The Facts about Kentucky Commercial Insurance

Commercial insurance is an important part of having a business. Like an auto or home the business structure and merchandise must be protected so there is no loss because of a peril. Businesses in Paducah, Kentucky, McCracken County and all of Western Kentucky will benefit from a business owners policy (BOP). They will also benefit from using the professional services of an independent agency of Advantage Insurance Services.

Kentucky Commercial Auto Insurance

Any business with a fleet of service vehicles will need to have an auto package tailored to their business. Having a fleet of vehicles increases a company’s liability by a lot. Everywhere the drivers go there is the potential of having an accident. An auto package will cover the liability side and even the physical damage side of your fleet.

Kentucky Commercial General Liability Insurance (CGL)

Commercial general liability insurance will protect in the event of a lawsuit or an unforeseen accident. One way to think about this type of policy is to think that the larger a business is the more likely there could be a liability issue. Liability issues range from someone tripping over a rug to a malfunctioning device that caused an injury. The customer can sue for damages if the issue is found to be the fault of the company. The CGL policy covers these exposures.

Kentucky Commercial Property Insurance

Commercial property insurance is a policy that covers all the property and structures of a company. In some cases in can cover some of the inventory of a store in the event of a peril or loss. An independent agent at Advantage Insurance Services can develop quotes and they can help you compare your insurance needs to the policy they are offering. They can even develop a farm policy for farmers seeking to insure their farm exposures.

Kentucky Workers Compensation

There is nothing worse than having an employee get hurt while on the job. The employee faces lost wages and medical bills that someone will have to pay. Your business should carry a worker’s compensation policy to help pay for the medical expenses of the workers as well as provide compensation for lost work hours. Most injury cases end up in court with a verdict favorable to the employee if there is no workers compensation coverage for them.

Kentucky Business Owner Package (BOP)

A business owner package is a policy package that can be tailored to meet the needs of your company. In short the policy is known as a BOP. It will help cover some liability exposures and other specific needs that your company has. An independent agent will be able to help make the policy fit your business.