Commercial Insurance in Utah

Are you opening a business, or do you already operate one? If so, commercial insurance is a must. Christensen Insurance Group in Sandy, UT would love to help you with your commercial insurance needs. No matter what industry you’re in, one disaster can wipe out all your profits and even destroy your business. The key to making sure that all the effort and money you’ve invested in a business doesn’t disappear when a disaster strikes is to protect it with the appropriate insurance.

What does a business owners policy cover?

Many small and medium sized business owners choose to purchase a Business Owner’s Policy (BOP). A BOP is a comprehensive package that combines your liability and your property together in one policy. This policy can save you significantly on your insurance costs. Since it is impossible to predict any threats that may arise, protecting your business from every angle is important to the success of its future.

With lower coverage amounts, a BOP is generally a good option for small and medium sized businesses. Larger businesses may want to consider a Commercial Package Policy or customizing their insurance policies to meet the needs and demands of their specific business. But for smaller companies that require less in coverage limits, a BOP may be the best choice.

A BOP will include:

• Property Coverage. Property insurance for the building and contents owned by the business. This coverage will protect your business from minor instances and major disasters. Property insurance will cover the following items, but is not limited to: inventory, office equipment, furniture and computers, equipment leased or rented for business use, and property in your car belonging to someone else that is accidentally damaged.
• Liability Coverage. Liability insurance is very important as it will cover any costs that your business is legally obligated to pay. If your business is responsible for the bodily injury of another person, property damage, or personal and advertising injury such as libel and slander, liability coverage will kick in.