At Bajorek Agency Inc serving Rochester, NY and the surrounding areas, we make it our number one goal to help local business owners protect the company they have built.

Let’s look at five common ways a business owner can protect their business. 

Proper Insurance 

Having the proper type and amount of insurance in place is one of the best ways you can protect your business from financial hardship. As a business owner, you are at special risk for liability. Insurance can help pay for expenses that could result from a liability case. Insurance is also the best way to protect your property and equipment and to ensure that they are quickly and adequately replaced in the event of damage. 

Security

The next most important way to protect your business is through proper security. Your security will have many layers to it. There is the physical security of your property which must be maintained through security systems, proper locks, and entrance/exit equipment, as well as possibly the need for security staff. There is also cyber security. Today, everything is done digitally and it is important that you invest the proper amount of time and money in this aspect of your business security. 

Training 

This is often an overlooked aspect of business protection, but how you train your employees will have a huge impact on the health of your business. Injuries and security breaches are often a result of poor training early on. Make sure your staff is properly trained to avoid these problems. 

Maintenance 

If you own and operate equipment, staying on top of proper maintenance tasks will have a huge impact on your business’s success. Don’t cut corners with maintenance. 

Give Us A Call

If you would like to learn about our insurance services, please get in touch with us at Bajorek Agency Inc serving Rochester, NY and the surrounding areas. 

While commercial insurance policies have terms that last for a period of time, it is important to review your coverage throughout the year. It ensures that you have the right amount of protection and that your business is still properly insured. 

Depending on the type of insurance that you have, you may be required to review your policy annually or at certain points during the year to maintain coverage, such as when a policy has expired or when there is a significant change in your business. Consult with Bajorek Agency Inc in Rochester, NY for guidance on this important insurance coverage.

Commercial Insurance Coverage: What You Need To Know

As with any other form of insurance, it’s important to keep tabs on your coverage. Keep tabs on any changes in your business — such as an increase in the value of your inventory or the number of employees — that might require an updated commercial policy. Keep an eye on your commercial insurer and make sure you’re receiving the benefits for which you’re covered. Finally, keep track of the policy expiration date and renew your policy as soon as possible. 

Things like economic conditions, new legislation, and changes in the marketplace can all influence the risk profile of your business, which means that your commercial insurance needs may change over time as well. A small business with commercial property insurance probably won’t need to review the policy as often as a large enterprise with cyber insurance. However, as a business owner, you should make sure to stay up to date on any changes to your policy. 

Call Us Today

Every policy comes with an expiration date, but that’s not the only reason to review your coverage. Every commercial policy comes with a clause that requires the policyholder to maintain “standard” coverage. This indicates that if there is a change in the profile of your company, you may be required to obtain more coverage to keep your commercial insurance policy. For expert insurance advice, consult with Bajorek Agency Inc in Rochester, NY.