4 Signs That You Need To Get Business Insurance

​Your family, friends, and previous mentors have always told you that one day you’re going to need business insurance for your small company. But how soon is that exactly and if you’re already there, how did you know it’s the right time to buy business insurance? These four telltale signs should tell you when.

1. You Previously Bought Expensive Equipment Or Vehicles For Your Company 
   Equipment and vehicles are usually types of investment that every company owner needs to expend for the overall success of his venture. 
   
   But it’s not only about having the capacity to invest in your company. You also need to know how to protect these investments. If you’ve attained a position when you can already make these investments, the best way to protect them is through business insurance. 
   
   
2. There Is Substantial Increase In Your Revenue 
   If company sales have increased so much all of a sudden, this can also mean two things. You could either be adding more products and services to your inventory, or you have welcomed more employees to your business. 
   
   Whatever the case may be, this means you have more assets to protect. This calls on you the need to get business insurance to protect these assets. 
   
   
3. You Recently Introduced A New Product Or Service 
   The addition of new products or services to a company means you are either branching out or expanding your business. 
   
   But running a company is like a game. You can either win or lose. Taking into account the possibility of losing the game, you need to protect your company through business insurance. 
   
   You need insurance that covers all your products, including the ones you recently welcomed into your business. This will keep you protected if disaster strikes. 
   
   
4. You Have More Employees Now Than Last Year 
   Workload has increased, which led you to hire more workers. That’s a reason to celebrate. The need for more employees means your business is on the right track. 
   
   But this also means you need to keep your employees insured in case an accident or injury happens within your office premises. 

Have you witnessed these signs recently? If your answer to that question is “yes,” then perhaps, it is time to sit down with an agent and discuss what items you want to be covered in your business insurance. 

At Berlin & Denys, we put our clients first by offering them policies that they can afford. Having insurance is a necessity nowadays and we're here to help you out. Learn more about our products and services by calling our agency at (800) 946-3303. You can also request for a free quote by CLICKING HERE.