Small Business Insurance Lehi UT

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.

Farm Bureau Financial Services
(801) 341-6850
3098 Executive Parkway
Lehi, UT
 
Monson Insurance
(801) 226-3000
812 South State Street
Orem, UT
 
New York Life Insurance
(801) 373-5926
3305 North University Ave
Provo, UT
 
Colonial Life
(801) 373-7283
398 North University
Provo, UT
 
Business Insurance Designers
(801) 562-1709
6788 S 1300 E
Salt Lake City, UT
 
American Family Insurance
(801) 228-9820
344 W. Center St
Provo, UT
 
Morgan Title & Escrow, Inc
(801) 753-7700
202 East 800 South Suite 101
Orem, UT
 
MillerWade Group
(801) 377-1990
3311 N. University Ave. # 275
Provo, UT
 
State Farm Insurance- Craig Baugh
(801) 344-5400
2255 N. University Pkwy
Provo, UT
 
National Foundation for Asset Protection
(801) 375-4290
808 E. 1910 S., Suite
Provo, UT
 

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.

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