Category: Insurance

Owning your own business is a dream many people share. One way to keep it from becoming a nightmare is to protect yourself with commercial insurance. Owning a business comes with a lot of risk. Being able to mitigate some of those risks is essential for your peace of mind.

At F.I.R.E. Leaders Financial, serving Eagan, MN, we are independent insurance agents, and we take our duty to our customers seriously. We understand commercial insurance, and we will help make sure your business has the right coverage.

Commercial Building Coverage

Commercial building coverage is more comprehensive than home building coverage. It covers all the things that you need to do your business, including machinery, office equipment, inventory, raw materials, display cabinets, tools, etc. Having this insurance will help you to get back to business as soon as possible if something goes awry. 

Liability Coverage

One of the biggest risks that any business faces is being sued. Having to pay legal fees as well as a judgment against you can sink your business if you don’t have liability coverage. It will pay both your legal fees and the judgment against you up to the amount on your policy. 

Business Interruption Insurance

When your business is forced to close due to a covered peril, your income flow will dry up. You will need a way to pay bills and salaries, and make sure that when the peril is over there is still a business to operate. It is a real lifesaver in your time of need. 

If you live in Eagan, MN or nearby, you can rely on our team at F.I.R.E. Leaders Financial to provide you with the commercial insurance coverage that you need. You can reach us on the phone or through our website. 

When you operate a business from the comfort of your home, it’s easy to assume that a lot of things that apply to traditional brick-and-mortar businesses won’t apply to your own. For example, since you aren’t leasing a space, you don’t have the same concerns that a traditional business owner has … right?

While your business operations may look different, many of your concerns will be the same. Here’s why commercial insurance policies are vital for at-home business owners, and why you should trust us at F.I.R.E. Leaders Financial, serving Eagan, MN, to help you find a commercial insurance policy for your home business.

Why Does Your Home Business Still Require Commercial Insurance?

There are many reasons why home businesses should invest in commercial insurance. These include:

• If you have employees who work remotely, you need a workers’ compensation policy to protect you financially and ensure they have coverage if they become sick or are injured while completing a work task. 
• Home insurance won’t cover anything business-related. If you want to defend your abode against work-related accidents, you need commercial insurance. 
• Do you sell physical products? If so, you can be on the hook if they cause an injury or property damage. If you want to avoid business-ending financial repercussions, you’ll need a commercial insurance policy. 

Protect Your Business With F.I.R.E. Leaders Financial

There are plenty of reasons to get commercial insurance, even if your business is stationed in your home. If you need coverage, you can get started with us here at F.I.R.E. Leaders Financial, serving Eagan, MN, and the surrounding areas. Compare commercial insurance quotes with us!