Do You Need Commercial Insurance for Your Pennsylvania Business?

Your business is not only a substantial financial investment. It’s a considerable investment of yourself, your time, and your passion. You will want to protect it in any way possible, which includes obtaining a commercial insurance policy. In Pennsylvania, there are specific laws that require commercial business insurance to keep you, your property, and your employees protected.

Pennsylvania law requires that all employees are covered by Worker’s Compensation insurance. This includes employees that are full-time, part-time, or seasonal. This policy will cover medical bills for any injuries or illnesses they sustain at work.

You must also have commercial auto insurance on all business-owned vehicles if your business is located in Pennsylvania. Commercial auto insurance requirements include having a policy for bodily injury liability with at least $15,000 worth of coverage per person or $30,000 per accident and property damage liability of $5,000 per accident. You can also add a policy of $5,000 for medical benefits.

A business owner’s insurance policy may be the best way to go since it covers general liability, such as customer injury or damage to a customer’s property due to a product or service you offer or while the person is visiting your business location. This policy also covers your building, equipment, and inventory from damage or loss from events, such as tornadoes, fires, hail storms, and vandalism. A business owner’s insurance policy also includes the required policies under Pennsylvania law. So, in other words, it’s everything you need all rolled into one policy.

To determine the best commercial policy for your Pennsylvania-based business, you will want to contact a trusted insurance agent who has the knowledge and experience it takes to provide you with the best options that are available to you and your beloved business.

In the Hershey, PA area, contact the trusted commercial business insurance agents at Options Insurance Agency for an appointment to discuss your options. Our team in Hershey, PA will be happy to get you started with a quote.