First Insurance Group
Home Page

Free Insurance Quotes Auto Insurance Home Insurance Commercial Insurance Life Insurance Health Insurance

couple with businessOpening a business is a huge undertaking, and one that comes with a variety of risks. Some businesses are inherently more risky than others, like a contracting business or a toxic waste disposal business. But every business, no matter how small, faces risks on a daily basis.

What are the most common risks that your business could face over the years? Here are just a few examples:
  • Property Damage: Your business has invested in a building, furniture, computers and other physical assets. What would happen if a fire or storm destroyed everything? Or if a thief broke in and stole your expensive equipment? Protecting your business' property should be an integral part of your business plan.
  • Liabilities: There is always a possibility that a customer or other third party could be injured or otherwise monetarily harmed at your business or due to the actions of your employees. If such an incident occurs, you may responsible for the person's medical bills and other expenses.
  • Cyber-Crime: Cyberattacks have been on the rise these past few years. Not only do cyberattacks harm your business, but they can also compromise your customers' personal information. Efforts to repair what was damaged can be extremely costly.
  • Fraud: Oftentimes, employees have access to sensitive company information. Dishonest people may see this less as a privilege, and more as an opportunity for embezzlement and extortion.
While you can never fully prevent similar risks from threatening your business, you can actively take steps to protect your business' interests by pursuing the protection offered by various business insurance policies. A good way to get the right protection for your unique risks is to work with an independent insurance agent. He or she will ask a series of questions to assess your needs. Some of the information that must be gathered for this process may include:
  • Property location and size
  • Safety policies and security equipment
  • Vehicles operated by employees
  • Number of employees
  • Type of business/industry
  • And more
With an understanding of your business and its risks, your agent will then shop for policies on your behalf to offer the right protections that your business needs. Call First Insurance Group at (800) 511-2892 for more information on Frankfort business insurance.
Share |


No Comments


Post a Comment
Name
Required
E-Mail
Required (Not Displayed)
Comment
Required


All comments are moderated and stripped of HTML.
Submission Validation
Required
CAPTCHA
Change the CAPTCHA codeSpeak the CAPTCHA code
 
Enter the Validation Code from above.
NOTICE: This blog and website are made available by the publisher for educational and informational purposes only. It is not be used as a substitute for competent insurance, legal, or tax advice from a licensed professional in your state. By using this blog site you understand that there is no broker client relationship between you and the blog and website publisher.
Blog Archive


View Mobile Version
First Insurance Group
Home | Get a Quote | About | Customer Service | Claim | Contact



First Insurance Group
Main Office 2520 South Highway 27 | Somerset, KY 42501 | Phone: (606) 679-3570
Bardstown 107 Lincoln Way | Bardstown, KY 40004 | Phone: (502) 348-5921
Frankfort 1510 Louisville Rd | Frankfort, KY 40601| Phone: (502) 223-5100
Nicholasville 508 North Main St, Suite C | Nicholasville, KY 40356 | Phone: (859) 885-9454
Richmond 312 Jason Dr Suite 3 | Richmond, KY 40475 | Phone: (859) 623-6692
Glasgow 605A Happy Valley Road | Glasgow, KY 42141 | Phone: (270) 651-5723

© Copyright 2017. All rights reserved. Powered by Insurance Website Builder
Get A Quote Find an Agent Locations
Facebook Twitter LinkedIn google maps for somerset