Business FAQs 

What kind of insurance does my business need?

That depends on the kind of businesses you engage in. All business need basic liability to protect them against acts of owners or employees for which the business might be considered legally liable. Professional service providers often need special liability protection. Examples might be professional liability protection for lawyers, doctors, architects or software designers. Another example is businesses that manufacture or distribute a product; they typically need product liability protection. It's always a good idea to review the kinds of liability exposures your business might have when updating or initiating an insurance program.

Businesses that own autos or use non-owned autos in the conduct of their business will probably need a business auto policy.

All businesses have property which can be divided up into several categories: office or other equipment, inventory, real property, etc. and it is a good idea to think about your ability to replace any damaged or lost property in these categories. If the possible amount of loss exceeds your comfort level, then insurance might be a good alternative.

You need to think about how long you could afford to be out of business. Insurance known as business interruption insurance, can pay suppliers, salaries and other costs you might incur even if your business income were to be interrupted by a covered cause of loss.

[ back to FAQ ]

Information provided with permission to Benton White Insurance by www.iii.org

Benton's Blog

Does Homeowner's Insurance Cover Your Home Based Business?

If you’re one of more than 38 million people working from your home in any capacity, beware: your home insurance may not provide adequate protection for your business, no matter how small. Thanks to the digital revolution, it’s never been more convenient to earn a living from your living space – but with each reward comes risk, and without the right coverage, that extra cash flow can turn from positive to negative. Unfortunately, too many at-home earners aren’t aware of the gaps in their coverage...

Mobile Apps for your Convenience!

Having convenience in the palm of your hand - 24/7 - is one of the big advantages of today's computer / mobile phone technology.  Our companies understand this and are offering some excellent mobile apps to help you navigate your insurance portfolio you have with us. Advantages of having the mobile app readily available: Pay your bills Set up and manage automatic payments Check the Status of a claim and/or view your claim history View your insurance ID Cards View your actual policy...

Do you Need a Personal Liability Umbrella policy?

We get this question alot!  For the coverage's afforded and the comfort level it could give to you and your family by spending about $200 per year for the policy, we think it's one of the easier policy decisions that our customers make.  And MANY are taking advantage of this affordable - extra layer of protection. I saw this video this morning that does a good job explaining how a Personal Liability Umbrella can help you protect your hard-earned assets for just pennies on the dollar: We...