When you also have equipment or operate from a store
All Basic plan benefits and:
Get protected against employment-related issues
All Standard plan benefits and:
*plus Workers Compensation
Business Owners Policy (BOP) offers coverage for small and mid-sized business for property and liability risks. This saves your business from the exasperation of buying multiple Commercial Property and General Liability insurance policies, ensuring that there is enough coverage to protect your business.
Workers' Compensation is a state-mandated insurance that provides medical benefits and compensation for the lost wages to employees who become sick or injured on the job. The employee is then relinquished of their rights to sue your business for negligence.
Crime-related losses that are typically not covered by your Commercial Property insurance require the need for Crime Insurance. This insurance will cover your business against crimes like theft, forgery, burglary, robbery, loss of funds and more. Without this insurance, your business will be responsible for the cost of replacing those losses out of your pocket.
Business Interruption insurance covers the loss of income when you close after a disaster. This could be an earthquake or fire that and destroys your business property and the contents in it. The insurance covers lost income, paid expenses like employees' salaries, utilities, and movement to a temporary location.
Businesses in this industry retail and fit contact lenses and prescription and non-prescription eyeglasses.
Any business is faced with a lot of risks, even from the day of launch. Getting insurance will ensure that your business is protected because the insurance will cover all the expenses.
Eyeglass and sunglass stores face a lot of risks. Here are some of those:
These are just some of the many risks that your business can face.
The cost of your insurance depends on the type of business you offer, the number of employees you have, the coverage your business requires and many other factors. Without taking these into account, below is the average cost of insurance for your business:
CoverWallet utilizes state of the art technology to help small businesses understand and buy customized coverage, get significant savings and conveniently manage their insurance, in a matter of minutes, all through our online platform.
You wanted better protection and cheaper pricing. So did we. We baked that dream into everything we've set out to accomplish in building our award winning platform.
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