When you own a business in Virginia, there are certain types of commercial insurance that you are required to have by state law. In addition, there are many types that can be helpful, although they aren’t mandated. If you need commercial insurance, contact us at Stonewall Grace Insurance in Buena Vista, VA.

Workers’ Compensation

This is an extremely important type of coverage that is required for all Virginia businesses that have three or more employees. This type of coverage helps to pay for the expenses incurred when a worker falls ill or gets injured while working in your business. This insurance provides for the medical bills that result from this as well as paying lost wages when necessary. It can also pay for any ongoing care needed after an accident or illness that happens while on the job. This protects your business from having to come up with all of these expenses if this should happen. 

Commercial Auto Insurance

This type of insurance covers vehicles that are owned by the business as well as those that are used for the business. It generally includes liability coverage, property damage, medical bills, an accident with an uninsured motorist. It is recommended that vehicles that are used for business purposes get this type of insurance, as a personal policy may not cover an accident that happens while the vehicle is being used for business tasks. 

Business Owners’ Policy

This is not a required type of insurance, but it is recommended for most small businesses. It includes a number of different coverage types that are important to have for business owners. It includes a number of types of liability coverage to keep your business well-protected. 

Get Your Commercial Insurance

If you own a small business, you need commercial insurance. Call us at Stonewall Grace Insurance in Buena Vista, VA.