Commercial Insurance in New York: Why You Must Have It

When you have a business in New York, you have a lot of worries on your mind. Every day that you open your doors, you worry about any potential risk to your business, and you should. This is your income and service to others that you are responsible for.

At Genesee Valley Agency, we want every Arkport, NY business owner and operator to be protected financially from every liability and financial risk. You need New York commercial insurance to protect you from all the things you worry about when you open the doors every morning.

General Liability

Slip and falls in a place of business are a multi-billion dollar insurance problem in the United States. Every day there are Americans in emergency rooms having injuries treated that happened when they went out to run errands for the day.

If you own commercial vehicles, liability insurance is required. However, you are not required to have it by law in New York. Even so, it is critical insurance to have to protect you from slip and falls, or people that want to claim them.

Property Insurance

Property insurance for a commercial business is insurance that covers the building of the business, and the contents of the business. Property insurance will protect you from events such as weather, theft, or fire. There are policies for that name perils specifically, or all perils commercial insurance.

New York flood insurance is typically a separate insurance policy when you want your commercial property protected against the common act of floods.

Business Interruption Insurance

The uncertainty of the business world in America has never felt this high. Business interruption insurance can cover you when events interrupt your course of business and lead to loss of revenue. That could include events such as terrorist attacks, crime, pandemics, hacking, or any event that was not caused by you or God that resulted in business interruption.

Get a Quote

At Genesee Valley Agency, we want all Arkport, NY business owners to be covered for every commercial risk. In addition to these kinds of coverages, we can help you find professional liability insurance, commercial auto insurance, cybersecurity insurance, umbrella insurance in New York, and more. Call us for a quote today.