Commercial Insurance in North Carolina
Selecting insurance coverage is an important decision for a business owner. The right coverage can help keep your business afloat in the event of a catastrophe. Commercial insurance from Tarheel Insurance Group offers protection against theft, fire, vandalism, and other disasters. Here’s how commercial insurance works to protect your Wilmington, NC enterprise.
At Tarheel Insurance Group, we recommend BOP coverage for small businesses in the Wilmington, NC area to provide the basic protection they need. This protection includes:
Property – Property insurance to protect your office, shop, or warehouse against perils that can damage or destroy your building. It also protects your business equipment and inventory. BOP insurance protects you against common business risks like fire, vandalism, severe storms, hail, lightning strikes, and other disasters.
General Liability – Liability insurance protects your business against accidents that may occur on your business site. If someone were to have an accident while visiting your shop or office, you would be responsible for their medical costs. Liability insurance protects your business assets by paying these costs. It also pays for accidental damages to a customer’s property.
Business Interruption – If your business has to close down temporarily due to disaster damage, you could suffer financially due to loss of revenue. Business interruption insurance covers loss of revenue, payroll, and other business expenses to make it easier for you to recover.
If your North Carolina business needs specific protection due to its makeup, you can add this coverage to your BOP. This may include:
Worker’s Comp – to protect your workers against injuries on the job. If your business employs three or more workers, you are required to carry workers comp coverage by law.
Commercial Auto – to cover vehicles that are used for business purposes
Cyber Insurance – to protect your business against data breaches
To purchase a commercial insurance policy for your North Carolina business, contact the insurance specialists at Tarheel Insurance Group.