Phil Klein Insurance Group serves the West Bloomfield, MI community. We are an independent insurance agency. We strive to make sure that our client’s needs are met regardless of their situation. We offer our clients flexible policies that evolve over time as their needs change. We work with multiple carriers throughout the Midwest.
Commercial Insurance Risks To Avoid
Commercial insurance gives you a safety net as you handle the daily rights and responsibilities of operating your West Bloomfield, MI business. The policy covers all of your physical property and inventory if it is stolen or damaged. Liability coverage protects your business if one of your customers is injured while visiting your business or using your products. Worker’s compensation protects your business if one of your employees is injured in the workplace. While you analyze which policy is the right fit for your business, avoid these common commercial insurance risks.
Data Breaches
Online transactions happen regularly in today’s marketplace. While technological advancements are an asset, they also come with a lot of risks. You may have your customer’s information stored on your database. This includes sensitive numbers such as credit card numbers and addresses. Hackers attempt to steal this information. Cyber liability coverage can protect your business if you suffer a data breach.
Natural Disasters
Natural disasters such as tornadoes and snowstorms can cause significant damage to your business. Business interruption coverage protects you if your business has to shut down for a few weeks in the aftermath of a natural disaster.
Auto Accidents
If you use vehicles to help operate your business, you need commercial auto insurance. Commercial coverage is the only way to protect your business if you are involved in an auto accident while you are on the job.
Phil Klein Insurance Group Will Help You Protect Your Investment
Visit our website to learn more information about commercial insurance.
