Reasons Why You May Need Commercial Insurance

FCIS Insurance Business Insurance, Commercial Insurance

Commercial insurance is there to protect businesses and their employees from disasters of all sorts. Some forms of commercial insurance are required by law in certain states, some are an incentive for potential employees to apply or accept an offer, and many are meant to protect a business from financial losses it an’t afford. Any business could benefit from investing in commercial insurance, and here are some reasons why.

Protect Employees

Businesses aren’t the only thing commercial insurance provides protection for. Policies like workman’s compensation are required my many states to provide pay for employees injured on the job. This type of commercial insurance not only helps the employee and their family, but it can also prevent lawsuits.

Provide Health Insurance

Employer health insurance policies are a huge draw that can bring in the talent your business is looking for, and another way for the business to look out for their employees. Commercial health insurance policies allow the employer and employee to split the cost, making it more affordable to both parties. A variety of options are available to both parties, allowing many sizes of businesses to find the plan that works for them.

Protect Company Vehicles and Their Drivers

Any business that has company vehicles needs a commercial vehicle insurance. Whether the company has a whole fleet of delivery vans, or a single company car, insurance is a must. Anything that happens in that vehicle can fall back on the company that owns it, and that can lead to some expensive situations. If anything happens to the vehicle or employee, an insurance policy can help cover the costs.

Planning for Natural Disasters and Crime

Property insurance can help cover any damage from theft, vandalism, natural disasters, and more. Crime and vandalism can be just as unpredictable as the weather, but both can be recovered from with the right policy. Natural disasters can also affect businesses as much as anyone else, and anything from a fire to a tornado could mean the end for a small business. Just because these things don’t happen often doesn’t mean they never will. It’s always smart to prepare for the worst, and know that one natural disaster won’t spell disaster for your business.

Minimize Liability

General liability insurance can also protect the business from financial losses caused by any sort of damages caused to other people by the company.  This could be injuries suffered by customers in the store, from the products or services, operations, or even employees.  Commercial general liability insurance protects against any number of situations that could result in the business being sued.


Overall, commercial insurance is a must have for any business owner. Different policies can be bundled together to make a plan that is the right fit for each company.  Commercial insurance is especially important for small businesses that can’t afford to pay for a natural disaster, workplace accident, or lawsuit. Minimize your risks, protect your business, and find the right plan today.