Small businesses face risks every day, including just staying financially viable. Commercial insurance can protect your business from many of those hazards, but in spite of that, most will not survive more than ten years. At M&K Dignum Insurance Agency Inc. we will sit down with you to assess the risks that your small business faces and make recommendations for the correct types of insurance to protect your Albany, NY business.
Why Commercial Insurance?
Commercial property insurance
It is very difficult to do business if all the things that you need to carry out your business have been destroyed by a hazard. Many of those hazards would be covered by commercial property insurance. It can save your small business if you have the means to replace the items you have lost quickly and without hassle. That is what insurance will do for you. If your business doesn’t have the cash to replace things without insurance, you might have to close your doors.
Commercial liability insurance
No one likes to think about being sued, but when you own a business, it is likely to happen to you since one-third of all businesses are sued in any given year. A judgment against you could use up all your assets, and maybe even more if you don’t have commercial liability insurance.
Business interruption insurance
Bad things happen even to good businesses and if a bad thing happens to you and you are not able to do business for a while, you could end up not being able to remain in business. Business interruption insurance can make all the difference. It provides the funds you need to make your normal business expenses when your income has dried up to nothing.
Contact Us Today
For more information about commercial insurance, call M&K Dignum Insurance Agency Inc. in Albany, NY.