Category: Commercial Insurance

Do you need commercial insurance in Oshkosh, NE? The answer depends on your business type. If you have a small business that only employs a few people, then you might not need commercial insurance. But, if you have a larger business or one that is considered high-risk, then you will most likely need to get commercial insurance from Western Trail Insurance.

Is Commercial Insurance Required in Nevada?

Nevada does not require most businesses to have a commercial insurance policy. There are some exceptions listed below. However, if you need to lease property or equipment, commercial insurance is often required.

Types of Businesses That Need Commercial Insurance

There are certain types of businesses that are required to have commercial insurance. These businesses are usually considered high-risk because they pose a greater liability to the public. Examples of businesses that need commercial insurance include:

• Restaurants and bars
• Construction companies
• Auto repair shops
• Businesses that offer professional services such as accounting or legal services

If you have a small business that does not fall into any of the above categories, you might still need commercial insurance depending on the type of business you have. For example, if you have a home-based business, you will most likely need to get some form of commercial insurance to protect your home and belongings in case of an accident.

Get Commercial Insurance Today

Now that you know whether or not your business needs commercial insurance, the next step is to get it. Contact Western Trail Insurance in Oshkosh, NE and one of our qualified insurance agents will guide you through your options to get the exact amount of coverage you need.

What is Cyber Liability Insurance?

If your business uses technology, whether it is to store customer credit card information or names and addresses, then you are at risk of a cyber-attack. While many people assume that cyber-attacks only happen at major companies, that is a far cry from reality. In fact, most cybercrimes aren’t even being discussed because they occur at smaller businesses that aren’t going to be covered by the news.

So what can you do to protect your business from a cyber attack? Well, it’s pretty easy – purchase cyber liability insurance. Cyber liability insurance is a type of coverage that pays out when a business suffers a cyber intrusion such as a data breach, ransomware, or malware attack. When an attack of this nature occurs, businesses must take a number of steps from informing customers, to recovering lost data, to potentially settling litigation and paying fines. It is not unheard of for companies to go out of business because they can’t recover from the losses associated with cybercrime.

Luckily, cyber liability insurance can help pay for these costs and much more. Although cyber liability insurance is not required in Nebraska like workers’ compensation and commercial auto insurance is, it is highly recommended that you purchase the coverage for extra peace of mind. 

When it comes to safeguarding your business, you want the best coverage possible. At Western Trail Insurance in Oshkosh, NE we have your back and will work tirelessly to customize an insurance policy that ensures your business is totally protected. Whether you are in the market for a new policy or just opened a business, let us help you and give us a call today to learn more. 

Owning a business comes with plenty of worries. So many things can go wrong. Commercial insurance helps to mitigate some of the perils out there but just choosing your commercial insurance coverage comes with its own set of perils. If your business is in or near Oshkosh, NE, you can feel confident choosing Western Trail Insurance to help you to find the right commercial policy. 

Work with a respected insurance agent.

Ensuring that you have the kind of commercial insurance that works the best for your particular business is important. While you may not know all the ins and outs of a particular type of commercial policy, your insurance agent will know, and they can recommend the types that will have benefits for you. 

Know the laws about commercial insurance in your state

The laws governing businesses and insurance differ from state to state. In Nebraska, if your business owns a vehicle, it must be covered by commercial auto insurance. If you have one or more employees, whether full or part-time, you must provide workers’ compensation insurance. 

Compare several insurance quotes.

Having an independent insurance agent makes this easy to do. They do all the work and get the quotes for you without contacting multiple carriers yourself. Prices can vary greatly from one to the other, and you want to make sure you are getting the best deal while making sure you get the coverage that makes sense. 

Combine coverages

Consider getting a BOPs (Business owners policy)  or CPP (Commercial Package Policy). Both of these combine coverages into a package that ends up being more affordable for you. 

If it is time to get your first commercial insurance policy or you are ready to reevaluate the one you have, at Western Trail Insurance in Oshkosh, NE, we are here to give you the benefit of our experienced advice. Come to our office or call us and let us give you a quote.