Considerations For Commercial Insurance For the Service Industry

You Will Say Good "Bye" When You Insure With Bye Financial Group, LLC

The pun is intended because as a business owner you cannot afford to have inadequate coverage for your liability aspects or the property aspects of your business. You have to develop a good relationship with your broker or insurance agent. You have to choose a company that will be on top of the insurance requirements in Lansing or Grand Ledge, MI and the state mandates as well. 

Michigan Residents are Service Oriented Citizens

People who reside in our state are known for our tried and true work ethic. Getting great service is a given when you hit the state of Michigan. What are some of the items that people in the service industry need to consider when purchasing their commercial insurance policy?

  • The amount of liability that may be incurred when dealing with the public
  • The amount of service provided to the public 
  • Are there governmental bodies that may be able to share the insurance burden depending upon grants or funding they may contribute to your service industry?
  • Are services delivered in-house or in some other space? Liability varies widely in this area. 

In short, the main consideration for commercial insurance in the service industry is to sit down with an agent and determine where your company’s liability is. This process is not for the general public. A professional trained in commercial insurance is required for success. 

Stop by our office or give us a call today at Bye Financial Group, LLC in Grand Ledge, MI. We also serve Lansing, MI, and the surrounding areas. The complexity of commercial insurance can not be navigated without a professional aboard. Together we will find the best coverage to meet every aspect of your venture.