Category: Commercial Insurance

Like most insurance, commercial insurance is designed to meet and suit a business’s specific needs and preferences. For most business owners, there are many moving parts when running their business. As a result, insurance can be a beneficial piece of the puzzle. More often than not, unexpected events and situations can wreak havoc on a business, especially if insurance isn’t a piece of the puzzle. The team at Riverside Insurance Agency Inc. understands the positive impact that commercial insurance has and is committed to helping Byram MS business owners get the coverage they need.

What is Commercial Insurance?

Commercial insurance is insurance designed for businesses. Specifically, commercial or business insurance protects businesses from loss and provides liability protection as well. Losses can include accidents, theft, fraud, natural disasters, and more. Business insurance can also protect employees. It is designed to provide businesses with financial, liability, and medical coverage. Your insurance policy is designed to meet the unique needs of your business. For example, if you drive cars for your business, your commercial insurance policy should include business auto insurance, not personal. If you use your car for business, you will need to invest in a commercial auto insurance policy in addition to your personal auto insurance.

Will my commercial insurance cover the burst pipes in my place of business?

Yes. Typically, commercial insurance provides coverage for repairing or replacing any damage your place of business, tools, machines, and vehicles may incur. However, if the damage results from negligence, the repair of the damage may not be covered. If you have questions about commercial insurance, call us. We’d be happy to answer all of your questions and help you explore your options.

Workers may be exposed to a number of risks that can cause injury or even death. These events can affect your business with expensive costs or lawsuits. Workers’ compensation insurance is a system that has been designed to defray the expenses associated with caring for workers who are injured on the job. At Riverside Insurance Agency Inc. in Byram, MS, we help Mississippi companies acquire this important coverage for their business.

Do You Need Worker’s Compensation Insurance?

Requirements for workers’ compensation insurance vary from state to state. In Mississippi, workers’ compensation insurance is mandatory for businesses with more than five employees. If you have fewer than five employees, you may not need to have this coverage. However, some of the companies you do business with may require it as part of their contracts. Ultimately, having workers’ compensation insurance protects your company against large expenditures for employee injuries and avoids lawsuits that might occur as a result of worker injury.

What Does Workers’ Compensation Insurance Cover?

Workers compensation insurance covers costs related to worker injuries such as medical treatment for an injury, lost wages while recovering from an injury, and death benefits if a death occurs as a result of an injury on the job. If an employee accepts workers’ compensation for an injury, they cannot sue your company for the injury, which protects your business against expensive lawsuits that could threaten the financial stability of your company.

Choose Riverside Insurance Agency Inc For Your Workers’ Compensation Insurance

Workers’ compensation can be a complex topic, and you may have questions regarding the proper coverage. Our agents can answer your questions in detail to ensure you have the insurance you need. Contact Riverside Insurance Agency Inc. in Byram, MS for a no-obligation quote on workers’ compensation insurance that will protect your employees and your business.

Business owners in the greater Byram, MS area rely on the team at Riverside Insurance Agency Inc. for all of their commercial insurance needs. If it’s time to upgrade the current commercial policy protecting your company, give us a call.

We are proud to support our local business community!

Is it time for a comprehensive commercial policy?

When a business is first getting started, it is common for the owners to look for ways to save money. One such action may be selecting a primary commercial policy that is pretty bare-bones. While this type of policy may serve your needs as you are getting your company off the ground, as your business grows, so too do its commercial insurance needs. 

Upgrading to a more comprehensive commercial insurance policy will help to ensure that your company has the protection it needs. Making sure that you have the insurance coverage that you need is the first step when it comes to responsible business ownership. And, remember that with more success comes more liability risk. 

Don’t delay reviewing your current commercial insurance policy for completeness. And, be sure to take action if your review uncovers any gaps in coverage. Owning and operating a successful business takes a lot of time, energy, and hard work. Be sure to protect your efforts with adequate commercial insurance. Contact us today and let’s review your insurance needs. 

We are the agency to call for all of your commercial insurance needs!

Riverside Insurance Agency Inc. is the one to call for any of your company’s commercial insurance needs in the greater Byram, MS area. Contact our office today to set up a consultation. We look forward to working with you!

Being the owner and operator of a business in Mississippi can be a stressful but honorable task. It’s a beautiful state with a bevy of weather stressors, economic stressors, and global stressors that could impact your revenue in an instant. When you are looking for Mississippi commercial insurance, business interruption insurance can help you to feel a little more comfortable about how you would recover losses in a disaster.

At Riverside Insurance Agency Inc., we want Byram, MS business owners to have every kind of protection that they need in the event of business losses. We can help you understand why business interruption insurance is important in Mississippi.

What is Business Interruption Insurance?

Business interruption insurance can help you to pay for damage caused by designated perils. You will need this insurance if any of the following happens:

• Physical damage to your property or contents suspends the regular flow of your business
• Property damage occurs that prevents you, your clients or customers, or your workers from getting into the premises
• An area or all of your business is closed by government order

What Does Business Interruption Insurance Cover?

Business interruption insurance will cover almost any losses. The ones that you worry about the most when your business is interrupted can be covered:

• Employee wages and benefits
• Loan and interest payments
• Relocation costs
• Mortgage or rent fees
• Utility costs
• Professional fees 
• Taxes
• Insurance costs

Get a Quote

When your business is interrupted, you are going to worry about everything. You will worry less when you have business interruption insurance. At Riverside Insurance Agency Inc., we help Byram, MS business owners get the coverage they need that will help provide certainty in uncertain times. Call us for a quote today.