Summer is one of the busiest times of the year for many businesses. Whether you’re taking on more projects, hiring seasonal employees, traveling to job sites, attending events, or simply seeing an increase in customers, business tends to pick up when the weather warms up.
While you’re focused on making the most of the season, it’s also a great time to make sure your insurance coverage is keeping up with your business.
At Goodrich & Watson, we help businesses of all sizes find coverage that’s tailored to their industry and the way they operate. Whether you’re just getting started or have been in business for years, we’re here to help protect what you’ve worked so hard to build.
Not sure where to start? Use our nifty tool to see what insurance policies we recommend for your industry.
Essential Business Insurance Coverages
Workers’ Compensation
Protects employees who suffer work-related injuries or illnesses. It covers:
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Medical expenses
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Lost wages
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Rehabilitation costs
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Death benefits for the employee’s family (in some cases)
Workers’ compensation protects both employees and employers by ensuring fair compensation while limiting liability for workplace incidents.
General Liability Insurance
Protects your business from financial loss due to claims involving:
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Bodily injury
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Property damage
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Personal and advertising injury
It covers legal fees, medical expenses, and settlements or judgments if you’re held responsible for an accident or damage caused by your operations.
Inland Marine Insurance
Protects property that’s frequently moved or used in multiple locations, including:
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Construction equipment
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Goods in transit
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Fine art
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Other mobile assets
Commercial Property Insurance
Protects your business’s physical assets from risks like fire, theft, vandalism, and natural disasters. It covers:
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Buildings
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Equipment
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Inventory
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Furniture and other business property
Commercial Auto Insurance
Protects vehicles used for business purposes, including:
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Company cars, trucks, and vans
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Liability, collision, and comprehensive coverage
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Uninsured motorist coverage
Cyber Liability Insurance
Protects your business from financial losses due to cyberattacks and data breaches. It helps cover:
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Legal fees
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Regulatory fines
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Data recovery
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Customer notification
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Reputational damage
Professional Liability Insurance
Protects professionals from claims of negligence, errors, or omissions in the services they provide. It covers:
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Legal defense costs
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Damages from mistakes or failure to deliver services as promised
Bundle Your Coverage and Save
Many businesses can save money by bundling multiple policies together. It simplifies your insurance, fills potential coverage gaps, and often lowers your overall premium.
Summer is the perfect time to make sure your business is protected before the busy season gets even busier.
If you’d like us to review your current coverage or help you find the right protection, we’d love to help.
Contact Goodrich & Watson Insurers, Inc. today to safeguard your business! Email or call 757-591-0371!
