If you’re a small to mid-sized business, you understand the challenges of unexpected circumstances such as a facility fire or a liability claim from an injured customer present. Such events can have a significant impact on your bottom line. This precarious position is a reality for many companies. However, there’s a silver lining: commercial insurance. This safety net is designed to protect your company in these worst-case scenarios. It’s not about fear but rather about preparation, planning, and the foresight to safeguard what you’ve worked tirelessly to establish. This very premise is why numerous businesses in the Bloomfield, NJ area trust the expert team at E.S.T.I.R. Inc. for all their commercial insurance needs.

Is Your Business Adequately Insured?

Every company contends with a unique set of risks. Successfully protecting your business hinges on accurately identifying these risks. A seasoned and professional agent can provide valuable assistance in this area. So, is your business adequately insured? Do you have inventory, assets, or property that need protection? Does your business need to plan for potential liability claims resulting from your products or services? Commercial insurance can offer the required protection.

Commercial Insurance in Bloomfield

Suppose you run a business in the beautiful Bloomfield, NJ area, and are seeking commercial insurance solutions or shopping for competitive rates. In that case, our professional team of agents at E.S.T.I.R. Inc. is ready to assist you. Protect your business and your hard-earned achievements with the right commercial insurance solutions. Contact us to schedule an appointment to discuss all your commercial insurance needs today.

Taking on the contractor role will require you to acquire adequate insurance coverage. Review some contractor’s insurance guidelines. Upgrade your existing business insurance policy once you determine how much insurance coverage you need.

Liability

Determine your risk of being held liable for injury or property damage. The type of machinery and tools used to perform contracting duties could influence your risk level. If your business operations require the use of dangerous machinery, tools, chemicals, and other essentials, purchasing more liability insurance can be beneficial.

Storage 

Your storage setup could influence the lifespan of building materials, equipment, and other items needed to complete contracting duties. Storage units, including garages and sheds, will offer the most protection. Portable storage setups will prevent materials from being exposed to the elements.

Assessing the type of storage space you have available will help you decide whether to invest in additional storage units.

Each storage unit you decide to use should be equipped with locks, cameras, and other accessories to protect your contracting essentials from damage and theft.

If you ever decide to expand your business, you should reevaluate your storage plans. A business expansion may require modifications to your existing storage plans.

Guidance

Trust a licensed insurance agent to assist with your contractor insurance upgrades. An agent serving the Bloomfield, NJ, region will review your business plan. After reviewing your business plan, the agent who represents E.S.T.I.R. Inc. will describe some contractor insurance products you can add to your current insurance policy.