Why Would You Need a Commercial Package Policy?

​A business insurance plan may not give you what you want in terms of coverage and protection. Perhaps, you are looking for something flexible and one that can provide you with only the coverage that you need. In that case, you need a commercial package policy. Here are the top reasons why you should need one.

Lower Costs of Premium
One of the reasons why business owners purchase a commercial package policy is that it is cheaper than individual policies. Most insurance companies will give you discounted rates in exchange for buying more insurance policies together. Thus, it is better than buying all of your insurance policies separately. The idea behind the low cost is that you won’t have to use the entire policy that often since it’s going to affect all the individual insurance policies in it.

Simple Policy Language
Another reason why you would want to buy a commercial package policy is that you can have one carrier to handle all the policy language. Considering that every insurance company has its own policy rules, the commercial package policy should save you a lot of trouble. A single and straightforward contractual language coming from one insurance company will give you peace of mind.

Comprehensiveness
With a commercial package policy, all you do is piecemeal different insurance policies together. That gives you enough freedom to decide on how small or how comprehensive your entire policy is. With a commercial package policy, you can bundle property insurance, general liability insurance, and business income insurance. You can also include business vehicle insurance as well as commercial crime coverage and many more.

Flexibility and Customizability 
A commercial package policy will give you flexibility on what insurance policies you can afford and what you actually need. You can decide what you want anytime. Just take note that workers’ compensation, commercial flood, and professional liability insurance are not a part of the commercial package policy. With a business insurance policy, you can only accept the terms, but with a commercial package policy, you have the final say as to what insurance types you'll need.

Some Final Words
A commercial package policy is one of the things that every small business owner should purchase. If you can’t afford the traditional business owners’ policy, then you can only buy what you want. With a commercial package policy, you call the shots.

At Desmond Insurance, we aim to provide comprehensive insurance policies that make your life easier. We want to help you get the insurance that fits your needs. You can get more information about our products and services by calling our agency at (859) 491-5100. Get your free quote today by CLICKING HERE.