Insuring your business is an essential part of your entrepreneurial success. It’s also an important part of your financial plan, as it protects your assets and earns you money. Small businesses’ insurance needs are different from those of large companies. That’s why it’s important to talk to a business insurance agent in Delray Beach about what type of insurance is right for you. Here are some things you need to know before buying an insurance for your company.


1. They are Tailored to the needs of the Business


Our business insurance agent in Delray Beach will review your business’s financial information and determine if any of your coverage options are suitable for your specific type of business. If a policy is not suitable for you, you can switch to a different policy.


2. The Insurance is Designed to Protect Your Assets


The types of business insurance in Boca Raton you need will depend on your assets and the type of business. For example, you’ll likely need to purchase restaurant liability insurance if you own a restaurant. The more valuable the assets in your business are, the higher your premium will be.


3. Your Business Insurance might include other types of Coverage


If your business is a sole proprietorship or partnership, it might not be covered by standard commercial insurance policies. In that case, you might need to purchase different types of coverage, such as general liability insurance or Errors and Omissions (E&O) coverage, to protect yourself from lawsuits related to an accident or error at your business.


4. The Policy will be Renewed Yearly


When you have business insurance in Boca Raton or Delray Beach, you’ll need to renew your policy every year unless it has a built-in automatic renewal clause. Some companies usually offer automatic renewals as an incentive to get customers to renew their policies.


5. It Protects Your Company from Financial Loss


Most business insurance policies include a deductible because the policy only covers a certain amount of money. If you suffer an accidental or intentional loss, you’ll still be responsible for paying the deductible.


6. Your Business Insurance might include a Deductible


A deductible is usually a fraction of the amount you’re insured for. For example, if your policy covers $100,000 of losses and it has a deductible of $1,000, then you’ll have to pay the first $99,000 before your insurance company will pay anything.


7. You can get Business Insurance Online


If you need business insurance in Delray Beach and aren’t sure where to start, some great resources can help you find the policy that suits you the best. Most companies will offer free quotes online through their websites before considering selling you coverage. You have to provide some basic information about your business and ask about coverage for accidental and intentional harm.




There are many different types of business insurance, so it’s important to get the right policy for your needs. It can be overwhelming and confusing if you’re new to the insurance world, but with a little research and spending a little time on the phone with your agent, you can find the perfect coverage for your business. Contact our professionals today to find out more about the best business insurance in Delray Beach or Boca Raton.