Business Services

We Make Protecting Your Business Our Business

Businesses have vastly different insurance needs. The BHS Insurance team of professionals will help your organization assess your risks, create a customized risk management program with comprehensive insurance protection and budget friendly solutions.

From property & casualty to health & safety, our business insurance specialists are here to help you protect your success. We are deeply experienced in multiple industries, coverages, and innovative in crafting alternative risk financing mechanisms. Our value-added business services team goes beyond coverage to help you enhance your productivity and strengthen your operations.

Frequently Asked Questions

What is business insurance?

Business insurance refers to a type of coverage that protects a company from potential financial losses and liabilities arising from various risks and incidents related to its operations. It typically includes policies such as general liability insurance, property insurance, workers' compensation, professional liability insurance, and business interruption insurance. Business insurance provides financial support to help businesses recover from unforeseen events, such as property damage, lawsuits, or employee injuries.

How to get business insurance?

To obtain business insurance, you can follow a few steps. Firstly, assess your business needs and risks to determine the types of insurance coverage you require. Then, research and compare insurance providers to find the one that offers suitable policies at competitive rates. It's recommended to consult with an insurance agent or broker who specializes in business insurance to help navigate the process. Provide accurate information about your business and its operations to the insurance provider, and they will evaluate the risks and provide you with a quote. Once you choose a policy, review the terms and conditions carefully, and make the necessary payments to secure your coverage.

How much does business insurance cost for a small business?

The cost of business insurance for a small business can vary depending on several factors, including the type of business, its size, location, industry, coverage limits, and claims history. On average, small businesses can expect to pay a few hundred to a few thousand dollars annually for insurance coverage. However, it's essential to note that this is a general estimate, and the actual cost can be higher or lower based on the specific circumstances of your business. To get an accurate cost estimate, it's best to request quotes from multiple insurance providers, considering your unique business needs and risk factors.

Why is business insurance important?

Business insurance is crucial for several reasons. Firstly, it helps protect a business's financial stability by providing coverage for unexpected events that can lead to significant financial losses. This can include property damage, theft, lawsuits, or liabilities arising from accidents or mistakes. Secondly, business insurance is often required by law or regulations, such as workers' compensation insurance, which helps provide benefits to employees injured on the job. Moreover, having adequate insurance coverage can enhance the credibility and reputation of a business, giving confidence to customers, partners, and investors. It provides peace of mind, knowing that the business is protected and can recover from unforeseen setbacks, allowing it to focus on its core operations and growth.