Commercial Insurance in Ohio

At Preferred Insurance Center in Coldwater, OH, many of our clients are business owners who want to make sure they have properly invested in their Ohio business. With a commercial insurance policy from our team, our clients cannot only maintain state requirements but have additional options to consider.

What Does Ohio Require?

As a business owner, you are required to carry two types of commercial insurance if you meet the requirements:

  • Worker's Compensation Insurance
  • Commercial Auto Insurance

Workers' compensation insurance is required when a business has at least two employees or more. This policy protects employees who are hurt on the job and need medical attention. With worker's compensation, they are provided complete coverage for the medical expenses obtained due to the injury.

Commercial auto insurance is required when a small business requires a company car. This can be for deliveries, running errands, or other services. If employees are required to drive a company vehicle on the clock, commercial insurance must be carried.

Additional Insurance Options

If you want to supplement your commercial insurance, you have the option to add the following to your commercial insurance property:

  • General Liability
  • Errors and Omissions Coverage
  • Property Protection

General Liability allows you to get financial protection when you are found liable in a lawsuit. Whether you are being sued because someone was hurt physically or another business was slandered during an incident, general liability is here for you.

Errors and Omissions Coverage is available if your business provides a service to your customers to take calculated risks based on your advice. If a client receives bad advice, they could sue your business.

Property protection is as simple as covering the commercial property and the contents within in the event of an unexpected accident. Having insurance can save you thousands of dollars in repair and property replacement.

If your Ohio business is in need of commercial insurance, contact our agents at Preferred Insurance Center in Coldwater, OH today for your personal quote.