Business Insurance in Seattle, WA
Disasters and unexpected setbacks can strike without warning and seriously disrupt your business. Recovering from the financial impact of such events can be overwhelming, potentially halting operations and affecting everyone who depends on your services. That’s where business insurance can help cushion the blow and support an efficient return to normal circumstances.
How Much Business Insurance Do I Need? 
Business insurance often includes various coverage types tailored to financially protect different aspects of your company. Your insurance portfolio should be built around how your business operates and needs to align with your financial goals.
What Does Business Insurance Cover?
A well-rounded business insurance plan often includes the following:
- General liability insurance may offer financial support if someone is injured or their property is damaged due to your operations. It can also cover third-party personal injury claims, such as slander or libel.
- Professional liability insurance may cover legal costs if a client claims your services were inadequate, negligent or failed to meet expectations.
- Workers’ compensation insurance may pay for medical expenses and lost wages if an employee gets hurt or becomes ill due to their job. Coverage may also provide financial aid if affected workers file lawsuits arise against your business.
- Commercial auto insurance may reimburse you for repairs, replacements or liability costs resulting from accidents, theft or other covered events that involve vehicles used for company purposes.
- Business property insurance may compensate you if a covered event damages your company’s physical assets, such as buildings, equipment and inventory.
- Business interruption insurance may cover expenses, such as rent, payroll and lost income, if your business shuts down temporarily due to a covered event.
How Much Does Coverage Cost?
Business insurance costs can differ widely based on the specific coverage you choose and the level of risk associated with your operations. Your industry, location, workforce size and claims history may all influence your rates.
At Threshold Nosh and Dwell, we’ll help you find a policy that delivers financial protection according to your budget and needs. Contact us today to learn more.