Caring for your business, protecting your future
Protecting your business is more than just a necessity – it’s an opportunity for growth and success. At Greenwood Insurance Group, we specialize in providing comprehensive commercial insurance solutions tailored to meet the unique needs of businesses big and small. Whether you’re a small startup or an established corporation, we offer a wide range of coverage options, including property, liability, workers’ compensation, and more.
With Greenwood by your side, you can focus on what matters most – running your business – while we take care of protecting it from unforeseen risks. Trust us to provide you with the peace of mind you deserve, so you can thrive in today’s competitive landscape.
Explore our commercial insurance solutions
Running a business comes with its fair share of risks and uncertainties. That’s where Greenwood Insurance Group steps in. Our different types of commercial insurance products are designed to mitigate those risks and keep your business running without issue.
Our areas of expertise include but are not limited to:
- General Liability Insurance
- Property Insurance
- Commercial Auto Insurance
- Professional Liability Insurance
- Workers’ Compensation Insurance
- Cyber Liability Insurance
- Commercial Umbrella Insurance
- Directors and Officers (D&O) Insurance
- Business Interruption Insurance
- Flood Insurance
- Employment Practices Liability Insurance (EPLI)
- Business Owners Policy (BOP)
FOUR STAGES OF RISK ASSESSMENT
Comprehensive policy review to determine and understand all exposures and policy language. We use this time to build a long-term plan to protect your business.
Our fully staffed team of professionals develops a custom insurance plan backed by Greenwood’s technology and analytics to leverage insurance carriers.
Review all proposed coverages and changes for accuracy and highlight the implementation timeline.
Implementation and execution of custom-tailored insurance and risk management plan.
Common commercial insurance questions
Why is it important to have insurance coverage for businesses?
Firstly, it protects your business financially. Running a business involves risks like property damage, accidents, or unexpected events. Insurance acts as a safety net by covering the costs of these risks, so you don’t have to pay for them out of pocket.
Secondly, having insurance builds trust and credibility with your customers and partners. When you have the right insurance coverage, it shows that you take your business seriously and are prepared for any unexpected events. This makes customers feel more confident in doing business with you and can attract new customers as well. It also helps you comply with legal requirements in your industry, avoiding fines or legal troubles.
What are common types of insurance for small businesses?
- General Liability Insurance: Covers legal expenses and damages in case of accidents, injuries, or property damage caused by your business operations.
- Property Insurance: Protects your business property, including buildings, equipment, and inventory, against damage or loss due to events like fire, theft, or vandalism.
- Professional Liability Insurance: Also known as Errors and Omissions (E&O) insurance, it provides coverage for claims related to professional errors, negligence, or inadequate services that result in financial harm to clients.
- Workers’ Compensation Insurance: Required in most states, it provides wage replacement and medical benefits to employees who suffer work-related injuries or illnesses.
- Business Interruption Insurance: Covers income loss and ongoing expenses if your business is forced to temporarily close or reduce operations due to covered perils like fire or natural disasters.
- Cyber Liability Insurance: Protects against data breaches, cyberattacks, and related legal expenses, helping cover costs such as customer notification, credit monitoring, and potential lawsuits.
These are just a few examples, and the specific insurance needs of a small business may vary depending on factors like industry, location, and size. Talk with one of our risk advisors for coverage that meets your business needs.
What is unique about Greenwood Insurance Group?
What sets us apart is our emphasis on comprehensive support throughout the year. From analyzing contractual commitments to handling claims, our team is by your side every step of the way. With Greenwood Insurance Group, you can have peace of mind, knowing that we provide tailored risk management solutions and dedicated assistance to safeguard your business year-round.