{"id":111,"date":"2020-06-22T04:00:00","date_gmt":"2020-06-22T10:00:00","guid":{"rendered":"https:\/\/www.curtismillerins.com\/blog\/?p=111"},"modified":"2020-06-17T08:38:10","modified_gmt":"2020-06-17T14:38:10","slug":"three-misconceptions-about-commercial-insurance","status":"publish","type":"post","link":"https:\/\/www.curtismillerins.com\/blog\/three-misconceptions-about-commercial-insurance\/","title":{"rendered":"Three misconceptions about commercial insurance"},"content":{"rendered":"<p>Business owners need to understand commercial insurance to make sure that their companies are adequately protected financially. At Curtis Miller Insurance we offer commercial insurance policies in Parkersburg, WV.&nbsp;<\/p>\n<p>The following are three misconceptions about commercial insurance that you need to be aware of as a business owner.&nbsp;<\/p>\n<h2>Business owners don&#8217;t need commercial coverage with an LLC.<\/h2>\n<p>Many business owners have a misconception that an LLC protects them from all financial liabilities. However, this is not the case.&nbsp;<\/p>\n<p>Commercial insurance is necessary even if you&#8217;re running an LLC. While the LLC setup might help protect your personal assets, it will not protect business assets in the event of a lawsuit or similar liability expense.&nbsp;<\/p>\n<h2>If a company&#8217;s sole service is consulting, commercial coverage is not necessary.<\/h2>\n<p>Some business owners who run consulting companies think that consulting is not a type of service that requires commercial coverage. However, this is not the case.<\/p>\n<p>Consulting companies could be held liable for errors and omissions claims. They also could be subject to malpractice suits in some situations.<\/p>\n<p>Therefore, commercial coverage is necessary for many consulting firms.&nbsp;<\/p>\n<h2>Commercial insurance covers flood damage to commercial properties.&nbsp;<\/h2>\n<p>Commercial insurance is important for insuring commercial facilities. However, it&#8217;s important that business owners don&#8217;t make the assumption that their commercial coverage includes coverage for flood damage to commercial properties.&nbsp;<\/p>\n<p>In fact, flood coverage generally requires add-on coverage. If your commercial facility is located in an area that is subject to frequent flooding, you need to invest in added flood coverage in addition to your basic commercial property coverage.&nbsp;<\/p>\n<p>If you&#8217;d like to get more information about meeting your commercial insurance needs, get in touch with us at Curtis Miller Insurance. We offer commercial coverage in Parkersburg, WV.&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Business owners need to understand commercial insurance to make sure that their companies are adequately protected financially. At Curtis Miller Insurance we offer commercial insurance policies in Parkersburg, WV.&nbsp; The following are three misconceptions about commercial insurance that you need to be aware of as a business owner.&nbsp; Business owners don&#8217;t need commercial coverage with [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[5,6],"class_list":["post-111","post","type-post","status-publish","format-standard","hentry","category-uncategorized","tag-curtis-miller-insurance","tag-parkersburg-wv"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.curtismillerins.com\/blog\/wp-json\/wp\/v2\/posts\/111","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.curtismillerins.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.curtismillerins.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.curtismillerins.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.curtismillerins.com\/blog\/wp-json\/wp\/v2\/comments?post=111"}],"version-history":[{"count":1,"href":"https:\/\/www.curtismillerins.com\/blog\/wp-json\/wp\/v2\/posts\/111\/revisions"}],"predecessor-version":[{"id":112,"href":"https:\/\/www.curtismillerins.com\/blog\/wp-json\/wp\/v2\/posts\/111\/revisions\/112"}],"wp:attachment":[{"href":"https:\/\/www.curtismillerins.com\/blog\/wp-json\/wp\/v2\/media?parent=111"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.curtismillerins.com\/blog\/wp-json\/wp\/v2\/categories?post=111"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.curtismillerins.com\/blog\/wp-json\/wp\/v2\/tags?post=111"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}