Business Insurance
Instant coverage designed for small businesses and the self-employed
Congratulations on your business. We know that running a business has it's challenges. From payroll to taxes to marketing your hands can be pretty tied down.
That is why we here at Bennett Financial take the stress off of you. Business insurance protects you from expenses that can take you by surprise after an accident or mistake involving your business property, your employees or your customers. With business insurance you can focus on what's important... Your Business.
What is Business Insurance?
The idea of small business insurance is simple:
Chose a plan that makes Sense for your Business
We know that every business is different. A few employees of a few thousand. A business store or working from home. Every business is unique that's why we help tailor specific plan to your business.
Chose a plan that is affordable.
With every insurance you'll have a premium. (A set amount you pay for coverage) These plans are customizable and should be designed budget friendly. We do NOT want to take profits away from your business!
Run your Business with piece of mind.
Now that you have a plan tailored to your business needs and matches your budget, your can run your Business with piece of mind.
Different types of Business insurance
Liability Insurance
Stage 1 Coverage
General liability insurance is typically the first kind of insurance bought by business owners as it also helps your business cover the costs if you or an employee accidentally damage someone’s property.
Product Liability insurance — which is included in general liability insurance — can protect your retail business from having to pay for legal fees if a customer says that an issue with your product caused them injury or property damage.
Professional liability insurance can help protect you from claims of work mistakes or negligence. This coverage is also known as errors and omissions (E&O) insurance.
Commercial Insurance
Stage 2 Coverage
Commercial property can help protect almost all of the physical items you need to do business. It can pay for replacement costs for your business equipment, goods, inventory and repairs to your building (if you own it) up to your policy limit.
Commercial auto insurance is for business owners who own or drive vehicles. It can help pay for damages if you or an employee are involved in an auto accident while working or your work vehicle is damaged.
Business Owners Insurance
Stage 3 Coverage
Business owner’s policy (commonly known as BOP insurance) combines general liability insurance and commercial property insurance into one package that includes all the coverage available in those two types of insurance.
A BOP is a comprehensive way to protect your business from unexpected expenses related to property damage, medical payments and lawsuits.
Workers’ compensation insurance covers workplace injuries.
If an employee gets hurt on the job, it can pay for medical expenses and help cover lost wages. You can also cover yourself if you opt for business owner’s coverage.
It’s almost always required when you have employees.
Prices of Business Insurance
Picking a plan for the right price is key.
Small business insurance costs can vary tremendously. That makes sense, since a yoga teacher needs different coverage than a handyman or a financial advisor.
For some low-risk professionals, like personal trainers, prices start at just $11 per month, while the cost of small business insurance for roofers or welders who work on dangerous projects can be much higher.
While it can be difficult to give a precise small business insurance costs estimate (the best way to get the information is to get a quote for your business), we can tell you about some of the factors that help determine what your small business insurance will cost.
Liability
Typically the first kind of insurance bought by business owners as it also helps your business cover the costs if you or an employee accidentally damage someone’s property.
As low as. $9.99
Per month
Business
A comprehensive way to protect your business from unexpected expenses related to property damage, medical payments and lawsuits.
As low as $39.99
Commercial
Help protect almost all of the physical items you need to do business. It can pay for replacement costs for your business equipment, goods, inventory and repairs to your building (if you own it) up to your policy limit.
As low as $29.99
Per month
Business Insurance and it's importance
Business insurance is crucial for protecting your business from financial losses.
Without insurance, an accident or mistake could keep you from reaching your goals and threaten the survival of your business.
That’s a scary thought, but it’s a very real factor for many businesses if you consider the average cost of a liability lawsuit can easily reach $50,000.
Business insurance gives you the protection you need to confidently focus on growing your business and serving your customers.
We’re here to help you at every step.
Getting a quote
Contact info
Headquarters: Chattanooga, TN 37405
(423) 598-6657
Help@BennettFinancial.org