Insuring Your Motorcycle
As a kid, I had an active imagination. I also liked action movies, which fueled my imaginative flame. I'm sure many of you can relate. Lying in bed at night or staring out the window on long drives, my mind would wander through all the disaster and destruction scenarios I'd read about or seen on TV or movies. What would I do? Survive, is what I'd do.
Protection from Physical Damages
The most basic of the threats your business can face is physical damage. Whether it's faulty wiring or rusted pipes in your building, an unfortunate number of business owners have arrived at work to see the destructive effects of a fire or a pipe bursting overnight. For a fledgling business, a disaster of this magnitude can often mean setbacks that have the potential to end in failure. Commercial insurance plans offer property insurance, which can protect not only against damages done to the property, but also to your inventory.
Make sure your car is ready to go in case of an emergency AND well-stocked if disaster strikes en route. If you get trapped in a blizzard, a flood, an earthquake or whatever else, you need to make sure your basics are covered: nourishment (food and water), shelter (clothing, blanket), communication (radio, cell phone).
Since liability is more complex of a concept than physical damages, some business owners consider it to be less important. Nothing could be farther from the truth. Many business owners don't realize just how quickly a liability lawsuit can wipe out their business. All it takes is one customer who injures him or herself on your premises, and the following legal action could require you to pay hundreds of thousands, perhaps even millions of dollars in damages. Unless of course, you have purchased commercial liability insurance with a solid umbrella policy. So don't underestimate your need to protect against liability.
The fourth and fifth coverage options of a standalone motorcycle insurance policy are related to liability insurance. Similar to the liability coverage from an auto insurance policy in Torrance, the liability coverage for a motorcycle insurance policy will help protect a rider from the costs associated with bodily injury to others and collision coverage if the rider is the one who is determined to have caused the accident.
If something happens when you are at home, you will also want an emergency kit stored in your house. Sometimes when outdoor conditions are dangerous, authorities will warn people to stay at home. If you are trapped at home, the power is out, pipes are broken, and communications are down, you will want to have all your bases covered. Make sure you have fuel, food, water, a first aid kit and so on. Don't simply rely on what you have around the house either.
If you are driving your personal vehicle for a business-related reason, your personal car insurance will often not be able to successfully defend your business. For that reason, you need to make sure that your commercial auto insurance is properly in place so that you and your business are protected if you are involved in any sort of accident while using a vehicle on company time.
Commercial insurance can sometimes just seem like one more bill that needs to be paid. However, the peace of mind that you feel when you know that your business is protected is priceless. So if your business needs commercial insurance in San Pedro, California is important to you, then sign up for commercial insurance as soon as possible.
Protection from Physical Damages
The most basic of the threats your business can face is physical damage. Whether it's faulty wiring or rusted pipes in your building, an unfortunate number of business owners have arrived at work to see the destructive effects of a fire or a pipe bursting overnight. For a fledgling business, a disaster of this magnitude can often mean setbacks that have the potential to end in failure. Commercial insurance plans offer property insurance, which can protect not only against damages done to the property, but also to your inventory.
Make sure your car is ready to go in case of an emergency AND well-stocked if disaster strikes en route. If you get trapped in a blizzard, a flood, an earthquake or whatever else, you need to make sure your basics are covered: nourishment (food and water), shelter (clothing, blanket), communication (radio, cell phone).
Since liability is more complex of a concept than physical damages, some business owners consider it to be less important. Nothing could be farther from the truth. Many business owners don't realize just how quickly a liability lawsuit can wipe out their business. All it takes is one customer who injures him or herself on your premises, and the following legal action could require you to pay hundreds of thousands, perhaps even millions of dollars in damages. Unless of course, you have purchased commercial liability insurance with a solid umbrella policy. So don't underestimate your need to protect against liability.
The fourth and fifth coverage options of a standalone motorcycle insurance policy are related to liability insurance. Similar to the liability coverage from an auto insurance policy in Torrance, the liability coverage for a motorcycle insurance policy will help protect a rider from the costs associated with bodily injury to others and collision coverage if the rider is the one who is determined to have caused the accident.
If something happens when you are at home, you will also want an emergency kit stored in your house. Sometimes when outdoor conditions are dangerous, authorities will warn people to stay at home. If you are trapped at home, the power is out, pipes are broken, and communications are down, you will want to have all your bases covered. Make sure you have fuel, food, water, a first aid kit and so on. Don't simply rely on what you have around the house either.
If you are driving your personal vehicle for a business-related reason, your personal car insurance will often not be able to successfully defend your business. For that reason, you need to make sure that your commercial auto insurance is properly in place so that you and your business are protected if you are involved in any sort of accident while using a vehicle on company time.
Commercial insurance can sometimes just seem like one more bill that needs to be paid. However, the peace of mind that you feel when you know that your business is protected is priceless. So if your business needs commercial insurance in San Pedro, California is important to you, then sign up for commercial insurance as soon as possible.
About the Author:
We will help you get the right coverage at the right price by representing a full line of quality and competitive insurance carriers to meet your specific needs. Not being limited to one company, we can work for you to find the Best Insurance match.
posted by Vittoria @ December 30, 2013
0 Comments
0 Comments:
Post a Comment
Subscribe to Post Comments [Atom]
<< Home