Commercial Insurance In Pennsylvania
As a business owner in Pennsylvania, you want to make sure that you protect your investments and stay compliant with the state. At Milestone Insurance Agency Inc, we offer our clients commercial insurance policies that provide full coverage and a variety of additional coverage options.
What is required in Pennsylvania?
Any business that has two or more employees are required to carry workers' compensation insurance for their employees. This policy is designed to protect employees who are hurt and need medical attention while on the job. Depending on the level of their injuries, workers' compensation may also provide them with a weekly stipend that is a portion of their salary while they are in recovery.
Any business that uses commercial vehicles for their services and requires employees to drive these vehicles for their job is required to carry commercial auto insurance. This is a full coverage policy that protects employees if they are injured in an accident, no matter where the fault lies.
What is recommended?
- General Liability Coverage
- Property Coverage
- Umbrella and Flood Supplemental policies
General liability coverage comes highly recommended to all business owners. This provides business liability protection if customers or public patrons are harmed or has private property damaged on your business property. Property coverage is also another type of commercial insurance that you should include in your policy. This damage happens when a tragedy beyond your control occurs in the area. Any damage that comes to your structure, equipment, furniture, or products can be replaced with this policy.
You can also supplement your commercial insurance policy with flood insurance for structural protection or umbrella insurance, which provides additional liability protection. Both options are available to protect your assets and give you the financial assistance you need in the event of a tragedy.
Call our team today!
If you would like to update a current commercial insurance policy or get a new one, our team at Milestone Insurance Agency, Inc. is ready to assist you today.