{"id":22,"date":"2015-02-20T16:30:00","date_gmt":"2015-02-20T16:30:00","guid":{"rendered":"http:\/\/oliverinsurance.net\/blog\/?p=22"},"modified":"2016-12-19T11:34:34","modified_gmt":"2016-12-19T11:34:34","slug":"mortgage-term-ins-protection","status":"publish","type":"post","link":"https:\/\/www.oliverinsurance.net\/blog\/mortgage-term-ins-protection\/","title":{"rendered":"How Business Insurance Protects Your Business"},"content":{"rendered":"<p>Your business is the result of you working countless hours developing a winning strategy to sell products or services. With so much time and effort invested in your business, protecting it comes naturally.<\/p>\n<p>Purchasing business insurance is an additional way owners choose to protect their business. For a fraction of the costs associated with property damage, fire, and weather-related damage, your business can purchase coverage from an independent insurance agent that will help you secure your business\u2019s future.<\/p>\n<p><strong>Insurance Keeps Your Business Compliant with Laws<\/strong><br \/>\nIn the great state of Oregon, most businesses are required to have worker\u2019s compensation insurance. If your business does not meet special circumstances that exclude you from the requirement, and you have employees, but you haven\u2019t purchased worker\u2019s compensation insurance, you will likely get fined by the state of Oregon. If you are fined, the fine is punitive and will cost your business significantly more than a workers&#8217; compensation insurance policy.<\/p>\n<p>Commercial auto insurance is another type of insurance business owners must purchase if they drive while transacting business. Both small and large companies benefit from having a commercial auto insurance policy since the policy has larger insurance limits, compared to personal auto insurance.<\/p>\n<p><strong>Increased Protections with Coverage for Risks<\/strong><br \/>\nIndependent insurance agents also offer additional insurance products that protect your business. The following are some insurance products all business owners should consider purchasing:<\/p>\n<p><strong>General Liability Insurance<\/strong> helps protect your business from injury as a result of negligence from employees and products.<\/p>\n<p><strong>Key Persons Insurance<\/strong> ensures businesses are able to remain operational after losing a key person.<\/p>\n<p><strong>Property Insurance<\/strong> helps protect the physical premises of the business from events such as fire and weather-related damage.<\/p>\n<p>Beyond the measures you\u2019ve taken to secure your business, partnering with an independent insurance agency like us can help you reduce the financial ramifications of experiencing a loss. If you are interested in purchasing additional insurance coverage, then you should speak with our independent insurance agent today!<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Your business is the result of you working countless hours developing a winning strategy to sell products or services. With so much time and effort invested in your business, protecting it comes naturally. Purchasing business insurance is an additional way owners choose to protect their business. For a fraction of the costs associated with property [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[],"class_list":["post-22","post","type-post","status-publish","format-standard","hentry","category-auto-insurance"],"aioseo_notices":[],"aioseo_head":"\n\t\t<!-- All in One SEO 4.9.9 - aioseo.com -->\n\t<meta name=\"description\" content=\"Your business is the result of you working countless hours developing a winning strategy to sell products or services. With so much time and effort invested in your business, protecting it comes naturally. Purchasing business insurance is an additional way owners choose to protect their business. 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