Accidents, property damage or third-party claims can happen anytime during business operations, so obtaining business insurance is essential. The Merritt Hall Insurance agents can walk you through your options, ensuring you get the proper coverage at an affordable price.

What Is Business Insurance?

Business insurance, or commercial insurance, is designed to provide financial protection for businesses against various risks. It typically covers the following:

• General liability insurance may help protect against third-party claims of bodily injury, property damage and personal injury that occur on your business premises or because of your business operations.
• Commercial property insurance may help cover damage to your business property, including buildings, equipment and inventory, due to fire, theft or natural disasters.
• Business income insurance, also known as business interruption insurance, may help pay for ongoing expenses if a covered event halts operations.
• Business owners policies may help combine general liability, business income and commercial property insurance into one package, often at a discounted rate.
• Workers’ compensation insurance is typically required for businesses with employees, as it can cover medical expenses and lost wages for employees injured on the job.
• Professional liability insurance may help protect against claims of negligence or mistakes in professional services provided.
• Commercial auto insurance may help cover vehicles owned by the business, protecting against liability and physical damage from accidents.
• Cyber liability insurance may help protect against costs associated with data breaches and cyberattacks, including customer notification and fraud monitoring services.

How Much Does Business Insurance Cost?

The cost of business insurance varies depending on several factors, including the type of coverage, the size and industry of the business, location and claims history. Specific costs depend on your individual business needs.

Contact Us

For tailored business insurance solutions in Indianapolis, Indiana, contact Merritt Hall Insurance today.