When you open your business, you know you need insurance, but what type of commercial insurance do you need? Let Nest Insurance Agency answer that. Contact our office for a commercial insurance consultation on your Amarillo, TX business, and we’ll help you determine which of the more than 20 types of commercial policies your business needs.
Starting with a BOP
Many businesses start with a business owners policy (BOP) and build onto it with various options specific to their own business. These policies vary by the type of business or the structure from which the business operates.
For example, you buy a building with plate glass windows. Your insurance agent would likely recommend glass insurance to specifically insure the windows.
More Than 20 Types of Policies
You’ll have more than 20 types from which to choose when building this policy, so your agent will help by pointing out the policies that make the most sense for your business type.
For example, a home-based business needs a policy designed specifically for that business type, while a doctor’s office would need malpractice insurance.
Choosing the right policies means knowing the typical risks of the business. The major types of commercial policies include the following:
- liability insurance
- boiler insurance/mechanical breakdown coverage
- glass insurance
- debris removal insurance
- builder’s risk insurance
- inland marine insurance
- errors and omissions insurance
- business interruption insurance
- ordinance or law insurance
- tenant’s insurance
- crime insurance
- fidelity bonds
You can also add umbrella insurance to any policy that already has a liability policy.
Contact Nest Insurance Agency
Contact Nest Insurance Agency serving Amarillo, TX today for more information or to make an appointment for a consultation.
