Standard auto insurance will cover your commute to work. However, if you are transporting people or goods as part of your job or simply carrying expensive equipment or tools, you’ll need commercial auto insurance.
"I Can’t Afford Commercial Insurance"
Many small business owners think that commercial insurance is unaffordable. The truth is, you can’t afford not having the right insurance coverage. If something goes wrong and you don’t have proper coverage, you may lose your business.
Looking For Commercial Coverage?
If you are looking for commercial insurance in the greater Jacksonville, FL area, contact us at Skyline Insurance LLC. We offer a variety of business policies to help you protect your business.