Small Business Insurance Federal Way WA

This page provides relevant content and local businesses that can help with your search for information on Small Business Insurance. You will find informative articles about Small Business Insurance, including "Insurance For Your Small Business". Below you will also find local businesses that may provide the products or services you are looking for. Please scroll down to find the local resources in Federal Way, WA that can help answer your questions about Small Business Insurance.

Arthur J. Gallagher Risk Management
(253) 627-7183
PO Box 2925
Tacoma, WA
 
Regence BlueShield
(253) 382-7788
PO Box 2915
Tacoma, WA
 
Brown & Brown of Washington, Inc
(253) 396-5500
1145 Broadway Plaza
Tacoma, WA
 
State Farm Mutual Automobile Insurance
(253) 552-5200
1301 A St Ste 901
Tacoma, WA
 
Liberty Tax Service
(253) 404-1040
2024 6th Ave Ste C
Tacoma, WA
 
Trusteed Plans Service Corp
(253) 564-5850
PO Box 1894
Tacoma, WA
 
Propel Insurance
(253) 759-2200
PO Box 2940
Tacoma, WA
 
New York Life Insurance Co
(253) 597-7100
1201 Pacific Ave Ste 1600
Tacoma, WA
 
TriWest Healthcare Alliance
(253) 382-3427
1501 Market St #200
Tacoma, WA
 
Farmers Insurance Agency
(253) 314-6973
308 Tacoma Ave S Ste B
Tacoma, WA
 

Insurance For Your Small Business

One of the biggest mistakes small business owners often make is not insuring their business, not getting the proper insurance, or under-insuring their business. Work with both your accountant and your insurance agent to ensure that you make the right choices. Business insurance falls into two categories: Insurance that protects your business, and insurance that protects you and your employees. You will need to take a look at both categories to ensure that you have covered all the bases.



The first type of policy to look at for your business is a Standard Business Owners Policy (BOP). This type of policy encompasses several different types of coverage, and offers the best overall protection for your business. A standard business owner’s policy typically covers property damage, liability, and loss of income due to business interruption. Have your accountant go over the BOP that your insurance agent offers to make sure that it has the coverage that you need.

Business Owners Policies do not cover all of your small business insurance needs - the next type of insurance to look at is automobile insurance. This insurance should cover any vehicles used in the course of your business, such as delivery vehicles and company cars. Automobile Liability insurance is required in most states, for both personal and business vehicles.

A standard business owners policy may include coverage for your equipment, however, if it does not, you will probably want to get a policy that will cover the equipment. For equipment that doesn't fit into other types of coverage, you can purchase a specialized equipment coverage policy. Present a list of the equipment you need coverage for to your insurance agent to find out what equipment can be covered by the different policies available.

For yourself, you will need health insurance, disability insurance, and life insurance. You can also try to find a group insurance package that will enable you to offer thes...

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