In Need of Business Insurance? We’ve Got You Covered!

It’s very important to have business insurance because the financial impacts and consequences of a potential mishap could easily wipe out the assets of a small business. Insurance provides protection in case customers or passersby experience harm at the hands of your company, or if your company is harmed by an incident such as a fire.

In addition to protecting yourself, it’s also important to have business insurance so you can protect others. If you own a food business and a customer becomes ill after eating one of your products or if you own a delivery business and one of your vehicles hits a pedestrian, you need to be able to pay for the damage you’ve caused.

It’s also important to have business insurance because such insurance can be a requirement for certain types of business activities. Some contracts require in their terms that you be insured, and some types of insurance, such as workman’s compensation, are required for all businesses in most states.

If you own a small business and would like to purchase business insurance in Tigard, you’ve come to the right place. Give our office a call to discuss next steps!

Types of Business Insurance

Business liability insurance pays the parties that are harmed by your business activities. Although customers are most likely to experience harm if your products malfunction, you need to know that innocent bystanders can also be affected. For example, if your business is using a propane tank, it could suddenly explode. Fire and hazard insurance for businesses protect your company’s assets in case of damaging and unpredictable circumstances.

Some types of business insurance are required by your state government, such as workman’s compensation insurance, which protects your workers if they’re hurt on the job, and unemployment insurance, which helps workers make ends meet if they are laid off.

I’ve been with Jason Rogers of AOA West since we moved to the area five years ago, and have been very satisfied with the firm’s ability to meet our evolving personal and business insurance needs over the years. Jason really understands the reasons behind our insurance needs, and works hard to educate us, find the right products at competitive rates. We recently had some complex business insurance requirements and together found a creative and sound solution. I highly recommend Jason’s services and the AOA team! Portlander