Is Commercial Insurance Required in North Carolina?

Owning a business in North Carolina is a huge accomplishment! Many businesses thrive here and we know yours will too. If your company is on the hunt for a commercial insurance plan, keep reading as the experts at Hedgepeth-Hutson Insurance Services Inc. talk about various coverage options and what you should know as a business owner in North Carolina. 

Nashville, NC is a wonderful place to grow a business. But growth takes time, planning, and execution. And you can’t do that without adequately protecting yourself financially, the assets within your company, your inventory, vehicles, employees, property, and more. 

How Will Insurance Support My Business?

Insurance protects your assets, your inventory, and your property in the event of damage or theft, you’re financially secure. 

Risks incurred by businesses are common – it’s simply part of running a company. The customers and clientele you do business with may sue you for liability if they are displeased with your services or if some kind of mistake was made by an employee or your products. These things are more common than you think, and liability insurance can cover some of those losses in the event that you face a lawsuit. 

Additionally, commercial insurance can provide you with peace of mind whether you’re in the office or away for a while. No matter where you are in the world, your insurance policy provides financial protection from most scenarios your company can encounter. There’s no better feeling than that! 

Hedgepeth-Hutson Insurance Services Inc. is here to help business owners in the Nashville, NC area with selecting a commercial insurance plan that meets the needs of your business and makes you feel comfortable and protected as your business grows. Let’s talk today! 

Tip and Tricks for Your Commercial Insurance

Commercial insurance provides Nashville, NC, businesses with a higher level of protection that keeps them safe from long-term issues. At Hedgepeth-Hutson Insurance Services Inc., we not only understand these types of policies but a few simple tips and tricks that you can use to improve your experience. By working with us, you make it easier to enhance your company’s protection with these three steps.

Decrease Customer Risk to Improve Rates 

Avoid dangerous working environments for your customers and employees to minimize your potential insurance costs. Decrease insurance costs by making sure that you clean your facility, avoid serious spill problems, take proper steps towards cleaning your area of snow, and much more.

Improve Building Safety 

This step may seem similar to the previous tip but is a little different. You need to repair your facility, not simply clean it up, or perform various forms of upgrades. For example, putting in rails for your steps helps to improve your building safety and elegance.

Bundle Coverage Options 

Lastly, did you know that you can bundle a variety of commercial insurance options into your overall coverage? Not a lot of people do, and they often end up in a tough situation. Contact your provider to learn more about your abilities in this area.

Give Us a Chance to Help You 

At Hedgepeth-Hutson Insurance Services Inc., we have years of experience in providing high-quality commercial insurance and will do what we can to help you. Our team understands the laws dictating your policies in Nashville, NC. We will do what we can to ensure that you get proper coverage and will focus on your needs as a consumer to give you the best chance of satisfaction in this situation.

How does commercial insurance support a North Carolina business?

The Nashville, NC area continues to be a great area for business owners. Those who choose to operate a company in this area will find a lot of support for small businesses. If you would like to start a small business in this area of North Carolina, having insurance is extremely important. A commercial insurance plan can support a business in several different ways. 

Insurance Covers Business Assets

A lot of business owners in this area of the state need commercial insurance because it will protect their business assets. If you are going to build and grow a business, you need to know that your core assets are protected. A great way that you can do this is by getting a commercial insurance plan. With this protection, you will be reimbursed if you suffer a loss related to your assets’ damage or theft.

Insurance Gives Liability Protection

The risk of being sued for liability should be a concern for any business owner. Even if you follow great practices, there is always a chance that a mistake could occur. Fortunately, you can offset and mitigate this risk if you get a commercial insurance plan. With a commercial insurance policy, you will get a certain level of liability insurance protection that could keep you solvent and protected if you are sued.

Picking the right commercial insurance plan in the Nashville, NC area is an important decision. To ensure that you pick the best policy possible, you should call the team with Hedgepeth-Hutson Insurance Services Inc. If you reach out to Hedgepeth-Hutson Insurance Services Inc., you will get to know a lot about your different options. Our team can then give the support needed to build a reliable policy. 

3 Ways to Secure Your North Carolina Business

Having a business in North Carolina is an excellent investment and allows many business owners to be successful. To maintain that success, it is essential to secure your business when you are both at the location and away. Securing your business protects yourself, your employees, and your customers. At Hedgepeth-Hutson Insurance Services, Inc., we want our customers who operate in or around Nashville, NC to have the best protection available.

Wireless cameras are your friend

Having these wireless cameras at entrances to your business, as well as dark corners, can protect you should you experience damages from theft or need video evidence of an altercation. These cameras can be moved to cover the areas you need and can easily be connected to an app on your phone or computer for digital storage. 

Keep everything clean and organized

Nothing screams lack of attention like a business that is dirty with unorganized shelves or a lack of landscaping. From the interior of your business to the exterior, let your customers and employees know you care and are involved by maintaining a clean atmosphere across the entire property. Thieves are deterred by alert management, and accidents are less prone to happen in a clean and organized environment.

Keep everything lit well

From bright lights in your parking lot and entranceways to motion lights at each corner of your business, it is essential to keep your place of business well lit for the protection of those shopping with you and working for you. Dark areas are more receptive to thieves and criminals, so taking away this environment will deter their motives. 

Contact us today

While these tips will assist with the dangers and potential accidents that lurk around your Nashville, NC business, choosing a commercial insurance policy with Hedgepeth-Hutson Insurance Services, Inc. can give you an additional layer of protection and peace of mind.