Running a business takes time, patience, and creativity, not to mention a strong understanding of finance. As a business owner, you know how important it is to not only generate revenue but to also protect that income with insurance that covers the hazards and risks you face in your industry on a day-to-day basis. At First National Insurance, we work with businesses of all sizes to develop commercial insurance portfolios that support the company’s unique financial plan. Not to mention, as an independent agency, we can shop and compare coverage from multiple insurers with the goal of keeping your costs low to maximize your profits.
We can serve many different types of businesses and industries, including:
- Short-Haul Truckers
- Long-Haul Truckers
- General Contractors
- Specialty Contractors
- Boutiques and Retail Shops
- Fuel Stations
- Tech Workers/Shops
- And more
Types of Available Commercial Insurance Coverage
Commercial entities usually require multiple lines of insurance, which can vary depending on the size and type of business. Some may even require policy add-ons and endorsements depending on the industry and its risks. An agent at First National Insurance can help you sort through your options and determine which lines of coverage are right for you. These often include:
This type of coverage protects most of the property your business owns, including your business structures, equipment, computers, furnishings, signs, and more. It typically covers damages caused by specific events, such as fire, smoke, lightning, wind, hail, theft, and vandalism.
Business Interruption Insurance
This insurance helps cover the interruption of your cash flow when your business is forced to close or reduce operational output due to a covered reason. It can help you pay your ongoing business expenses until you can resume normal operations again.
General Liability Insurance
This insurance covers your business against claims of negligence or liability for a customer or other third-party’s injuries, property damages, and other losses. It can pay for legal defense fees and court costs, as well as settlements and judgments up to the limits of your policy.
Workers Compensation Insurance
This insurance covers workers for injuries sustained on the job, regardless of who was at fault for the incident. It can cover lost wages and pay for medical bills and recovery costs. It can also minimize the risk of an employee suing your business for injury-related damages.
Commercial Auto Insurance
If your business owns one or more vehicles, you may need commercial auto insurance to protect you against accident-related liabilities and to cover your vehicle against damages caused by collision and other covered events.
Professional Errors Coverage
If you work in a professional field, such as accounting or as a lawyer, you need insurance that protects you against third-party losses caused by professional errors or omissions.
Small Businesses BOP Insurance
If you own a small business, whether an established family shop or a new venture that is still in the start-up phase, we have insurance options customized to fit your needs. Since many small business owners have similar general risks, we often recommend a business owners package (BOP Insurance) to help simplify commercial coverage and potentially lower the cost of premiums. BOP Insurance rolls several common coverages like general liability, business interruption, and property insurance into one policy. Ask your agent if BOP Insurance could be right for you.
Wisconsin Business Insurance Quotes
If you own or manage a business in Park Falls, Wisconsin, or the surrounding areas, we want to help you insure your company’s income and assets. Contact our office to discuss coverage options and request your quotes today.