Commercial Insurance in Pennsylvania
What better way is there to protect your business than to have commercial insurance for your protection. Your business should always remain protected. Anything can happen, and the only way to not jeopardize your business from any loss is by choosing an insurance policy. We can assist you in selecting a commercial insurance policy here at Options Insurance Group. If your business is in or near Fort Washington, PA, you have come to the right place.
Commercial Insurance Laws in Pennsylvania
Commercial insurance is not required in Pennsylvania, but it is vital. However, some laws will affect which policy you can get for a small business. For example, worker’s compensation is mandatory in Pennsylvania state. Companies that have employees working either part-time or full-time of any sort will need proper coverage, which is worker’s compensation. This will take care of any injuries and illnesses at work for every employee. If your business owns any vehicles that are for business use only, you will also need to make sure that you obtain commercial auto insurance. This is a law. You should have a minimum of $15,000 for each person for bodily injury and at least $30,000 for each accident for bodily injury coverage. This law also requires you to have $5,000 in coverage for property damage.
Additional Coverage Options
Although these are considered optional, these are recommended insurance policies for commercial insurance:
- Coverage for professional liability
- Coverage for general liability
- Coverage for cyber liability
- Coverage for Business owners
Make sure that you choose a policy accordingly and add any additional as deemed necessary. General liability insurance is best for any customer that experiences injuries or for customer property that has been damaged. Professional liability coverage is good for work mistakes and professional negligence lawsuits.
Contact Us
To get a quote for a business policy, please contact our Options Insurance Group office. Our office is located in Fort Washington, PA and we can help you get started with a quote.
