Commercial Insurance in Alabama
If you own a business in Alabama, we can help you obtain the coverage you need to keep it protected here at Surety Ins Inc. We offer various insurance coverage, from business owners' policies to data breach coverage. Get the protection you need today, so you don't risk losing out financially.
Commercial Insurance Requirements
Alabama law requires all businesses with more than five full or part-time employees to obtain workers' compensation insurance. Workers' compensation coverage provides employee benefits for work-related illnesses and injuries such as medical care, wages from lost time at work, etc.
Additionally, if your business owns any commercial vehicles, you will be required to obtain commercial auto insurance for those vehicles.
Commercial Insurance Coverage
You can choose from any of the following business insurance coverage for protection:
- Business owner's policy- This is also known as a BOP. It combines business liability coverage and business property insurance under one policy. It can help protect your business from claims resulting from fire, robbery, and other things. Your company should consider this policy if there is potential for a person to sue your business, your business has digital or physical assets that can be damaged or stolen, or your company has a physical storefront.
- Data breach coverage- This is also known as cyber liability insurance and will help cover your expenses following a data security breach. This may include legal fees, PR, identity protection solutions, and more.
- Employment Practices Liability Coverage- This coverage was created to help your business overcome retaliation, discrimination, harassment, wrongful termination, wrongful discipline, etc.
If you own a business in Alabama and need a quote for business insurance, don't hesitate to contact Surety Ins Inc. today to receive one.