If you own a business, you already know how risky owning a business is. At Capalbo Insurance Group LLC in South Kingstown, RI, we are an independent insurance agency and can offer more choices since we don’t represent just one insurance carrier. We work for and with our customers to make sure that they have the right coverage.
Types of commercial insurance
Commercial property insurance
Commercial property insurance covers the physical location where your business is located if you own it, and it also includes the contents of the business with all the things you require to do business. The list of included things will be different for each business depending on what you actually do. For a store, it is inventory, cash register, display units, etc. For a manufacturing business, it is machinery, raw materials, office equipment, finished products, etc. With this insurance, you will be able to replace what was lost and get back into business.
Commercial liability insurance
Businesses are vulnerable to getting sued. It is an all too frequent occurrence. Your business can be sued by a customer, an employee, or a vendor. If you lose the judgment the cost of paying it along with the legal costs could sink your business if you don’t have commercial liability insurance.
Commercial auto insurance
If your business owns a vehicle, commercial auto insurance will protect it and you. Personal auto insurance will not cover your auto for business use. This could end up costing you enough to kill your business.
All employers with 1 or more employees are required by law in Rhode Island to have workers compensation insurance. It is good for employees and employers.
Consult With Us
When you need to discuss your commercial insurance coverage, you can call us at Capalbo Insurance Group LLC in South Kingstown, RI.