General Liability Insurance protects your small business against claims of third-party bodily injury and property damage, reputational harm and advertising injury. It covers medical bills, repair costs & legal fees.
Commercial Property Insurance will provide coverage for your properties in case damage renders them impossible to rent or lease.
Business Interruption Insurance protects your small business if impacted by a covered risk. It'll cover the costs in replacing lost income and paying for additional expenditures. Also known as Business Interruption Coverage, this policy is usually part of your BOP (Business Owners Policy).
Workers Compensation covers your employees' medical costs and lost wages while recovering from a work-related injury or illness. The employee gives up the right to sue your company in return for receiving cash and benefits from Workers Compensation. In some states it’s mandatory for businesses!
Why do Historical Sites need insurance?
In this industry, businesses are involved in the preservation of buildings, sites, or communities that are of practical interest. They also exhibit these sites. Examples of historical sites include archeological sites, battlefields, heritage villages, historical forts, historical ships, and pioneer villages.
If you have a Historical Site, then you will need to get your site insured. Insurance will protect your business and personal assets in case something goes wrong with the historical site. The insurance will cover the damages done to the Historical Site whether via vandalism or natural disaster. It also protects you from a costly lawsuit from a liability risk when someone trips on your property and it causes personal injury.
What risks do Historical Sites face?
A heritage site can mean a lot to the culture, the family, the country and the world. Preserving the heritage site can be a challenge as it can be difficult, if not, costly to have it restored. Below are the common risks Historical Sites face:
How much does insurance for Historical Sites cost?
The cost of the insurance for Historical Sites usually depends on the number of employees, the coverage needed and the size of the historical site. To find out the cost of your insurance for your Historical Site, simply apply online and receive a quote for free or talk to our customer service representatives.