St. Louis Business Insurance

In the business of protecting your company.

There are many hazards that could have devastating effects on your business. Although St. Louis business insurance won’t eliminate the risks, it will protect you financially. McNeil Insurance Group is your independent representative, connecting you with policies that give you the coverage you need at a price you can afford. 

Why You Need Business Insurance

If you have been operating without insurance coverage, you might wonder why you need to take out a policy at all. Beyond the fact that it is often required as part of your rental agreement and other contracts, there are major benefits to having the right protection.

Lawsuits Can Be Devastating

People love to sue. Should you be faced with a lawsuit without insurance, it could be the end of your business. Even if the suit turns out in your favor, paying your defense fees could still force your company to fold.

Natural Disasters Are a Threat

With the right St. Louis business insurance policy, you will be covered against common natural disasters in the area, including tornados and floods. Without this coverage, you are on your own to cover the costs of repairing and replacing your property.

Insurance Gives You Credibility

When clients have to choose between working with an insured business or an uninsured one, they’ll choose the one with coverage every time. And this isn’t just because they offer better protection; carrying quality insurance policies makes you look more responsible and professional.

Employees Are Assets

In fact, they are the most important asset for the majority of businesses. While you are required to carry workers’ compensation insurance, there are other types of coverage that can enhance protection for your employees and create a better work environment.

The Future Is Unpredictable

Whether or not you have done well without business insurance up until this point, you never know what is coming your way. The only way to truly protect your business is with the right insurance policy.

What Is Included in a Business Insurance Policy

Like most policies, St. Louis business insurance can be customized to include the types of coverage you want without adding in extras. Since it is required by law, every business insurance policy should at least include workers’ compensation coverage. Other elements of business insurance include:

Errors and Omissions

This covers your business against negligence claims related to harm caused by mistakes or failure to perform.

Product Liability Coverage

This covers your business should one of your products cause damage that results in a lawsuit.

Property Coverage

This covers equipment, inventory, furniture, and more should it be damaged or lost to fire, storms, or theft. It applies whether you lease or own your business space.

Home-Based Business Coverag

If you operate your business from your home, your standard homeowners insurance policy will not cover anything commercial. This additional coverage protects equipment and inventory.

Vehicle Coverage

While you should have a car insurance policy on any vehicle you own, you need a commercial one for those you use for business activities.

What McNeil Insurance Group Does for You

Navigating the world of business insurance is difficult. Let the McNeil Insurance Group serve as your guide. We understand the factors that determine which policies are best for you.