Commercial Insurance in South Carolina

South Carolina business owners use commercial insurance to protect their assets against business disruption, financial hardships, litigation, and natural disasters. You can become overwhelmed if a customer slips or a vendor claims negligence. State law requires workers' compensation coverage for businesses with at least four employees. However, most other types of insurance are voluntary. At B&A Insurance & Multiservices LLC, we can help you determine the most important coverage for your organization.

Types of Commercial Insurance in Summerville, SC

Do you want to customize your business insurance to match the risks associated with your industry? Your insurance agent can provide a detailed quote for professional liability, general liability, and other coverage types.

Here are a few of the most common options that benefit businesses in South Carolina.

General liability insurance protects you against bodily injury and property damage due to events that take place in your business or while you're conducting business elsewhere.

Commercial auto coverage pays for damage to your commercial vehicle or fleet of cars, trucks, vans, and trailers. It also covers medical expenses for employees operating these vehicles during the workday. Note that your personal car insurance probably won't cover accidents involving business activities.

Workers' compensation is required by state law. However, you need a local expert to advise on the best coverage for your employees and business. If an employee becomes ill at work or injured while performing work duties, they're covered by workers' comp insurance.

A Business Owners Policy (BOP) covers your business for property and liability insurance. Many small companies choose BOP insurance, especially if they rent rather than own their commercial space.

Professional liability, also known as errors and omissions insurance (E&O) coverage, protects you against potential mistakes. If you're a lawyer, real estate agent, accountant, or similar professional, you would probably benefit from E&O insurance. It handles legal expenses related to accusations of professional negligence.

Cyber Insurance protects you from cyber-attacks and data breaches. It may cover data recovery, investigative services, and legal costs. Do you store or manage customer information, such as credit card numbers? If so, you may need this coverage.

Contact B&A Insurance & Multiservices LLC to set up an appointment to discuss your commercial insurance needs in Summerville, SC.