In the state of Louisiana, business insurance itself is not required by law, but certain aspects of it, such as workers’ compensation insurance and commercial auto insurance, may be. A well thought out business insurance plan can cover financial losses to your business due to hazards like hurricanes, tornadoes, theft, forced long-term closures and liability lawsuits.
The cost of business insurance in Louisiana will vary significantly from one company to the next. Some factors that may influence your costs include the type of business you own, the value of your commercial assets, your company’s liability risks, and the weather risks and property crime rate in the ZIP code where your business is located. Because of the many coverage types and options at your disposal, you can fully customize your business insurance coverage to meet your business’s specific coverage needs. A local independent insurance professional can offer trustworthy advice while helping you obtain suitable coverage at a competitive rate.
I opened up a lawn care service a couple of months ago. I researched the different insurance coverages that I could get for my business, since I was looking for an insurance policy that would cover my tools and equipment. When I went to TrustedChoice.com, they were quick. They sent me information on a couple of different people who offered that type of insurance in the area. They did everything they needed to do and did their part well. Everything seemed to go smoothly.Ricky of Shreveport, LA Consumer Affairs
Coverage that makes sense for one business might not for another. That is why insurance companies make it possible for business owners to fully customize their business insurance coverage. You can work with an independent insurance agent to build an appropriate insurance portfolio that provides the following:
Be aware that most business insurance policies do not cover against flood damage, even if the rising waters are the direct result of a hurricane. Because much of Louisiana is prone to flooding, it 's very important that you consider supplementing your business insurance with a commercial flood insurance policy through the National Flood Insurance Program (NFIP). Your local insurance agent can help.
There are currently 421 independent insurance agents in Louisiana who are ready to help. These agents can save you time and money by helping you find reasonably priced coverage that is tailored to meet the specific coverage needs of your Louisiana business. Contact an insurance agent near you to get more information and to start comparing customized commercial insurance quotes.