Category: Commercial Insurance

When it comes to purchasing commercial insurance, it can be difficult to determine exactly how much coverage you need. That’s why it’s important to take the time to research your options and understand the different types of policies that are available. At Schneider Insurance Agency, we want to make sure everyone in the Gahanna, OH area has the coverage they need.

How much commercial insurance do I need?

There are several factors that should be taken into account when deciding how much insurance to purchase, including the size of your business, the type of industry you operate in, and any potential risks associated with your operations.

For smaller businesses, it may be enough to invest in general liability coverage which provides protection against most third-party claims such as bodily injury or property damage caused by business operations. For larger businesses, a more comprehensive commercial policy may be necessary which includes multiple types of protection such as property damage and product liability. It is also important to consider additional coverage for unique risks that could pose a financial burden if an incident were to occur at your place of business.

Ultimately, each business is unique, and the amount of commercial insurance needed varies greatly depending on the industry, size, and risk management strategies already implemented. It is recommended that business owners speak with an experienced agent who understands their individual situation in order to obtain tailored advice about the appropriate level of protection for their needs.

Contact Us Today

If you have any additional questions or want to explore getting a policy that will provide coverage for your business, give us at Schneider Insurance Agency a call today. We proudly serve the Gahanna, OH area and are happy to help you with all your insurance needs.

Small businesses are the backbone of the American economy. They create jobs, drive innovation, and support local communities. But too often, small business owners make mistakes when it comes to their insurance coverage. Schneider Insurance Agency in Gahanna, OH can help you navigate this important coverage.

Here are five of the most common mistakes small businesses make – and how to avoid them:

1. Not Shopping Around for the Best Rate

When it comes to insurance, small business owners often think they have to accept the first quote they receive. But that’s not the case. It’s important to shop around for the best rate. Get quotes from at least three different insurers and compare their rates, coverage, and terms.

2. Not Reviewing Their Policy Regularly

Your business is constantly changing and evolving. That’s why it’s important to review your insurance policy regularly. Make sure your coverage still meets your needs. If not, make changes to your policy or shop for a new one.

3. Not Getting Enough Coverage

Many small businesses make the mistake of not getting enough coverage. They often think they can’t afford it or that their business is too small to need it. But that’s not true. Every business, no matter its size, needs adequate insurance coverage. Make sure you have enough to protect your business in the event of a disaster or lawsuit.

4. Not Understanding Their Policy

Many small business owners don’t take the time to understand their insurance policies. They just accept whatever coverage their broker recommends. But it’s important to know exactly what your policy covers and doesn’t cover. Ask your broker or insurer for clarification if you don’t understand something.

5. Putting off Buying Insurance Until It’s Too Late

Some small business owners think they can put off buying insurance until their business is more established. But that’s a mistake. You never know when an accident or disaster will strike. It’s important to have adequate insurance coverage from the start.

Get Commercial Insurance Today

Avoid these mistakes, and you’ll be on your way to getting the right insurance coverage for your small business. Schneider Insurance Agency in Gahanna, OH can help you find the right policy for your business. Contact us today for a free quote!