Article provided by: Schwartz Reliance Insurance & Registry Services
Every business will have to think about commercial insurance in Lethbridge in some form or another. There might be a need to handle coverage for their property, liability, life insurance, and more. Having the right coverage limits and insurance is critical when you want everything to run smoothly at your company. This is why you should be looking into plans that protect your interests and assets while also knowing all of the lines available for SMB insurance in Alberta.
What Industries Need Lethbridge Commercial Insurance Most?
There are different industries, which means varying requirements for insurance. This is just a list of some of the top industries highly recommended to have commercial insurance coverage:
- Automotive services & dealerships
- Contracting & construction
- Home-based businesses
- Printing & copying
- Mortgage, title & real estate
- Religious organizations
- And more!
Know the Coverage Options
When looking into professional liability insurance for Lethbridge businesses, it is best to educate yourself on the coverage options. The more that you know about insurance, what types you may need, and cost, you will have everything necessary to decide. Some common options include:
- General Liability Insurance – Each business, regardless of size, should have general liability coverage. This helps protect the business owner should they or one of their employees or a product/service cause damage to a person or property. Such coverage is also there should someone get hurt while at the business premises. This liability coverage includes property damage and bodily injury coverage, both within a single limit.
- Property Insurance – Just like when you have a home or apartment to protect, you should have property insurance for your business that covers your building contents. This handles any damage or loss to furnishings, machinery, printers, computers, and inventory.
- Commercial Auto Insurance – When you have vehicles for business use, you should have proper commercial auto insurance coverage protecting them. Like a personal auto insurance policy, this commercial coverage includes liability, collision, comprehensive, uninsured motorist, and liability.
- Crime Insurance – With a commercial crime coverage plan helps to cover any losses whenever a crime occurs, including the loss of cash. These perils that will be covered include forgery, employee theft, funds transfer fraud, safe or robbery burglary, computer fraud, and more.
Why Use Schwartz Reliance Insurance & Registries?
When it comes to something like Lethbridge small business insurance, you never want to leave this task up to just anyone. You want to know that you are working with an experienced team ready to handle your commercial insurance needs. Here at Schwartz Reliance Insurance & Registries, we fully understand commercial insurance in Lethbridge because we are also business owners. We have been serving businesses throughout the area for decades, and we would love to discuss your concerns and coverage needs.
Are you hoping to get more information on commercial insurance in Lethbridge? Getting a free insurance quote has never been easier. Contact us today at Schwartz Reliance Insurance & Registries by calling (844) 840-1010 or click here for a detailed or instant quote.