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As a small business owner in High Point, NC, you’re no doubt concerned with protecting your commercial enterprise every step of the way. Having the right insurance policies in place is crucial, and the insurance agents at the Phillip Kent Beck Agency have the skill and knowledge necessary to provide your business with the comprehensive coverage it needs. This includes the following three policies, which can help protect your best interests as a business owner.

Workers’ Compensation Insurance

insuranceWorkers’ compensation policies provide funding in the event one of your employees suffers from an injury while working. All states require that businesses have a worker’s compensation policy in place if your enterprise meets certain standards (which most companies meet). Additionally, you could face legal action if such a policy is not in place, particularly if your employee chooses to sue for damages (workers’ compensation policies prohibit employees from suing for injuries occurring on the job).

General Liability Insurance

A general liability policy can cover injury or property damage incurred by a third party as a result of your business. These policies will greatly mitigate the financial fallout associated with injury lawsuits and are essential for your business to remain financially stable.

Property Insurance

If you own the building that houses your business, having property insurance in place is imperative. Property policies can also protect those who rent spaces but wish to protect property necessary for the course of business (such as computers and office equipment). You may also consider implementing business interruption coverage that will provide funds if you are unable to operate due to property damage.

When life gets rough, the Phillip Kent Beck Agency can provide the coverage you need to protect what matters most. Clients in North Carolina can receive an insurance quote today by calling (336) 434­-2111. You can also visit this company online to learn more about the many great services available.

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