Michigan Small Business Insurance

To help safeguard your company's future success, it's vital to invest in the present. After all, today could be a day like any other, until a serious accident occurs at work or your property is vandalized overnight. By leaving your business uninsured, any harm to your premises, your employees, or your clients could easily be a hefty out-of-pocket expense for you as the business owner. Small business insurance help protect your business from liability exposure, thus mitigating the risk of insurmountable costs due to lawsuits, business closures, and medical and disability expenses. You work hard to take care of your valued workplace. Let AmVenture help you expect the unexpected.

What Does It Cover?

AmVenture is known for offering insurance solutions which are tailor-made for small businesses, like yours. While we prefer to advise business owners on a case-by-case basis, Michigan companies often request the following state-mandated or optional products:

• Workers' Compensation: Like most states, workers' compensation is a legal requirement. This rule applies specifically if you employ more than three workers, although certain scenarios exist where it's mandated in even smaller workplaces. Beyond being required by state law, workers' compensation keeps your business protected in the aftermath of a workplace incident that results in an employee becoming sick or injured. Depending on the situation, this type of insurance may also help in recouping that worker's lost wages. As a small business owner in Michigan, the failure to provide workers' comp to your employees could result in significant civil fines or criminal charges, including imprisonment.
• Businessowners Policy (BOP): To offer excellent coverage at minimal cost, the BOP combines General Liability Insurance and Property Insurance together, typically at a lowered rate. General liability insurance typically covers a business for third party liabilities, including advertising injury, property damage, and if a customer is hurt on your property or falls ill from your products. Meanwhile, in the event of theft, fire, or other covered loss, property insurance can shoulder the financial burden in most cases.
• Commercial Auto Insurance: Keep in mind that personal auto insurance doesn't cover your company's commercial vehicles. Commercial auto insurance is strongly recommended to businesses that rent, lease, or own vehicles. If a company-owned automobile is implicated in an accident, your business could be vulnerable to lawsuits, property damage, and medical and disability expenses. Help cover your employees and yourself by adopting a watertight Commercial Auto insurance policy.
• Cyber Liability Insurance: Cyber crime is a modern threat facing small businesses across Michigan. Data breaches and other malicious attacks can wreak havoc on a thriving company. If your business' database is hacked, your company could be subjected to data leaks, identify theft, and temporary company closures. Cyber Liability Insurance helps you regain your financial footing after a cyber crime is committed against your small business.

How Do I Get Small Business Insurance in Michigan?

To discover how you stand to benefit from AmVenture's small business insurance solutions, contact us today for your free quote. After filling in the form, a representative will contact you shortly to discuss our bespoke insurance options and their wide array of benefits. We'll work alongside you to obtain an insurance package designed for small businesses in Michigan like yours.