Business & Commercial Insurance

Regardless of your company’s attention to detail or the experience levels of its employees, risk management and loss control should be at the top of your mind. Fortunately, the team at Affiliated Agency is well-versed in the world of business insurance and will help you secure your company’s finances and future with suitable coverage.

What Is Business Insurance?

Business insurance refers to the various insurance policies and coverages that may be used to protect a policyholder’s financial interests. By purchasing appropriate insurance, your company may be granted payouts in response to covered incidents, potentially limiting out-of-pocket losses that might have otherwise had devastating fiscal impacts.

What Types of Insurance Should Businesses Consider?

Given the many industries and unique situations in the business world, you should expect that your coverage needs may be unique. Still, several types of insurance transcend industry lines and may be essential for many businesses. As your business begins to compose its coverage portfolio, the following types of policies may form its core:

Commercial property insurance

• Business income insurance
• General liability insurance
• Professional liability insurance
• Commercial auto insurance
• Workers’ compensation insurance
• Cyber liability insurance
• Employment practices liability insurance

How Will My Rates Be Determined?

The quoting process for insurance can include an analysis of many characteristics of your business, such as the following:

• Industry

• Location

• Type of business

• Size of workforce

• Years in business

• Estimated annual revenue

• Company assets

• Claims history

• Coverage details (e.g., types of policies needed, limits, deductibles and endorsements)

We’re Here to Help

At Affiliated Agency, we proudly serve businesses in the Plainview area and will apply our extensive knowledge and experience to help you find ideal coverage. Contact us today to learn more or to compare tailored quotes.