Commercial Insurance in Minnesota

Insurance for your Minnesota Business

Are you shopping for commercial insurance for your business? If the answer is yes, we will be more than happy to get the ball rolling for you here at Lake Central Insurance Brokers in Brainerd, MN. Having commercial insurance will protect you from possible lawsuits and employee injuries. It is great to have because you never know what to expect, especially when you are running a business, whether large or small. Protect your business from financial losses and maintain financial security.

The state of Minnesota does not require businesses to acquire commercial insurance, although it is vital to have. Policies can provide protection for a multitude of services and inventory. Certain policies can protect your employees and prevent lawsuits, as well.

There are many coverage options that you can choose from for your business. But usually, all policies will consist of:

  • Bodily injury
  • Personal injury
  • Property damage
  • Advertising injury
  • Legal defense & judgments

The type of business that you operate should give you a good idea of how much coverage you need to stay protected. Every situation is unique. Anywhere between $500,000 to $1 million is a good rule to follow. However, you should consider increasing your coverage if your business is considered "high risk." High-risk businesses are usually those who deal a lot with the public and building trades. You should also make sure to carry worker's compensation insurance. The state requires any business operating with at least one or more persons, full time or part-time, to acquire workers comp.

Consider visiting Lake Central Insurance Brokers Commercial Insurance for a quote today. You can give us a call or visit our office. Our office is located in Brainerd, MN, and we have many experienced agents waiting to assist you.