There are several types of commercial insurance, all geared to meet the specific needs of the many types of businesses that need it. If you live in Montgomery, AL or the surrounding areas the Bridgeway Insurance Group can meet all your commercial insurance needs. Here are a few common questions about commercial insurance in Alabama.
Common Commercial Insurance Questions
- Is commercial insurance a legal requirement in the state of Alabama? Commercial auto insurance is required if you use a vehicle for your company function or if you have employees who use your vehicle. Regular auto insurance just is not enough to protect you, your employees, and your business from liability. If you have five or more employees you need to have worker’s compensation insurance, legally.
- What type of coverage should I purchase? There is no single answer to this question. But there are many types of commercial coverage and umbrella policies that can make sure that all your equipment, inventory, property, and employees are protected. Each business has specific needs, and there is the perfect policy available to meet your unique needs.
- Does my business have to be established for any length of time to get commercial insurance? No, you can and should be protected from day one, or even in the planning process. As soon as you buy that first piece of equipment, have that first line of inventory, hire that first employee, or even have an empty space you should protect yourself and your assets.
Contact us at Bridgeway Insurance Group if you have any more questions about protecting your business with commercial insurance. We serve Montgomery, AL and the surrounding areas, call today.