
Upgrading Your Insurance Coverage To Reflect Growth
As a small business owner, you must consider your new insurance needs as your company begins to grow. This is good news! As you become more successful however, you will need to consider upgrading your coverage when the following milestones occur:
- Setting up a board of directors calls for extra liability coverage. To ensure that any legal issues are covered, you will want to obtain a directors and officers liability insurance policy.
- If you are now moving out of your home-based office and into a commercial property, you will need to obtain commercial property insurance. This ensures that your investment is adequately protected.
- Offering a new product or service? You may want to look into enhanced liability insurance to protect your increased inventory.
- If growth of your business is now requiring that you utilize vehicles to complete business operations, you will need to seek commercial auto insurance protection. This ensures that your vehicles are protected as well as your employees that are operating those commercial vehicles.
Contact Risk Management LLC in Brookfield for all of your Wisconsin business insurance needs. Allow us to help!