Oregon's scenic landscape is dotted with 357,408 small businesses. If left underinsured, every single one may be vulnerable to staggering financial costs, liability lawsuits, and even bankruptcy. Don't increase the expose to your business' bright future. AmVenture makes it simple to help protect your company against liability exposure, so if a covered disaster rocks your workplace, you have higher odds of being shielded from its costly consequences.
What Does It Cover?
At AmVenture, we don't ascribe to a one-size-fits-all philosophy for our Oregon small businesses. Focusing on bespoke insurance, our coverage packages are designed for small businesses like yours, based on the workforce's size and your chosen industry. However, to showcase some of AmVenture's most popular products, here are several options to consider as a business owner:
- Workers' Compensation: Across the state, Oregon workers' compensation insurance is mandated by law in most workplaces. This insurance covers an employee in the event of a work-related illness or injury. Even if the individual was partially at fault or behaving carelessly, their medical and disability fees, vocational rehabilitation, and lost wages are generally covered. When an employee accepts this type of insurance, they also typically relinquish their ability to successfully sue their employer for the work-related loss. As a small business owner, failing to provide Oregon workers' compensation to your employees could result in significant fines and even criminal charges.
- Businessowner's Policy (BOP): Get three insurance products, generally for a reduced cost, with businessowner's policy (BOP). Bundled together to often help save you money, an Oregon BOP includes general liability coverage, property coverage, and business interruption coverage. This trio of products helps to protect your business from a myriad of threats, including vandalism damages to your property, a workplace closure stemming from a covered natural disaster, and third party claims if a client alleges harm from your products or sustains an injury at your office. Thanks to its wide umbrella of coverage, a BOP can be an invaluable insurance product for any small business owner in Oregon.
- Commercial Auto Insurance: Whether your company owns a fleet of cars or a single delivery van, you should consider investing in commercial auto insurance. Without it, if a collision occurs involving your business' vehicle, the financial burden of car repairs, medical bills, and liability claims may fall squarely on your shoulders. It's also important to note that, in most cases, personal auto insurance won't cover commercial vehicles.
- Cyber Liability Insurance: If your company stores its clientele's private data in a computer database, you're could be a prime target for cyber attacks. If a hacker breaks through your security system, any confidential information could be exploited for identity theft and data leaks. Cyber liability insurance helps cover the costs associated with hacking attacks.
How Do I Get Oregon Small Business Insurance?
To access the acclaimed insurance products available through AmVenture, all you need to do is fill in our fast online form. Once submitted, a knowledgeable representative will review your case and contact you to begin securing your coverage package. We focus on creating solutions for small businesses, which are versatile, affordable, and protect against a wide range of liability exposures.