Insurance for New Businesses

Start up businesses in Vancouver and Portland are exposed to a wide variety of issues including business insurance, risks, and concerns. There are many different decisions that, as a new business owner, you need to make, and selecting the right commercial insurance is one of them.

The first thing you need to do is hire the right agent to help you through the process of obtaining the right kind of commercial insurance. We recommend you choose an independent agent to help you. Independent agents have access to many different markets and can provide the right combination of commercial insurance products and services.

The purchase of business insurance is an essential investment for business owners. Insurance policies protect the business from the financial consequences of accidents and mishaps that could erode profitability and threaten continuity of the operation.

Here are the kinds of risks to which your business can be exposed:

Property- Damage or loss of buildings and equipment

Liability- Injury or claims from customers or other third parties

Workers' Compensation- Injury to employees as outlined by state statutes

Automobile- Direct damage to your vehicles and liability for the operation of your vehicles

Insurance for business operations is complex, and when considering the purchase of insurance it's vital to take into account all of the risks that face a business. It is also important to remember that insurance needs change over time as a business grows or diversifies its operations.

Commercial insurance is one of the most important products a new business needs. Our agency can help you review your risks and guide you through the process of securing the right combination of coverage and price. 

Prevent Burglaries

The majority of burglaries do not involve violence or the use of a weapon, but victims do feel traumatized for months after a break-in. Most people don't fully recover emotionality or financially.  The average dollar loss from a burglary in the United States is just over $2,000, and there are over 2 million burglaries in the US every year. The good news is about 80% of burglaries are considered preventable.

The most common items stolen include:

• Cash
• Cars
• Art
• iPads and another high tech items
• Computers
• Jewelry
• Guns
• Drugs

Facts- These might surprise you! Provided by "Protect your home"

1. The typical burglar lives within 2 miles of the victim
2. Homes in the center of the block are more likely to be burglarized than corner houses
3. Most burglars are under age 25
4. Almost all (95%) burglars are male
5. A home without a home security system is three times more likely to be broken into

Prevention Tips 

• Get a security system
• Limit landscaping close to your house
• Don't advertise your vacation on social media
• Leave lights on when gone
• Always lock your garden sheds and garages
• Use a variable light timer to activate lights inside your home
• Lock your doors and windows
• If you gone, arrange for your lawn to be mowed
• Don't let papers or mail pile up
• Have adequate exterior lighting

A properly designed homeowner's insurance policy can provide financial security in case you have a loss. Call us today for a free review. We offer competitively priced homeowners insurance with many options.