The right insurance is a critical part of your business’s financial planning. It can help you avoid expensive losses and liabilities that can affect your company’s bottom line. However, business needs can change over time, and the insurance you have today may not be suitable for your current operations. At Gessel & Associates Insurance Agency in Columbus, OH, we offer a broad range of commercial insurance policies to meet every business need.

Types of Commercial Insurance You May Need

Businesses can choose from many different types of commercial policies. Some insurance is mandatory, such as workers’ compensation insurance to cover employees who are injured on the job, or property insurance to cover your business building if you have a mortgage. General liability insurance is often required to do business with other companies. Other types of insurance may be recommended, such as product liability insurance, key personnel insurance, or professional insurance. As your business grows and evolves, you may need to add additional insurance coverage.

Common Changes That Can Affect Your Insurance Needs

You may start your business with only yourself working, but you may add workers as the business becomes established. This would require workers’ compensation insurance. You may start out renting a property for your place of business, but later buy property, necessitating property insurance. If you develop your own product, you will need product liability insurance. You may also decide to protect your revenue stream with business interruption insurance. A periodic review of your insurance needs can help clarify the type of coverage that is advisable.

Choose Gessel & Associates Insurance Agency for Your Commercial Insurance in Ohio

A thorough assessment of your business operations can help you make the right insurance decisions for your company. Our experienced advisors in Columbus, OH can provide detailed answers to your questions regarding coverage. Contact Gessel & Associates Insurance Agency today for a no-obligation quote on commercial insurance and to learn about acquiring the right policy for your business’s changing needs.