How to Decide on Commercial Insurance Policies in Michigan

There’s a lot to consider for commercial insurance policies in Marshall, MI. Where is your business located? What type of business do you have? How many employees do you have? These factors play a role in deciding which commercial insurance policy is right for your business.

To help you make the best decision for your business, we’ve put together a list of things to consider when choosing commercial insurance policies in Marshall, MI:

Type of business:

This determines the type of coverage you need. For example, if you have a manufacturing business, you’ll need different coverage than a retail business.

Location of business:

This is important because it will determine your business’ risks. If you’re in a high-crime area, you’ll need different coverage than in a rural area.

Size of business:

This affects the amount of coverage you need. A more significant business will need more coverage than a smaller business.

The number of employees:

This will also determine the amount of coverage you need. The more employees you have, the more coverage you’ll need.

Great Michigan Insurance can help you determine your business’s best commercial insurance policy.

Standard Commercial Insurance Policies

Now that you know what to consider when choosing commercial insurance policies in Marshall, MI, here are some of the most common types of coverage:

Property insurance:

This type of coverage protects your business property from damage or theft.

Liability insurance:

This type of coverage protects your business from lawsuits.

Workers’ compensation insurance:

This type of coverage protects your employees if they’re injured on the job.

Product liability insurance:

This coverage protects your business from lawsuits if a product you sell causes injury or damage.

Business interruption insurance:

This coverage protects your business if it has to stop operations because of a covered event.

Great Michigan Insurance can help you find the right commercial insurance policy for your business. Call us today.