Commercial Insurance in Ohio & Pennsylvania

Do You Need Commercial Insurance in Ohio or Pennsylvania?

Commercial insurance is generally not required in the state, but it can be used to protect a business from financial losses. Workers compensation is usually the only insurance required for businesses that operate in Ohio or Pennsylvania, and it’s for businesses that have one or more part-time or full-time employees. Workers compensation protects the business if an employee is injured at work and helps offset the cost of any medical coverage and lost wages. For businesses that have company cars, commercial auto insurance is required.

What Does Commercial Liability Cover?

A commercial liability policy in Ohio or Pennsylvania is general coverage that a business gets and covers a number of things to protect businesses from financial loss. Some of the things that are covered include:

• Injury to someone other than an employee at the place of business, or injuries caused by an employee at a client’s work or home.
• Damage caused by you or an employee to someone else’s property.
• Personal injury, including copyright infringement, libel, slander, false arrest, wrongful conviction, or other similar acts that can cause damage to a person’s reputation.
• Any losses that are caused by your advertising efforts.
• Costs that are used to defend against a lawsuit or judgments. This won’t cover any punitive damages or willful misconduct and only helps up to the coverage limits.

Other Insurance That Benefits Businesses

Businesses can benefit from various types of insurance, depending on the risks that are associated with their particular kind of business. An agent at Ruddy Insurance Group can help businesses find insurance that is customized to their unique business risks. For businesses that store personal information, cyber liability insurance can protect the business from costs that are associated with a data breach. Commercial property insurance can be useful to not only protect the building the business operates in, but also inventory and business equipment that is in the building.

Contact Ruddy Insurance Group, serving Pennsylvania and Ohio, to get a quote on commercial insurance.