Do Commercial Insurance Policies Automatically Include Workers’ Comp Coverage?

Businesses with employees are typically required to have workers’ compensation coverage. The main, and often only, exception is if a person is self-employed or a sole proprietor. You don’t have to obtain or keep workers’ comp coverage for yourself. If you have a larger business, you can face business closure or heavy fines if you’re caught without it. That’s why it’s important to understand how your commercial insurance in Pooler, GA works. 

Is Workers’ Compensation Included?

Typically, workers’ compensation is not automatically included in your commercial policy. Most policies bundle property coverage and general liability insurance together for business owners. Other companies may work with you to create a customized bundle that includes all the commercial coverage you need. It’s important to work with an agent at TruePoint Insurance to ensure you have the necessary coverage. 

Other Types Of Coverage You Need

Business owners need more than just workers’ comp coverage. You also need general liability coverage, which can help if you’re found at fault for an incident, such as if a customer slips on your floor and there wasn’t a wet floor sign. 

Property coverage can help pay for damages to your property if there is a covered peril, such as a natural disaster or fire. Many policies will also cover inventory replacement costs. 

You may need additional property coverage for certain natural disasters. Many policies exclude tornadoes and floods, so it’s important to consider which disasters you’re at risk for. 

Commercial auto policies are crucial if you use a vehicle for business. If you’re caught using a vehicle for business without proper coverage, you can lose your license or get slammed with large fines. If you’re in an accident, your insurance company can deny your claim. 

Working with an agent here at TruePoint Insurance is the best way to ensure you have the coverage you need. Contact us today. We’re currently serving the Pooler, GA area.