If you own a South Carolina business, you need the proper insurance to protect it. There are types of commercial insurance that are required for some businesses in the state. If you meet the requirements for these commercial policies, your business must get this coverage and keep it. It’s important that business owners know what these required insurance policies are and whether they are required for their business.

To find out more, give us a call at C & H Insurance Associates LLC in South Carolina.

Required Commercial Insurance

Workers’ Compensation Insurance

Every business with employees should have this type of insurance to protect itself. However, it’s only required in South Carolina for businesses that have at least four employees. These workers can be part-time or full-time. This type of insurance covers your business against injuries that happen to work. It also covers work-related illnesses. This insurance pays for the medical bills of those who get injured or sick, and it pays disability benefits when needed. It will also pay for the legal costs that come from a work-related injury. 

Commercial Auto Insurance 

Every vehicle that’s owned by a business in South Carolina has to have a commercial auto insurance policy. This policy protects your business in case of accidents that are caused by your vehicle. When you get your auto insurance, there are specific types of coverage that are required to be in it. These include two different amounts for bodily injury liability and one amount for property damage liability. It’s a good idea to also add to these policies with collision coverage. This protects your business by protecting your vehicle against the cost of damages to it. 

Get Commercial Insurance for Your Business

When your business is required to have commercial insurance, call us at C & H Insurance Associates LLC in South Carolina.

Every homeowner has to protect their home. One way you can do this is to have home insurance. These policies have several different types of protection in them for you and your home. When you purchase a house, the lender will require that you have this insurance, For people with an HOA, they also require this type of insurance. Even if it isn’t required for you, however, you need this insurance for financial protection.

Homes face a lot of risks, and they can be incredibly expensive if you don’t have insurance. When you need home insurance, call us today at C & H Insurance Associates LLC in South Carolina.

Why Home Insurance

Risks to the Home

There are many risks that homes face that may damage them. These include calamities, accidents, and certain types of disasters. These can cause damage that needs to be done for the house to be inhabitable. With home insurance, these repair bills will be paid by the policy. The policy will also pay for you to live elsewhere if your home is unlivable while the repairs are being made. 

Risks to Belongings

Your belongings inside the home are also at risk. The same damaging events that can affect your home may affect your belongings as well. Home insurance protects your possessions as well as the home. The policy can pay for your items to be replaced so that you can get your home back to the way it was. Replacing everything can be extremely expensive without insurance. Make sure you get and keep a home policy for as long as you own your home. 

Get Your Home Insurance 

Don’t have home insurance yet? It’s important to get started right away. To find out more, you can call us at C & H Insurance Associates LLC in South Carolina.