When you started your company, it was small and your business insurance in Wantage, New Jersey, was adequate to meet your needs. Over time, though, your company expanded, and you added new properties, bought new equipment and hired new employees. If this is the situation you face now, it’s possible that your existing business insurance package no longer meets your needs. Consult with your business insurance representative for a review of your business insurance policy and ask if a commercial package policy is right for you.
A commercial package policy is a type of business insurance that combines several different kinds of coverage into one easy-to-understand policy. Some of the various types of coverage offered by a commercial package policy include standard business property insurance and general liability, equipment breakdown and business auto, as well as business interruption and crime protection. Also, you can add additional types of coverage such as debris removal costs, costs from sewage backups and repair costs to outdoor property and signs.
As a business owner with a growing company, your needs have changed, and your old insurance policy might no longer be sufficient to cover your current expansion. When this is the case, your insurance representative can help you find the right business insurance in Wantage, New Jersey.