Commercial Insurance
If you are about to start a business in Louisiana, don’t forget about commercial insurance from Chabert Insurance Agency LLC. You may have business acumen, but predicting risks is a different ballgame altogether. And since forecasting risks is almost impossible, you need a sound commercial insurance policy to protect your business when the unexpected strikes.
Mandatory commercial insurance in Louisiana
Like most states, all businesses are required to invest in worker’s comp insurance in Louisiana. This coverage covers employees’ medical costs for illnesses and injuries sustained in the workplace. Also, businesses with vehicles require commercial auto insurance. Your typical personal auto insurance won’t cover your car if it’s carrying out commercial errands, even if it’s for pizza delivery.
Optional commercial insurance coverages
While these coverages aren’t mandatory, they come in handy to ensure your business can stand the test of time. They include:
- General liability insurance: This coverage may not be mandatory, but it’s a must-have for any business. It protects your business from advertising injury, property damage, and bodily injury. It also covers your business if sued.
- Umbrella insurance: It offers extra liability protection when your general liability insurance runs out. When faced with significant liability claims, umbrella insurance picks off from where your typical liability coverage leaves off.
- Property insurance: This policy covers your assets, including inventories, buildings, furniture, computers, and so on. To ensure that all your assets are protected, maintain an updated asset list to ensure nothing is left out.
- Cyber liability: Since hackers are always targeting businesses, you need cyber liability insurance to help you recover when malicious online activities hit your business.
- Flood insurance: If your business is located in a flood-risk area, you need flood insurance since typical commercial insurance doesn’t cover floods.
- Professional liability insurance: If you offer professional advice, you need this coverage to protect you when you are accused of negligence or missed deadlines.
Are you shopping for commercial insurance in Louisiana? Consider Chabert Insurance Agency LLC for all your commercial insurance solutions.
