Are you a business owner? Whether you have started a new business or have been in the market for quite some time, you should know how essential it is to purchase business insurance. Mynatt Insurance Agency has been taking care of one’s insurance needs since 1925 in the most professional and efficient manner. Right from life insurance, health insurance to commercial insurance, flood insurance, they have been providing coverage for all insurance requirements in and around Carrollwood, Lutz, Odessa, Seminole Heights, and Tampa. So, if you are an entrepreneur, you can resort to us for purchasing business insurance.
Here are 3 reasons why business insurance is absolutely essential for you.
- Legal Compulsion
Certain kinds of insurance are compulsory according to the laws of the state. Business owners are bound to provide particular types of insurance like Professional and General Liability, Bonds, Garage Liability, Errors & Omissions, Worker’s Compensation, Garage, Auto Repair shops, Builder’s Risk Insurance, Auto sales Business, Business Owner’s Policy etc. And failure to provide such coverage may result in fines and penalties, exclusion from public contracts, etc that may cost you heavily.
- Fear of Lawsuit
One accident or a broken contract can lead to a lawsuit or liability claim if your business is not protected with insurance. So, there is a high chance of you going out of business, even if you win the suit at the cost of legal defense. This is the main reason why people starting a business or running a business for some time, go for business insurance.
- Protection against Natural Disasters
Natural disasters are uncalled for emergencies that never warn you. In the case of an earthquake or a flood, how do you expect to cover the loss of your damaged property, equipment, and building? Or how do you intend to make up the money which you will lose while your business is closed during the recuperation period? It is, therefore, extremely necessary to get your business insured from beforehand.
So, without any further delay, quickly give us a call at 866-852-9470 now.
Business Insurance and Business Auto Insurance in Odessa, Carrollwood, and Lutz FL. Offering Employee Dishonesty & Performance Bonds, Liability Insurance, Utility Bonds.