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5 Business Risks: Protect Your Company
Property Damage Property damage can arise from various sources, such as natural disasters, accidents, or theft. Repairing or replacing damaged property can be a costly affair, which can adversely affect your business operations. To shield your business against property damage, it is crucial to obtain commercial property insurance. This type of insurance can provide coverage for damages to your building, equipment, and inventory. It can also cover the cost of lost income if your business is unable to operate due to property damage.
Read More5 Common Business Risks: How to Protect Your Company
Property Damage Property damage can arise from various sources, such as natural disasters, accidents, or theft. Repairing or replacing damaged property can be a costly affair, which can adversely affect your business operations. To shield your business against property damage, it is crucial to obtain commercial property insurance. This type of insurance can provide coverage for damages to your building, equipment, and inventory. It can also cover the cost of lost income if your business is unable to operate due to property damage.
Read MoreInsurance Coverage: Does Your Small Business Need It? Yes!
Depending on your location and industry, state or federal requirements vary for insurance coverage. For example, if you have employees, you will likely be required to carry workers’ compensation insurance. It is important to research the requirements specific to your business to ensure compliance with regulations.
Read More6 Holiday Office Safety Tips
Decorations, additional inventory, and other unexpected items usually pop up during this time of the year. Hence, it may be a great idea to revisit ladder and lifting safety if your industry requires these skills.
Read MoreWhy Every Business in the Treasure Valley Should Have Commercial Insurance
A typical slip-and-fall injury claim against your property could cost you $20,000 or more! That type of expense could crush your professional dreams. What’s more, even if your business is virtual, you stand to risk a lot if someone sues you for breach of contract or negligence.
Read MoreCompass Direct Insurance Services, Inc. (CDISI) in Meridian, Idaho
Compass Direct Insurance Services, Inc. (CDISI) is in the Village at Meridian in Idaho. We specialize in commercial insurance but also offer many other types of insurance policies: Business, Personal, General Liability, Worker’s Compensation, Auto/Vehicle, Property, Professional Liability, E&O, Bonds, Employment Practices Liability, Cyber Security, and much more! What’s more, as an independent brokerage, we access multiple…
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