Small Business Insurance Alamogordo NM

Most states will require you to have some sort of workers compenstation policy and it is never a bad idea to have some liability coverage. Five states (CA, NY, NJ, RI and HI) also require you to offer short term disability. If you are in one of these states and fail to provide the workers comp or short term disability coverage, you could face a very costly fine down the road.

Independent Insurance Agents
(505) 843-9225
1511 University Blvd Ne
Albuquerque, NM
 
Hester Insurance Agency
(575) 622-0044
1904 N Main St
Roswell, NM
 
Bryant Insurance Agency
(575) 762-5556
122 W 21st St
Clovis, NM
 
Allstate Insurance Agency
(575) 392-1882
4210 N Grimes St
Hobbs, NM
 
Contreras Insurance Agency
(505) 298-3555
9419 Central Ave Ne
Albuquerque, NM
 
A & B Insurance Services
(505) 982-8703
2209 Brothers Rd
Santa Fe, NM
 
Atkinson Herb Insurance
(575) 622-0010
110 W Country Club Rd Ste 1
Roswell, NM
 
Woods Insurance
(505) 559-4184
6125 Montgomery Blvd Ne
Albuquerque, NM
 
Bernal Insurance Group
(575) 525-2886
1591 E Lohman Ave Ste 2
Las Cruces, NM
 
Mahres & Mahres Insurance Agency
(575) 525-1191
841 S Main St
Las Cruces, NM
 

Business Protection for Solo Entrepreneurs

Q: I am planning to start my own business and am not sure whether or not I need small business insurance. How do I determine if this is a start-up requirement, the type of coverage I need and where would be the best place to get it

Most states will require you to have some sort of workers compenstation policy and it is never a bad idea to have some liability coverage. Five states (CA, NY, NJ, RI and HI) also require you to offer short term disability. If you are in one of these states and fail to provide the workers comp or short term disability coverage, you could face a very costly fine down the road.

Depending on what services your business provides, this can be more or less important. My advice is to speak with an experienced commercial insurance advisor and they can tell you what they feel you must have and should consider based on your specific situation.

 

It does not automatically transfer over to you. If you now own the ring, you need to buy a policy in your name to protect it. Most personal lines agents can handle this policy quickly. Some policies might offer no deductible and/or an agreed value on the ring, so you may want to evaluate what coverage is important to you given the premium differentials.

Click here to read more from Single Edition