Every industry has its own challenges, and sometimes it’s those hurdles we don’t see that can hurt the bottom line the most. If you’ve got a cookie-cutter policy for your business in Massachusetts, you might have gaps in your coverage from either an industry standpoint or your unique situation. Learn more about the different types of needed insurance for MA small businesses and when it’s time to review your existing coverage with the experts.

Restaurant Industry: Looking at Liability

For a restaurant, your reputation is everything. Making sure you’re covered in the event something goes wrong, from intoxicated patrons to a sudden interruption of your business, is vital. Whether you’re just starting up or expanding to delivery this year, it’s essential to review.

Retail Industry: Product Protections

If you sell products (or are introducing products) at your business, you’ll need product liability insurance against claims of bodily or property damage due to them. Also, depending on your location and foot traffic, you may want to increase your liability protections for customers.

Service Industry: Professional Protections

If your business relies on professionals to get the job done, having their back with professional liability insurance is important. This isn’t covered under standard BOP policies, so you’ll need to get specialized insurance, sometimes known as errors and omissions insurance.

All Industries: Workers Comp & Auto Insurance

Of course, regardless of the industry you’re in, there are two required insurances for MA: workers compensation and commercial auto:

• Workers Compensation Insurance: All businesses are required to carry this insurance, regardless of the number of employees or hours worked. It covers medical costs and disability benefits.
• Commercial Auto Insurance: Commercial auto insurance is required for any vehicle you use for work, from a commercial delivery van to the personal car your employee uses for deliveries.

At Safeside Insurance, we’ve been helping small businesses of all sizes in Worcester County and the greater MA area for over 30 years. Whether you’re just starting, breaking into a new industry, or need to review your policies for better insurance coverage, we’ll help you get the right insurance at the right price. We also have a wide area of personal insurance offerings for home, auto, and more! Contact us today to talk to an agent or jump right to getting a quote.