Though running a business without insurance is tempting, it isn’t worth the risk. Even going a single day without insurance has the potential to ruin your business. This is your inside look at what happens if you skip insurance when conducting business, courtesy of the professionals at C & H Insurance Associates, LLC, serving South Carolina and Georgia.
Why Commercial Insurance is Worth Every Penny
Operate your business without insurance and you’ll be at the mercy of our highly litigious society. Let’s face facts: people will sue for even slight perceived wrongdoings.
Anything from an unaddressed water spill on your store floor to a parking lot pothole and beyond can lead to legal action. If your business isn’t insured, there’s a chance it’ll be forced to close after an unfavorable court award in favor of a plaintiff.
Minimize Your Liability
Between property liability on-site to general liability and beyond, business owners face considerable risk. C & H Insurance Associates LLC offers commercial insurance for businesses in South Carolina and Georgia to minimize that risk.
Why put your business on the hook for a potentially significant payout when you can pay reasonable monthly premiums to pool risk?
Risk is pooled to minimize potential losses stemming from workplace injuries, defective product lawsuits, property damage and more. Even something as simple as someone tripping on a sticky spot on the floor can lead to a financially crippling lawsuit if uninsured.
Consider Professional Liability Insurance
Professional liability insurance has the potential to be a business-saver regardless of industry or niche. This type of insurance safeguards businesses in the event that customers consider the business owner or employees to be negligent.
Keep in mind, negligence is a subjective term that differs by perspective. Even if you provide due care for customers, there’s a chance a judge will rule differently. This is precisely why professional liability insurance is a must.
Contact C & H Insurance Associates LLC
Serving South Carolina and Georgia, we mitigate risk for business owners. Give us a call to learn more.
