Small Business Insurance in Oregon

The first and most important policy every small to mid-sized businesses should have. This insurance protects you from bodily or physical injury, damage to others’ property, libel, slander and false or misleading advertisements that might harm the reputation of your business. It provides coverage for claims in which you are held responsible as a result of negligence.

Natural calamities as well as man-made disasters can strike anytime and acquired damages from these unlikely events might cause your business to shutdown permanently. Commercial Property insurance protects your business-owned physical assets, for example the building and its content, so you could continue normal operations amidst property loss or damages.

Oregon mandates that all businesses, regardless of size, should carry Workers' Compensation for their employees. It pays for claims linked with work-related injury or accident. Coverage typically includes medical expenses, rehabilitation bills and lost wages. Business owners are likewise protected since utilizing this benefit prohibit employees from filing lawsuits due to negligence.

This form of insurance provides coverage for damages incurred in the event of vehicular accidents involving your commercial vehicle. Commercial Auto insurance works just like your normal car policy, but only this time during official business trips. It protects you from liabilities, collision and medical payment claims saving your company from costly expenses.

If your business relies on giving advices to customers, Professional Liability should be included on your list of priorities. This policy defends your establishment against negligence claims made by unhappy clients resulting to financial loss. It provides coverage from lawsuit charges and settlement fees due to the errors or mistakes carried out by your company.

Although not required in Oregon if you have less than 50 employees, Health Insurance is deemed to be vital to maintain the overall well-being of your workers. Depending on the coverage, it gives employees access to affordable but quality healthcare modalities including but not limited to medical, surgical and dental treatments.