For companies with particular risks specific to that industry, an insurance broker should be able to suggest types of additional coverage you may need to fully protect the company. For instance, a dry cleaner would want to purchase additional coverage in case of a mechanical breakdown since his or her business is so dependent on the performance of the machinery. Small businesses should always look into getting more liability insurance than what is included in a BOP since the amount and kind of liability facing each business is typically specific to their industry. So a basic BOP usually won't be enough. Learn more about Commercial General Liability insurance here .
Quick tips Keep it simple.
Try to stick with one insurance carrier because using multiple vendors can increase your chances for gaps in coverage. By using one carrier for different types of coverage, your broker can position the different policies so that they dovetail each other. Change with the times. Whether it's growth or restructuring, make sure your insurance provider is kept abreast of any major changes in your business that may affect your insurance needs.