Insuring your small business can be a daunting task, but Cayuga Mutual is here to ease your worries, and ensure that your business is completely protected. There are a lot of questions when it comes to business insurance, so here are the different ways to protect your small business with Mutual Insurance from Cayuga Mutual:
What Type of Insurance Do I Need for My Small Business?
There are 7 types of insurance covered at Cayuga Mutual Insurance. These are listed as:
- Retail
- Winery
- Office
- Bed & Breakfast
- Contractor
- Church
- Home-based business
Each of these individually serves a purpose, depending on the contents of your business.
Retail and Office Insurance
Our retail insurance protects your business from theft, legal action, interrupted operations, or any other unexpected events. Our retail policy covers your building or rented space and your contents while also insuring you for crime coverage, commercial liability, business interruption loss of income, and Bailee’s coverage for customers’ goods.
Office Insurance Policy
Whether your office is big or small, our office insurance policy cover your building or rented space, your contents in your building, crime coverage, commercial liability, business interruption loss of income, and Bailee’s coverage for customers’ goods.
Winery Insurance Policy
Winery coverage is built for exposures of a small estate or limited partnership wineries. Included in this coverage is your building or rented space and your contents, as well as crime coverage, commercial liability, and business interruption loss of income.
Bed and Breakfast Insurance Policy
Bed and breakfast insurance policy is important for both you and your guests to run a safe business. Included in the plan is your building or rented space, your contents, crime coverage, specific coverage options for theft or vandalism buy guests, innkeepers’ liability, and business interruption loss of income.
Contractor Insurance Policy
The Contractor Insurance Policy is built for those who build, install, or repair. It is versatile enough to cover any job, no matter what it entails. This policy covers your building or rented space, your contents, installation coverage, contractor tools & equipment, crime coverage, commercial liability, and business interruption loss of income.
Church Insurance Policy
Churches play an important role in society, and Cayuga Mutual understands the specific requirements needed for proper insurance. Your church insurance policy includes your building or rented space, your contents, the property of clergy and others while on-premise, including religious articles and equipment, loss of income, crime coverage, public legal liability, limited professional liability, limited protection for church entity against allegations of abuse, and directors’ and officers’ liability coverage.
Home-Based Business Insurance Policy
Home-based business insurance policy is just as needed as a large office. Nowadays, we might even call it pandemic business insurance coverage! No matter how big or small your business is, we have you covered. It’s important to note that homeowner’s and tenant’s insurance policies do not cover home base businesses. This insurance covers your building or rented space, your business contents, crime coverage, commercial liability, and business interruption loss of income.
Frequently Asked Questions About Small Business Insurance
Q1. What business insurance do I need?
If you are having trouble figuring out what type of business insurance would best suit your needs, look no further, we are here to help. Simply call us at 1-800-567-3381 or visit our website at https://www.cayugamutual.com/request-a-quote/ to speak to our representative that will lead you in the right direction.
Q2. Is business insurance a legal requirement?
It is illegal to not protect the employees at your business. Further than that, business insurance is often requested and highly recommended. Having business insurance protects you and your business in a multitude of ways, and without it, your business could be in jeopardy for no fault of your own.
Q3. How much does business insurance cost?
Since your business insurance is just as unique as your business, the coverage cost can vary. Before jumping into an insurance plan, Cayuga Mutual offers a free, no-obligation quote to determine what the cost will be for your business.
Q4. Why is Business Insurance Important?
There is a multitude of reasons why business insurance is important to have. Without it, you could get sued, and run into a lot of legal issues. However, obtaining business insurance allows you to keep your business up and running if a crisis were to occur such as a natural disaster, it gives you credibility, protects your employees, and so much more.
We are here to help!
Having the correct business insurance coverage is crucial. If you are unsure about how to proceed with your coverage, we are here to help. Don’t hesitate, and contact Cayuga Mutual Insurance today for all of your business insurance needs.
