Brushing Up on Commercial Insurance in Kenmore

Brushing Up on Commercial Insurance in Kenmore

When it comes to commercial insurance in Kenmore, many business owners have questions. Here are answers to three common questions to help you make informed decisions about your insurance needs.

What Does Commercial Insurance Cover?

Commercial coverage provides protection for various aspects of your business. Coverage typically includes:

  • Property damage: Protects your physical assets, like buildings and equipment.
  • Liability insurance: Covers legal fees and damages if your business is sued.
  • Workers’ compensation: Provides benefits to employees who get injured on the job.
  • Business interruption: Covers lost income if your business is temporarily closed due to a covered event.

How Much Does Commercial Insurance Cost in Washington State?

The cost of a commercial policy varies based on several factors:

  • Industry type: Higher-risk industries may face higher premiums.
  • Business size: Larger businesses typically pay more due to greater risk exposure.
  • Coverage amount: Higher coverage limits will increase your premiums.
  • Location: Specific risks associated with your business location, like natural disasters.

On average, businesses in Washington pay an average of $1000 per year per million dollars worth of coverage.

How Can I Save on Commercial Insurance?

To save on commercial coverage, consider these tips:

  • Bundle policies: Combine multiple types of insurance with the same provider.
  • Increase deductibles: A higher deductible can lower your premium.
  • Implement safety measures: Reducing risks can result in lower premiums.
  • Regularly review policies: Ensure you’re not overpaying for unnecessary coverage.

American Insure-All® helps 97% of its customers save on their insurance needs. For quality, personalized insurance in Washington state, contact American Insure-All®.

Ready to get started with commercial insurance in Kenmore? Call American Insure-All® at (888) 411-2886 today to find the best policy for your business.