Although many businesses are experiencing significant changes right now, there are plenty of summer businesses still planning to be in normal operation by this summer. The situation is rapidly evolving, but we still wanted to provide you with some important insurance considerations for summer-based businesses or businesses whose operations vary during warmer months.
Business Insurance for Summer Businesses
In the summer months, your business could have different insurance needs than it does during the rest of the year depending on the nature of your operations. Or maybe your business only operates in the summer to begin with!
Either way, here are four insurance considerations for businesses during the summer.
Protect your inventory
If something were to happen to the inventory you need to sell to make an income, how would you make money? To protect you from the damages of being left without inventory, make sure you have business property insurance in place.
Patio safety considerations
Several restaurants and bars have patios that are only open during the summer. Does that include your business? Then you’ll want to make sure your commercial general liability insurance gives you adequate coverage for third-party injury or property damage claims from clients using your patio.
Insure your supplies
Several summer-based businesses rely on expensive equipment to operate, pool maintenance workers and landscapers being a few examples. If your tools are damaged or taken, commercial property coverage could help cover the cost of repairing or replacing these items.
Errors and omissions insurance
Event planners are often busiest in the summer. Because they’re responsible for providing valuable services to clients, with that comes a certain amount of risk. With errors and omissions or professional liability insurance in place, you get financial protection for covering damages and other liabilities.
Would you like to learn more about the best options for protecting your business during all months of the year? We also offer home and auto insurance, along with farm insurance and life and health insurance. Give us a call today for help with all of your insurance needs!