Why small business needs commercial insurance

by agentinsure

Why does my small business need commercial insurance
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Owning a small business in Michigan comes with plenty to lose sleep over but one thing that should not be keeping you up is why your small business needs commercial insurance. You have someone to turn to for the information that you need when making the decision about commercial insurance with Insurance Exchange. We can walk you through all the things that you need to consider when deciding whether or not this type of insurance makes sense for you and your business.


Every small business has different commercial insurance needs. Your type and size of business need to be considered. Where you are doing business is also important. You want enough insurance but there is no point in including things that won’t help your business to be more secure.


Michigan Property coverage


You need to protect your ability to do business. You need to protect the location and the property needs to be secure. Property insurance protects you against things like theft and fire that could destroy your inventory and your equipment. If you own the building that also needs to be covered from damage.


Michigan Liability coverage


People get hurt and they sue, it is a reality of life. You need to protect your business against legal actions that may be taken against you. This coverage can also protect you against a suit from a disgruntled former employee and wrongful termination.


Michigan Workers Compensation


In Michigan, employers must carry workers' compensation insurance for their employees. This provides wage replacement, medical, and rehabilitation benefits to employees who are injured or fall ill because of their work, regardless of fault.


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Other Industries and products we specialize in at Insurance Exchange:

Manufacturing Insurance

Preschool & Daycare Center insurance

Automotive Manufacturing Insurance

Tool & Die Shop Insurance

Staffing Agency Insurance

Food and Agriculture Insurance

Freshwater Technology and Services Insurance

Non-Profit Insurance

Cannabis Facility Insurance

Investment Properties – Commercial landlord Insurance

Habitational/Hospitality Insurance

Medical Malpractice Insurance

Elementary and Secondary (K-12) School Insurance

Home Insurance

Condo Insurance

Renters Insurance

Motorcycle Insurance

Watercraft Insurance

Umbrella Insurance

Small Business Insurance


Insurance Exchange offers small business insurance in Northville, Troy, Farmington Hills, Southfield, Rochester Hills, Pontiac, Royal Oak, Novi, Madison Heights, Oak Park, Auburn Hills, Birmingham, Ferndale, Hazel Park, Detroit, Dearborn, Livonia, Westland, Taylor, Lincoln Park, warren, Ann Arbor, Ypsilanti, Pittsfield, & Scio Township, Michigan.

670 Griswold Street #100 Northville, MI 48167

                     (248) 349-1122

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