Business insurance that is right for you
We may not be able to prevent disasters and mishaps but we sure can do our best to be prepared for them and to protect our financial interests. Every business faces a multitude of risks, some similar, some industry specific. Insurance is still the most cost-effective way of protecting your financial interests and those of your business, firm or company. Reliable business insurance is basically a necessity and it’s not something you can risk being without. At the same time it is important to have the right type of business insurance. You want commercial insurance that is tailored to your company’s needs and risk profile.
For reliable, cost-effective and custom tailored business insurance in North Chelmsford, Tewksbury, Tyngsborough and Westford you can consult with Byam Insurance brokers. Since they are independent and local agents you can be confident you will get the right business insurance – insurance that does not cost you more than it should and that covers your for your real risks.
There are many different forms and types of commercial insurance solutions and you need the right mix and match for your business. Some of the more important commercial policies include
- Business Owners Policy (BOP)
- Umbrella Insurance
- Property Insurance
- Commercial Auto
- General Business Liability
- Workers Comp
- Errors and Omissions
- Directors and Officers
- Business travel insurance
- Staff Medical Plans
- Cyberspace insurance
You will also need insurance specific to your business and your industry. For example if you are a contractor or builder you will likely need one or more surety bonds, such as a bid bond. You should consult with an insurance expert to determine which policies are applicable to your business. It does not help much if you are insured for some things but not covered for other real risks. Your agent can explain what you are covered for and what you are not covered. Many business people think they are insured for a specific event when in fact they are not. Get proper advice and peace of mind knowing you and your business are financially protected in case of adversity or misfortune.
