We live in unpredictable times in which natural disasters are on the rise. As a business owner in Willoughby, OH, you can counter the risk of disaster damage with commercial insurance. A commercial insurance policy from The Merhar Agency LLC can protect your enterprise against theft, fire, tornadoes, winter storms, lightning strikes, and more. Here are three good reasons to protect your business against disasters. 

Safeguards Your Business Assets

Commercial property insurance covers damage to your business building, equipment and inventory to help you recover from a disaster. This coverage saves you from having to pay for disaster damage out of your business assets. By reimbursing you for disaster damage, property coverage can help you recuperate your losses to save you from financial ruin. It also enables you to get back on your feet quickly after a disaster.

Protects Your Business against Bankruptcy

A major disaster could cause extensive damage to your small business, forcing you to shut down temporarily for repairs. Even if your business closes for a short amount of time, you will lose valuable revenue. Business interruption insurance covers lost revenue due to a disaster. It also includes your payroll, taxes, rent or lease payments, and other essential business operations to protect you against bankruptcy after a disaster.  

Keeps Your Business from Losing Clients

By compensating your Willoughby, OH business for disaster damage, commercial insurance can help expedite your recovery. This enables you to continue providing the products or services your customers need. A quick recovery could save you from losing clientele to local competitors who weren’t affected by the disaster.

Commercial coverage can be customized to provide the essential protection your business needs. To learn more about commercial insurance options and costs, call or visit The Merhar Agency LLC.