You work hard every day to manage your business and keep it afloat. You protect it to the best of your ability believing that you have your bases covered. Then, nature strikes and you are devastated to find that you were wrong. Too late you discover that you do not have the necessary coverage for natural disasters, and you are stuck wondering what to do now.
Unfortunately, about half of small businesses hit with a natural disaster do not bounce back, leaving a dream to go down the drain. Here at Peter Laczko Insurance Inc., we do not want to see our friends in Woodstock, GA fail, so we want to help you understand commercial insurance and what you can expect it to cover. All businesses are different to some degree: they have different products, services, equipment, property, and more.
Commercial policies are as unique as the businesses they cover. There is really no one-size-fits-all answer, so we will start with some general information. A typical commercial policy covers the owners and employees. It also covers the property from damage due to crime, falling objects, lightning, wind, some storm activity, and fire.
Most basic policies do not cover acts of nature, though a wildfire will likely be covered. Damage caused by floods, earthquakes, hurricanes, and tornados are usually only covered if additional coverage is added to the original policy.
If you currently have commercial insurance, take a look at your policy to know your exact coverage. For those in the Woodstock, GA area, Peter Laczko Insurance Inc. will be happy to help you understand the current policy coverage you have. If there are any gaps that need to be filled, we will be happy to find the additional coverage you need. Give us a call or stop by our office for your no-obligation quote.
