Commercial Insurance in Georgia

Commercial insurance covers a business for various situations. There are many different types of commercial insurance, and there are two types that are mandatory for businesses in Georgia. If your Georgia business needs commercial insurance, call us at Ransom & Associates Insurance Agency in Winder, GA to find out more.

Business Owned Vehicles

When a Georgia business owns a vehicle, that vehicle has to have a commercial auto insurance policy. The state has a mandatory minimum amount of coverage required for one person's bodily injury liability during an accident, and a higher amount is required for all of the people who require bodily injury liability in the accident. It also includes a set minimum amount for the property damage liability that is caused during an accident. If you are doing work with your personal vehicle, the chances are that your personal auto policy will not be valid and will not payout in the event of an accident. When the company doesn't own your vehicle, but you do work with it, it's recommended that you get insurance coverage known as hired and non-owned.

Workers' Compensation Insurance

This type of insurance covers your business if there is an employee who gets hurt or sick during the course of work. This is required of every business that has at least three employees, even if they are part-time. This coverage pays out medical bills when an employee is injured or becomes sick from something at work.

Other Insurance Coverage

Many other types of insurance coverage may be recommended, depending on your industry. For those who have an online presence, cyber insurance is often recommended. This will take care of your business' liability if there is a hack or data breach.

Talk to an Agent

If you are in Georgia and need commercial insurance, call us at Ransom & Associates Insurance Agency in Winder, GA to make an appointment to speak with an agent.