{"id":28,"date":"2020-12-31T04:00:00","date_gmt":"2020-12-31T04:00:00","guid":{"rendered":"https:\/\/www.thenorthcoastagency.com\/blog\/?p=28"},"modified":"2020-12-31T18:15:58","modified_gmt":"2020-12-31T18:15:58","slug":"myths-about-commercial-insurance","status":"publish","type":"post","link":"https:\/\/www.thenorthcoastagency.com\/blog\/myths-about-commercial-insurance\/","title":{"rendered":"Myths about Commercial Insurance"},"content":{"rendered":"<p>To make sure your business in Lexington, MI, is protected, it helps to know more about commercial insurance so you don&#8217;t give in to these myths.<\/p>\n<ul>\n<li><strong>Home Insurance Covers Home-Based Business<\/strong>: Your home insurance is not enough to protect your home-based small business. It would be best if you had proper business insurance that meets your business&#8217;s needs to ensure that your operations are protected against a variety of claims. An agent at North Coast Insurance Services can get you started.<\/li>\n<li><strong>General Liability Covers Every Possible Risk<\/strong>: General liability is needed, but it&rsquo;s not a one-size-fits-all solution for all business-related risks.<\/li>\n<li><strong>Employees Drive Their Own Cars So You Don&rsquo;t Need Commercial Auto Insurance<\/strong>: Many personal auto insurance policies don&rsquo;t cover any losses when a vehicle is being used for business purposes. As a business owner, your employees must know what personal policies cover and don&rsquo;t. There are different advantages to commercial auto insurance, including coverage for GPS equipment and rental vehicles.<\/li>\n<li><strong>The Business Is Too Small for Insurance:<\/strong> Even if your business is small in Lexington, MI, it&rsquo;s not just businesses with deep pockets that should be concerned about being sued. Anyone can be sued. If you are found liable for damages and can&rsquo;t pay, wages can be garnished, and bank accounts and assets seized.<\/li>\n<li><strong>Property Insurance Isn&#8217;t Needed if Operations Are Done in the Client&rsquo;s Area<\/strong>: Some owners think the work is in the client&rsquo;s area, using the client&rsquo;s equipment and tools, that they don&rsquo;t need property insurance. Coverage for property insurance varies. Companies should find a policy that suits their needs.<\/li>\n<li><strong>You Don&rsquo;t Need an Insurance Agent<\/strong>: Some owners don&rsquo;t get professional advice when choosing their business coverage. Since there are so many different coverage variations, it&rsquo;s best to speak with a qualified agent to find the right coverage for your business.<\/li>\n<\/ul>\n<p>Contact North Coast Insurance Services to get a quote on commercial insurance.&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>To make sure your business in Lexington, MI, is protected, it helps to know more about commercial insurance so you don&#8217;t give in to these myths. Home Insurance Covers Home-Based Business: Your home insurance is not enough to protect your home-based small business. It would be best if you had proper business insurance that meets [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[12,13],"class_list":["post-28","post","type-post","status-publish","format-standard","hentry","category-commercial-insurance","tag-lexington-mi","tag-north-coast-insurance-services"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.thenorthcoastagency.com\/blog\/wp-json\/wp\/v2\/posts\/28","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.thenorthcoastagency.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.thenorthcoastagency.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.thenorthcoastagency.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.thenorthcoastagency.com\/blog\/wp-json\/wp\/v2\/comments?post=28"}],"version-history":[{"count":1,"href":"https:\/\/www.thenorthcoastagency.com\/blog\/wp-json\/wp\/v2\/posts\/28\/revisions"}],"predecessor-version":[{"id":29,"href":"https:\/\/www.thenorthcoastagency.com\/blog\/wp-json\/wp\/v2\/posts\/28\/revisions\/29"}],"wp:attachment":[{"href":"https:\/\/www.thenorthcoastagency.com\/blog\/wp-json\/wp\/v2\/media?parent=28"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.thenorthcoastagency.com\/blog\/wp-json\/wp\/v2\/categories?post=28"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.thenorthcoastagency.com\/blog\/wp-json\/wp\/v2\/tags?post=28"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}