What are the most common misconceptions about commercial insurance?

As a business owner, you probably have a lot on your plate. You need to run your business to make sure it is successful and also make sure that it is protected. One of the best ways to protect your business is to have commercial insurance, but there are many myths surrounding it.

Let’s take a look at some of these myths and debunk them:

Myth 1: Commercial Insurance Covers All The Losses

A common belief is that commercial insurance covers any type of loss. However, this is not true. Just like any other type of insurance, business coverage has a number of exclusions. There is no commercial policy that would cover everything. Every policy is different, and it is crucial to understand that. 

Myth 2: Small Businesses Do Not Need Commercial Insurance

The truth is that all businesses can benefit from commercial insurance regardless of their size. Therefore, if you think that your company is too small for business insurance, you are wrong. 

Myth 3: Your Home Insurance Will Protect Your Home-based Business

Do you think that your home insurance will also protect your home-based company? Well, this is untrue. Unfortunately, your home insurance covers your home and personal belongings only. Therefore, if you run a business from home and want to make sure that it is protected, you need to get commercial insurance. 

Looking For Insurance in Olathe, KS?

Are you a business owner running your business in Olathe, KS or any other town in the state of Kansas? Do you want to make sure that your company is well protected in the event of loss? Then, consider reaching out to AHI Group and getting business insurance. At AHI Group, we specialize in all types of insurance, including commercial insurance as well. Reach out to us today.