Category: Commercial Insurance

At Covenant Insurance, we want our customers in Pooler, GA, to enjoy the commercial insurance coverage they need. Your business insurance should provide coverage without padding or leaving anything out. A business owners’ policy (BOP) combines the four most commonly needed commercial policies in one insurance package at a lower premium than purchasing them separately would cost. A BOP offers a superb deal to businesses that qualify for it.

Applying for a BOP

Small and mid-sized businesses may qualify for a BOP, but large businesses and corporations cannot. If you’re a solopreneur, a BOP also isn’t for you. Apply for a BOP if your business meets the following criteria: 

• You only need business interruption coverage for one year.
• You operate a business in a commercial space, such as a retail store or a similar space. It’s not for those who operate a home business. 
• Your business employs between one and 100 individuals.
• Conducts the majority of its business on its premises.
• Owns assets that a thief could steal.
• Generates less than $5 to $10 million in sales annually. 

The final criteria vary by insurer. Ask your Covenant Insurance agent for the maximum sales figure for a BOP. 

If Your Business Doesn’t Qualify for a BOP 

If you don’t qualify for a BOP, you can still obtain the liability, business property, and business interruption coverage you need for your Pooler, GA business. You can purchase each type of coverage separately.

Contact our insurance agency today to build your custom commercial policy. Let us help you appropriately cover your Georgia business assets and protect your financial security.

When you’re in the planning stages of starting a business, there are a lot of future concerns to consider. One of those is contingencies, your backup in case things don’t go exactly as planned. You might set aside some of your funding as a resource to call on if needed. Perhaps a shipment is delayed, there’s a vehicle accident or a key person on your team is unable to work for a while. At Covenant Insurance, we can help your company in Pooler, GA cope with the unexpected by adding commercial insurance to your business plan, freeing up more of your capital for the exciting work at hand.

Add Risk-Experienced Professionals to Your Team

To help you manage risks as your business is getting off the ground, insurance provides a double benefit because it draws in experts in managing risk. They can help you get the most out of your commercial insurance coverage and give your company a boost with expertise you’ll appreciate. Instead of worrying, you can get help preparing your expectations for variables in your business future, up to and including the weather.

Consultations Even Before You Open Your Doors

Placing the details of your insurance coverage in your business plan helps provide a solid foundation that reduces the "what ifs" that you consider unknowns, giving you a more solid feeling about the future. Your Pooler, GA business’ future is supported by carefully selected coverage and planning that helps you adjust the coverage in the future in response to your growth and success. Stay connected with insurance and risk experts who have helped many other companies to wisely use coverage as they start up and grow. Just give us a call at Covenant Insurance today, and see how!

Owning a small business comes with many risks. Data shows that almost half of all businesses will fail within the first five years and by the time you get to 10 years, the number is up to 75%. In order to give your small business the best chance of making it, you need to have the right commercial insurance to protect it. At Covenant Insurance in Pooler, GA we want you to succeed, and we will do everything we can to help you to protect your business. 

Why Commercial Insurance?

Commercial property insurance

Commercial property insurance is a very valuable type of coverage. It not only protects the building, it protects the content. This means even if you don’t own the building, this coverage is for you. It will help to replace all the things you need to do business. Your machinery, inventory, office equipment, raw materials, display units, tools, and a lot more will all be covered. It will allow you to get back to doing business much quicker. 

Commercial liability insurance

Small businesses get sued, it is a fact. You can expect it to happen to your business and if you do not have adequate coverage you could be forced out of business. Commercial liability insurance will pay the judgment and legal fees to help you get back to doing what you do best. 

Workers compensation insurance

If you have three or more employees, whether they are full or part-time, or seasonal, they need to be covered by workers’ compensation insurance. This is good for you as a small business and also good for your employees. If one of your employees is hurt on the job, they will be covered by medical care. 

Reach Out To Us!

Contact Covenant Insurance in Pooler, GA and let us help you to protect your small business with the right commercial insurance. 

Commercial insurance is a special type of property and liability coverage that businesses buy for their operations. This includes the building(s) they occupy, equipment or machinery on-site, inventory held at the place of business, and any other items necessary for conducting normal activities.

The right policy can help prevent major setbacks in your company’s growth because it will protect against many types of risks that could be devastating to the enterprise. Covenant Insurance in Pooler, GA provides the following guide in navigating setbacks through your commercial insurance coverage.

What if My Business Needs Change?

If your business needs change, you should review your policy to ensure the coverage still meets your needs. For example, if you move to a new location, you’ll want to add coverage for the new building. Or, if you add a new piece of equipment, coverage may need to be adjusted to account for it. If you’re not sure what changes you should make, talk to a Covenant insurance agent in Pooler GA, who can help you tailor a policy that fits your unique business.

Making sure your company is fully insured is important for two reasons. One is that it helps protect your business profits. Without insurance, taking care of the resulting damages could cause serious financial problems for your enterprise. Second, it ensures that you are abiding by any contractual obligations you’ve made with vendors or customers who require proof of commercial general liability coverage before doing business with you.

Remember, commercial insurance is not just for large businesses. Many small businesses will benefit from having commercial property and liability coverage.

Contact Us Today

No matter what your business is, commercial insurance is a vital part of protecting it from unforeseen risks and potential disasters. Make sure you have the right policy in place to keep your business running smoothly. Are you looking for reliable commercial insurance in Pooler, GA? Covenant Insurance has you covered! We can help you find the right policy to suit your business’s unique needs. Contact us today for a quote!