I don’t have any employees and my business is online. Do I need commercial insurance?

Most businesses can benefit from some form of protection and insurance. However, you and your needs and preferences are the best determinants for the type of insurance coverage you need. Our San Antonio, TX team at LeapFrog Insurance is committed to helping businesses get the necessary insurance coverage. 

What is Commercial Insurance?

Commercial insurance is designed to provide protection for businesses through coverage for the business itself and the company employees. Businesses can be like fingerprints, each unique in its own way, even if there are similarities between businesses. Fortunately, commercial insurance isn’t a one-size-fits-all type of insurance. Commercial insurance is designed to meet a business’s unique and not-so-unique needs. 

I don’t have any employees, and my business is online. Do I need commercial insurance?

Online businesses aren’t exempt from problems and issues. Instead, online businesses have problems that are unique to online businesses. Commercial insurance can provide coverage that even online businesses can benefit from. Commercial insurance can protect your business transactions and services if you sell a service, product, or both. Commercial insurance can also provide liability coverage. Both financial and legal protection are benefits of commercial insurance. If you sell products online, commercial insurance can protect your inventory. For example, if you have digital/intellectual property or inventory that could be stolen or corrupted, commercial insurance can provide protection for online businesses with digital property or inventory. Commercial insurance can cover supply chain problems, job-related injuries, and liability claims and problems. Even if you don’t have employees, commercial insurance can provide protection for you as a sole business owner. You are your own employee. If you have questions about the benefits of commercial insurance, call us. We can help you explore your options.