Protect your company with the right commercial coverage.

As a new business owner, you know how much you have invested to get your company off the ground. This is why it’s so important that you protect your business with the right insurance. Not sure where to begin when it comes to your business insurance in La Canada, California? Then here’s what you need to know about insuring your new business.
Why You Need Coverage

First, it’s important to understand why you need to secure insurance for your business. In the simplest terms, business insurance is designed to protect both your commercial and personal assets. Your commercial coverage offers financial protection in the event that your business sustains damage or is on the receiving end of a liability claim. Your coverage can help you pay for repair costs, compensation expenses, legal fees, and so on. Without the right commercial insurance in place, you would have to cover the full cost of business damages or liability issues out of your own pocket. This, in turn, could compromise your business’s revenue and even your personal savings. This is why it’s so important to have the financial protection that only commercial insurance can offer.
When Should I Secure Coverage?

Business owners should secure commercial coverage as soon as they launch their companies. This is because your company opens itself up for risk as soon as it opens its doors. You should secure commercial coverage even if you are operating out of your own home. This is because your homeowners insurance will not provide coverage for business-related inventory, equipment, supplies, or liability events. The only way to protect your fledgling business is with the right commercial coverage.
Which Policies Do I Need?

With all the coverage options out there, it can be difficult to determine which policies are right for you. Some of the most basic and essential forms of commercial coverage include the following:
• General liability
• Commercial property
• Workers compensation
• Professional liability
• Product liability
• Cyber liability
• Commercial auto
This is what new business owners need to know about insuring their companies. Do you have additional questions about your business insurance in La Canada, California? If so, then contact the experts at Knight Insurance Agency. Our dedicated team is eager to assist you with all your coverage needs today.