Why Your Business May Need Recreational Insurance

If you operate a business that involves outdoor recreational activities, you must have the right insurance coverage. Recreational insurance is specifically designed to cover businesses that offer recreational activities. This insurance type is crucial; no recreational business should be without it. Contact the Kingston Insurance Agency LLC in South Kingstown, RI for your insurance needs.

Outdoor Businesses

A wide range of outdoor activity businesses are available, from kayaking and rock climbing to hiking. These activities are highly enjoyable, but they are not without risks. All customers who participate in these activities face potential dangers. Recreational insurance is available to help mitigate risks for your business. It can cover accidents and injuries incurred during these activities. This insurance is also applicable to indoor recreational businesses such as rock wall climbing and indoor skydiving.

Liability Risks

The primary risk for your business when offering these activities is liability for accidents. Recreational insurance can cover the medical bills and other costs resulting from a customer’s injury. If an accident causes a customer to lose wages, the policy can compensate those lost wages. It can also cover legal costs associated with the accident. It is crucial to always have this insurance because injuries can occur at any time and place. It doesn’t have to be a strenuous activity for an accident to happen.

Get Recreational Insurance

Recreational insurance is a necessity if you operate a business of this kind. Ensure that you are always covered by calling us at Kingston Insurance Agency LLC in South Kingstown, RI.

Protecting Your Business on the Road

Whether you use your personal vehicle or a company car for business purposes, it’s important to have the right insurance in place. If you’re in an accident while driving for work, commercial auto insurance will protect your business from potentially expensive liabilities. Let us explore what commercial auto insurance is, how it differs from personal auto insurance, and when you might need it for your business. For those wondering whether your business needs commercial auto insurance, Kingston Insurance Agency LLC in South Kingstown, RI provides this guide. 

What is commercial auto insurance?

Commercial auto insurance is a type of insurance designed to protect businesses from the financial risks associated with owning and using vehicles for business purposes. This can include cars, trucks, vans, and other types of vehicles. Like other types of business insurance, commercial auto insurance can help protect your business from expensive liabilities that can arise from accidents, property damage, and other losses.

How does it differ from personal auto insurance?

There are a few key ways that commercial auto insurance differs from personal auto insurance. First, commercial auto insurance typically provides more coverage than personal auto insurance. This is because businesses are generally at greater risk for accidents and losses than individuals. Second, commercial auto insurance policies can be customized to meet the specific needs of your business. Finally, commercial auto insurance rates are usually higher than personal auto insurance rates because of the increased risk for businesses.

When do you need commercial auto insurance?

If you use a vehicle for business purposes, you will need commercial auto insurance. This includes if you use your personal vehicle for:

  • Business travel
  • Delivery or transportation of goods
  • Sales or marketing visits
  • Client meetings

Get commercial auto insurance in South Kingstown, RI

If you use a vehicle for business purposes, you will need commercial auto insurance. Kingston Insurance Agency LLC can help you find the right policy for your business. Contact us today to get started.

Do I Need Commercial Insurance If I Lease My Business Space?

If you rent your store or office in the South Kingstown, RI area, you’re far from alone. Most business owners operate out of a building they lease rather than own, and this makes a lot of sense. Lower startup costs and leaving the landlord responsible for maintenance and repairs means you get to spend more time running and growing your business! 

But does leasing the property mean you’re off the hook for commercial insurance? At Kingston Insurance Agency LLC, we’re used to hearing this question. But contrary to popular belief, the benefits of commercial insurance extend far beyond the commercial property itself.

Run a store or another business where customers and guests are frequent? A good commercial insurance policy helps keep you protected should they become injured while inside your business. It’s important to realize that while your landlord likely has their own insurance policy on the building itself, their coverage does not actually apply to your business operations. 

Likewise, all of your business property (equipment, stock items, etc.) should be covered under a business owner’s commercial policy tailored just for you. You will also need at least some kind of commercial auto coverage for any company vehicles. 

If you have employees, commercial insurance can be crucial when it comes to worker’s compensation. If one of your staff members is injured while on the job (whether on-site or off), you may find yourself having to pay for their medical bills, time off from work, etc. 

At the end of the day, having a good commercial insurance policy may be the key to preventing major losses when disaster strikes. 

Want to learn more about your commercial insurance options and how you can protect your South Kingstown, RI business? Our team at Kingston Insurance Agency LLC is here to help! Give us a call or send us a message today.