How Does Commercial Insurance Benefit Your Business?

Abney Insurance is pleased to offer commercial insurance to our business owners in the greater Winter Garden, FL area. Every business should have commercial business insurance, though the types of coverage they need can vary from business to business.

Here are a few of the ways that commercial insurance can benefit your business:

Protects Against Lawsuits

Commercial insurance can protect you against lawsuits. If someone slips and falls on your property or sues your business for breach of contract, the insurance will step in and help supplement the attorney’s fees, ensuring a lawsuit does not destroy your business. 

Covers Employees Who Are Injured On the Job

Commercial insurance typically includes workers’ compensation insurance. This type of insurance policy helps to pay for lost wages, medical expenses, and monetary compensation for permanent injuries that employees may face due to injuries they sustained on the job due to accidents. 

Guards Against Property Damage

Commercial insurance protects against property damage and property loss. This includes coverage for vandalism, theft, and some acts of God, such as fires. 

Helps When the Unexpected Prevents You From Doing Business

Lastly, if your business has to unexpectedly shut down, commercial insurance may help to cover the lost revenue that your business would have made during those days. This typically occurs if there is a public emergency, such as a fire or earthquake, or if your building caught on fire. 

Get Coverage For Your Business Today

Commercial insurance can benefit your business in a number of different ways, depending on the specific items you decide to cover with your commercial insurance policy. If you are in the market for a new policy in the greater Winter Garden, FL area, Abney Insurance would love to help. Reach out to us today to learn how to get started. 

How Often Should I Review My Home Insurance Policy?

At Abney Insurance, serving the greater Winter Garden, FL area, we can help residents purchase a home insurance policy. One of the questions our customers often ask us is how frequently they should review their home insurance policy to ensure it still meets their needs. Here is the answer to that question. 

After Completing a Home Renovation or Remodeling Project

After completing a home renovation or remodeling project, the home’s size, layout, and materials used in your home may change. A home insurance policy helps cover the cost of returning your home to its pre-accident state after an unexpected event occurs. Home renovation or remodeling project costs can change with the value of your home. You will want to bring it back to its pre-accident state, which means you may need more coverage.  

When It Is Time to Renew Your Home Insurance Policy

Additionally, it is highly recommended that you review your home insurance policy at least once a year. Most people think about this when it is time to renew their home insurance policy. This can be a great time to review your policy and ensure it still meets your need while pricing out new policies to ensure you are paying a fair and competitive amount for the policy you currently hold.  

If you have recently completed a home renovation or remodeling project, or if it is time to renew your home insurance policy, Abney Insurance, serving the greater Winter Garden, FL area, can review your home insurance policy to ensure your policy still meets your needs. Call us today to schedule an appointment.